How to Buy Serum (SRM)

A Step-by-Step-Guide on how to buy Serum (SRM)

Step 1 – Signup to Kraken

In the beginning you'll need to purchase units of the top-tier coins. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Click below for registration and receive BTC (Bitcoin) or ETH (Ethereum).

Binance Signup
Step 2 – Send Your Ethereum or Bitcoin to an Cryptocurrency Exchange

Your Ethereum or Bitcoin has to be sent over to an Exchange now. All exchanges have a deposit form that is alike. Serum (SRM) is obtainable on Binance, so we're going to use that as an sample. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this manual)

Make sure you've selected the right coin you would like to deposit.

BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, et cetera. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be different (Follow our guide).

Step 3 – Locate Serum (SRM)

As soon as your deposit has been confirmed, you will directly have access to your finances and you can start invest and trading. To purchase Serum (SRM) on Binance, you will want to hover over the ”Exchange” tab and then mouse click on “Basic”.

To locate Serum (SRM), you will need to put the short name of the asset (SRM) into the search box, which is marked in the picture. Be certain of having choosen the proper grouping, we have marked this too. Click on “SRM/BTC” to continue.

Binance Hot To Buy Serum (SRM)
Binance How to Buy (SRM) Serum
Step 4 – Purchase Serum (SRM)

As soon as you have found Serum (SRM), you will be given a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the image). Next we're going to create our own Limit Order.

The field with the “Price” tag will be filled with the most recent valuation Serum (SRM) was sold for. You can change this to your preferred rate. The ”Amount” field is the quantity of SRM you want to buy. The ”Total” field is the aggregated price in Bitcoin that you will pay for the whole volumen of SRM.

When you're satisfied, make a mouse click on “Buy SRM”. Your plan will be filled as soon as a Seller sells their SRM for the price you offered.

Step 5 – Withdraw Serum (SRM)

Unless you're regularly trading, best advise is not to keep your coins on an Crypto Trader for an extensive period of time. To take off your Serum (SRM), hover over the ”Funds” tab and mouse click on “Withdraw”. Serum (SRM) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Serum (SRM) by using the provided drop-down box. Drop in the volumen of Serum (SRM) you'd wish to withdraw. Don't forget the shown fees/minimums. Also make sure you have filled your precise withdraw address.

When you are glad, make a mouse click on “Submit”. You may be asked for verfication via email/phone before a withdrawal.

Binance Withdraw

Congratulations! You've successfully bought and safed Serum (SRM).

That's it!

Take offs from Cryptocurrency Exchange can durate between 1 – 30 minutes (depending on usage of the network). Once you've proved your take off using Ethplorer.io or Etherscan.io and the (SRM) Serum is stored within your wallet, you are finished.

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