A Step-by-Step-Guide on how to buy sBNB (SBNB)
Step 1 – Signup to CEX.io In the beginning you'll need to purchase units of the bigger coins. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Follow the Link below for registration and getting Ethereum or Bitcoin.
Step 2 – Send Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Trader Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto Trader now. Every exchange has 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 funds from Coinbase to an Crypto Trader? (Follow this guide) Make sure you have selected the exact coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etcetera. In the case you are using a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our manual).
Step 3 – Locate sBNB (SBNB) Once your deposit has been verified, you'll directly have access to your funds and you can commence buying and trading. To purchase sBNB (SBNB) on Binance, you'll want to go to the ”Exchange” tab and mouse click on “Basic”. In order to discover sBNB (SBNB), you'll need to put the shortname of the coin (SBNB) into the search box, which is marked in the graphic. Make sure you have selected the proper pairing, we have marked this also. Click on “SBNB/BTC” to go on.
Step 4 – Purchase (SBNB) sBNB As soon as you've found (SBNB) sBNB, you will be given a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). For now we're going to make our Limit Order. The ”Price” field will be automatically filled with the recent price (SBNB) sBNB was sold for. You can change this to your preferred price. The ”Amount” field is the quantity of SBNB you wish to buy. The ”Total” field is the total price in BTC that you'll settle for the complete quantity of SBNB. When you are glad, make a mouse click on “Buy SBNB”. Your order will be filled as soon as a Vender sells their SBNB for the price you offered.
Step 5 – Withdraw sBNB (SBNB) Unless you're frequently trading, never keep your crypto coins on an Cryptocurrency Exchange for an extended period of time. To take off your sBNB (SBNB), go to the ”Funds” tab and mouse click on “Withdraw”. sBNB (SBNB) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate sBNB (SBNB) by using the given drop-down box. Put into the quantity of sBNB (SBNB) you would wish to take off. Don't forget the shown minimus/fees. Also make sure you have entered your right withdraw address. If you're glad, make a mouse click on “Submit”. You could be asked for phone/email verification before a withdrawal.