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 Crypto Trader

Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is alike. Serum (SRM) is available on Binance, so we will use that as an example. Unsure on how to send Coinbase funds to an Crypto Trader? (Just follow these easy steps)

Make sure you have chosen the correct coin you wish to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an ETH deposit address, and so on. If you're working with a decentralized exchange, like Airswap or DDEX could be unlike (Follow these easy steps).

Step 3 – Find Serum (SRM)

Once your deposit has been verified, you will now have access to your finances and you can launch purchasing and trading. To purchase Serum (SRM) on Binance, you'll want to go to the ”Exchange” tab and after that mouse click on “Basic”.

To find Serum (SRM), you will need to put the shortname of the coin (SRM) into the search-box, which is marked in the image. Make sure you have choosen the right pairing, we have marked this too. Click on “SRM/BTC” to go ahead.

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

As soon as you have spotted Serum (SRM), you will be presented with a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the image). For now we are creating our own Limit Order.

The field with the “Price” tag will be filled with the most recent valuation Serum (SRM) was traded for. You can change this to your desired price. The field with the “Amount” tag is the quantity of SRM you wish to buy. The ”Total” field is the total price in Bitcoin that you will pay for the whole amount of SRM.

If you're satisfied, make a mouse click on “Buy SRM”. Your plan will be filled as soon as a Vender trades their SRM for the price you gave.

Step 5 – Withdraw Serum (SRM)

Unless you are frequently trading, best advise is not to keep crypto coins on an Crypto Trader for an longer time frame. In order to take off your Serum (SRM), hover over the tab called “Funds” and mouse click on “Withdraw”. Serum (SRM) can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find Serum (SRM) by using the provided drop-down box. Put into the quantity of Serum (SRM) you'd wish to withdraw. Take into account the displayed minimus/fees. Also make sure you have entered your right withdraw address.

If you're satisfied, click “Submit”. You may be asked for verfication via email/phone ahead of a take off.

Binance Withdraw

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

That's it!

Take offs from Exchange can take anywhere from 1 – 30 minutes (depending on network usage). Once you've proved your take off using Ethplorer.io or Etherscan.io and the (SRM) Serum is safe in your wallet, you're all done.

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