How to Buy sDEFI (SDEFI)

A Step-by-Step-Guide on how to buy sDEFI (SDEFI)

Step 1 – Signup to Kraken

In the beginning you'll need to buy one of the bigger coins. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Click below to register and getting Ethereum or Bitcoin.

Binance Signup
Step 2 – Transfer Your Funds to an Crypto Exchange

Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. sDEFI (SDEFI) is accessible on Binance, so we're going to use that as an illustration. Not sure on how to send Coinbase funds to an Crypto Exchange? (Follow this guide)

Make sure you've chosen the precise coin you wish to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etcetera. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow these easy steps).

Step 3 – Locate sDEFI (SDEFI)

Once your deposit has been verified, you will immediately have access to your finances and you can start buying and trading. To buy sDEFI (SDEFI) on Binance, you'll want to hover over the tab which is called “Exchange” and after that mouse click on “Basic”.

In order to discover sDEFI (SDEFI), you will need to put the shortname of the coin (SDEFI) into the search box, which is highlighted in the picture. Make sure you have choosen the correct pairing, we have marked this also. Click on “SDEFI/BTC” to go on.

Binance Hot To Buy sDEFI (SDEFI)
Binance How to Buy (SDEFI) sDEFI
Step 4 – Purchase sDEFI (SDEFI)

After you've discovered sDEFI (SDEFI), you will be given a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). And now we're going to create our own Limit Order.

The ”Price” field will be automatically filled with the most latest valuation sDEFI (SDEFI) was sold for. You can change this to your desired price. The ”Amount” field is the amount of SDEFI you want to purchase. The field with the “Total” tag is the total price in Bitcoin that you'll pay for the complete volumen of SDEFI.

When you are happy, click on “Buy SDEFI”. Your order will be filled as soon as a Seller trades their SDEFI for the price you introduced.

Step 5 – Withdraw sDEFI (SDEFI)

Unless you are regularly trading, you should never keepyour crypto coins on an Crypto Exchange for an extended time period. In order to withdraw your sDEFI (SDEFI), go to the ”Funds” tab and mouse click on “Withdraw”. sDEFI (SDEFI) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find sDEFI (SDEFI) by using the provided drop-down box. Enter the amount of sDEFI (SDEFI) you'd wish to take off. Take into account the demonstrated fees/minimums. Also make sure you have entered your precise withdraw address.

When you're glad, click on “Submit”. You could be requested for verfication via phone/email before a take off.

Binance Withdraw

Congrats! You have successfully bought and stored sDEFI (SDEFI).

That's it!

Withdrawals from Exchange can take between 1 – 30 minutes (rely on usage of the network). Once you've confirmed your take off with Etherscan.io or Ethplorer.io and the (SDEFI) sDEFI is safe inside your wallet, you're finished.

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