A Step-by-Step-Guide on how to buy sETH (SETH)
Step 1 – Join CEX.io You will first need to purchase one of the top-tier coins. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Click the button below for registration and to get Ethereum or Bitcoin.
Step 2 – Send Your Ethereum (ETH) or Bitcoin (BTC) to an Exchange Your Bitcoin or Ethereum has to be sent over to an Exchange now. Every exchange has a deposit form that is identical. sETH (SETH) is accessible on Binance, so we're going to use that as an illustration. Unsure on how to send Coinbase funds to an Exchange? (Just follow these easy steps) Make sure you have selected the exact coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so on. In the case you're using a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our how-to).
Step 3 – Locate (SETH) sETH Once your deposit has been confirmed, you will instantly have access to your funds and you can begin buying and trading. To buy (SETH) sETH on Binance, you will want to go to the tab which is called “Exchange” and after that mouse click on “Basic”. To discover (SETH) sETH, you will need to put the short name of the asset (SETH) into the search-box, which is marked in the graphic. Make sure you have choosen the proper pairing, we have marked this too. Click on “SETH/BTC” to proceed.
Step 4 – Purchase sETH (SETH) After you've found sETH (SETH), you'll be given a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). And now we're going to make our own Limit Order. The ”Price” field will be automatically filled with the most recent price sETH (SETH) was traded for. This can be changed to your favoured rate. The ”Amount” field is the amount of SETH you like to purchase. The field with the “Total” tag is the aggregated price in BTC that you'll pay for the whole amount of SETH. When you are happy, make a mouse click on “Buy SETH”. Your order will be filled as soon as a Seller trades their SETH for the price you introduced.
Step 5 – Withdraw sETH (SETH) Unless you are regularly trading, best advise is not to keep coins on an Cryptocurrency Exchange for an extended period of time. In order to take off your sETH (SETH), go to the tab called “Funds” and mouse click on “Withdraw”. sETH (SETH) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find sETH (SETH) by using the provided drop-down box. Enter the amount of sETH (SETH) you'd like to take off. Take into account the presented fees/minimums. Also make sure you have filled your right withdraw address. When you are happy, make a mouse click on “Submit”. You may be requested for verfication via email/phone ahead of a withdrawal.