A Step-by-Step-Guide on how to buy sBNB (SBNB)
Step 1 – Signup to Coinbase and recieve 10$ for free In the beginning you'll need to purchase units of the bigger coins. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Click below for registration and receive your first 10$.
Step 2 – Send Your Ethereum or Bitcoin to an Cryptocurrency Exchange Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. sBNB (SBNB) is accessible on Binance, so we're going to use that as an illustration. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this how-to) Make sure you have selected the right coin you would like to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so forth. If you are dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our manual).
Step 3 – Find (SBNB) sBNB As soon as your deposit has been verified, you'll instantly have access to your assets and you can commence buying and trading. To buy (SBNB) sBNB on Binance, you'll want to hover over the tab which is called “Exchange” and mouse click on “Basic”. To discover (SBNB) sBNB, you'll need to insert the shortname of the coin (SBNB) into the search-box, which is marked in the picture. Be certain of having selected the correct grouping, we have marked this too. Click on “SBNB/BTC” to proceed.
Step 4 – Buy sBNB (SBNB) Once you have found sBNB (SBNB), you will be given a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). For now we're going to make our own Limit Order. The ”Price” field will be filled with the up-to-date tariff sBNB (SBNB) was sold for. You can change this to your favoured price. The field with the “Amount” tag is the volumen of SBNB you like to purchase. The field with the “Total” tag is the total price in Bitcoin that you will settle for the complete volumen of SBNB. When you are happy, click on “Buy SBNB”. Your plan will be filled as soon as a Seller trades their SBNB for the price you introduced.
Step 5 – Withdraw (SBNB) sBNB Unless you're regularly trading, you should never keepyour crypto on an Exchange for an longer time frame. In order to take off your (SBNB) sBNB, go to the ”Funds” tab and click on “Withdraw”. (SBNB) sBNB can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find (SBNB) sBNB by using the given drop-down box. Drop in the quantity of (SBNB) sBNB you would like to take off. Don't forget the displayed minimus/fees. Also make sure you have filled your right withdraw address. If you're happy, click on “Submit”. You may be asked for phone/email verification ahead of a take off.