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 Bitcoin or Ethereum to an Crypto Exchange

Your Bitcoin or Ethereum will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is similar. Serum (SRM) is obtainable on Binance, so we're going to use that as an sample. Unsure on how to send Coinbase funds to an Crypto Trader? (Just follow this how-to)

Make sure you have selected the exact coin you want to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an ETH deposit address, etc. In the case you're working with a decentralized exchange, like Airswap or DDEX could be divergent (Follow our manual).

Step 3 – Locate Serum (SRM)

As soon as your deposit has been affirmed, you will now have access to your funds and you can launch buying and trading. To buy Serum (SRM) on Binance, you'll want to go to the ”Exchange” tab and then click on “Basic”.

To spot Serum (SRM), you will need to put the shortname of the coin (SRM) into the search-box, which is highlighted in the graphic. Be certain of having choosen the correct pairing, we've highlighted this also. Click on “SRM/BTC” to go on.

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

As soon as you've found Serum (SRM), you will be given a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). Next we are going to make our own Limit Order.

The field with the “Price” tag will be filled automatically with the most latest price Serum (SRM) was sold for. You can change this to your favoured rate. The field with the “Amount” tag is the quantity of SRM you want to purchase. The field with the “Total” tag is the aggregated price in Bitcoin that you'll settle for the whole volumen of SRM.

When you are satisfied, make a mouse click on “Buy SRM”. Your order will be filled when a Seller sells their SRM for the price you gave.

Step 5 – Withdraw Serum (SRM)

Unless you're regularly trading, never keep your crypto coins on an Crypto Exchange for an longer time period. To withdraw your Serum (SRM), hover over the tab called “Funds” and mouse click on “Withdraw”. Serum (SRM) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find Serum (SRM) by using the provided drop-down box. Put into the amount of Serum (SRM) you'd wish to take off. Don't forget the shown minimus/fees. Also make sure you have entered your precise withdraw address.

If you are satisfied, click on “Submit”. You could be asked for verfication via email/phone ahead of a take off.

Binance Withdraw

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

That's it!

Withdrawals from Cryptocurrency Exchange can durate anywhere from 1 – 30 minutes (depending on usage of the network). As soon as you have proved your take off with Etherscan.io or Ethplorer.io and the (SRM) Serum is stored within your wallet, you are done.

Some other Guides on How to buy Coins

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