A Step-by-Step-Guide on how to buy SDUSD (SDUSD)
Step 1 – Join Kraken You will first need to buy one of the major coins. Exchanges normally accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Follow the Link below for registration and to get BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Cryptocurrency Exchange Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. SDUSD (SDUSD) is accessible on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this manual) Make sure you have chosen the right coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, et cetera. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Follow our how-to).
Step 3 – Locate SDUSD (SDUSD) Once your deposit has been approved, you'll immediately have access to your funds and you can begin invest and trading. To buy SDUSD (SDUSD) on Binance, you'll want to hover over the tab which is called “Exchange” and then mouse click on “Basic”. To discover SDUSD (SDUSD), you'll need to put the cointype (SDUSD) into the search box, which is marked in the image. Make sure you have selected the proper grouping, we have marked this also. Click on “SDUSD/BTC” to go on.
Step 4 – Purchase SDUSD (SDUSD) As soon as you have discovered SDUSD (SDUSD), you will be given a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). For now we are going to make our own Limit Order. The field with the “Price” tag will be filled automatically with the most recent price SDUSD (SDUSD) was traded for. You can change this to your favoured rate. The ”Amount” field is the volumen of SDUSD you like to buy. The field with the “Total” tag is the total price in Bitcoin that you will settle for the whole volumen of SDUSD. When you're happy, click on “Buy SDUSD”. Your plan will be filled as soon as a Vender sells their SDUSD for the price you submitted.
Step 5 – Withdraw SDUSD (SDUSD) Unless you're regularly trading, never keep your crypto coins on an Cryptocurrency Exchange for an extensive period of time. To withdraw your SDUSD (SDUSD), go to the ”Funds” tab and click on “Withdraw”. SDUSD (SDUSD) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find SDUSD (SDUSD) by using the given drop-down box. Put into the volumen of SDUSD (SDUSD) you would like to withdraw. Take into account the presented minimus/fees. Also make sure you have entered your correct withdraw address. If you're happy, click “Submit”. You could be asked for phone/email verification before a take off.