A Step-by-Step-Guide on how to buy sETH (SETH)
Step 1 – Join Coinbase and get 10$ for free In the beginning you'll need to buy units of the major coins. Exchanges commonly accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Click the button below for registration and getting your welcome 10$.
Step 2 – Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Exchange Your Ethereum or Bitcoin will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is similar. sETH (SETH) is accessible on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this guide) Make sure you've chosen the precise coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etcetera. In the case you are using a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow these easy steps).
Step 3 – Find sETH (SETH) As soon as your deposit has been confirmed, you will now have access to your funds and you can start purchasing and trading. To purchase sETH (SETH) on Binance, you will want to go to the ”Exchange” tab and then mouse click on “Basic”. To discover sETH (SETH), you will need to insert the cointype (SETH) into the search-box, which is marked in the image. Be certain of having selected the correct pairing, we've marked this also. Click on “SETH/BTC” to proceed.
Step 4 – Purchase sETH (SETH) Once you have located sETH (SETH), you will be given a Price Chart (in the Center of the picture) and some Order Books (on the Left of the picture). And now we're creating our Limit Order. The ”Price” field will be filled with the recent valuation sETH (SETH) was traded for. You can change this to your favoured price. The ”Amount” field is the amount of SETH you like to buy. The field with the “Total” tag is the whole price in BTC that you'll settle for the complete amount of SETH. If you are satisfied, click on “Buy SETH”. Your order will be filled when a Vendor trades their SETH for the price you gave.
Step 5 – Withdraw (SETH) sETH Unless you are frequently trading, best advise is not to keep crypto coins on an Exchange for an extensive period of time. To withdraw your (SETH) sETH, hover over the ”Funds” tab and mouse click on “Withdraw”. (SETH) sETH can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate (SETH) sETH by using the provided drop-down box. Enter the quantity of (SETH) sETH you'd wish to withdraw. Take into account the demonstrated fees/minimums. Also make sure you have filled your right withdraw address. When you are glad, make a mouse click on “Submit”. You may be requested for verfication via phone/email ahead of a withdrawal.