A Step-by-Step-Guide on how to buy Secured Gold Coin (SGC)
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 to register and getting Funds.
Step 2 – Transfer Your Ethereum or Bitcoin to an Crypto Exchange Your Bitcoin or Ethereum will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is identical. Secured Gold Coin (SGC) is obtainable on Binance, so we're going to use that as an example. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this manual) Make sure you have chosen the exact coin you would like to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, etc. In the case you are using a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our guide).
Step 3 – Locate Secured Gold Coin (SGC) Once your deposit has been affirmed, you'll now have access to your finances and you can launch buying and trading. To buy Secured Gold Coin (SGC) on Binance, you will want to go to the ”Exchange” tab and after that mouse click on “Basic”. In order to spot Secured Gold Coin (SGC), you'll need to insert the cointype (SGC) into the search box, which is highlighted in the image. Make sure you have selected the right pairing, we have highlighted this also. Click on “SGC/BTC” to go ahead.
Step 4 – Purchasing Secured Gold Coin (SGC) Once you have located Secured Gold Coin (SGC), you will be presented with a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). For now we're making our own Limit Order. The ”Price” field will be automatically filled with the most recent tariff Secured Gold Coin (SGC) was sold for. This can be changed to your desired price. The ”Amount” field is the amount of SGC you wish to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you will settle for the complete volumen of SGC. If you are glad, click on “Buy SGC”. Your order will be filled when a Vendor sells their SGC for the price you offered.
Step 5 – Withdraw Secured Gold Coin (SGC) Unless you are regularly trading, best advise is not to keep crypto on an Exchange for an extended period of time. In order to take off your Secured Gold Coin (SGC), hover over the ”Funds” tab and mouse click on “Withdraw”. Secured Gold Coin (SGC) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Secured Gold Coin (SGC) by using the provided drop-down box. Drop in the volumen of Secured Gold Coin (SGC) you'd wish to take off. Take into account the shown fees/minimums. Also make sure you have entered your correct withdraw address. If you're satisfied, click “Submit”. You could be asked for phone/email verification ahead of a withdrawal.