A Step-by-Step-Guide on how to buy SIBCoin (SIB)
Step 1 – Signup to CEX.io You will first need to buy units of the bigger coins. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Follow the Link below to register and to get Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Send Your Ethereum (ETH) or Bitcoin (BTC) to an Cryptocurrency Exchange Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. SIBCoin (SIB) is obtainable on Binance, so we will use that as an illustration. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this how-to) Make sure you've chosen the correct coin you would like to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so forth. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be different (Just follow these easy steps).
Step 3 – Find (SIB) SIBCoin As soon as your deposit has been affirmed, you will now have access to your funds and you can commence purchasing and trading. To buy (SIB) SIBCoin on Binance, you will want to go to the ”Exchange” tab and mouse click on “Basic”. In order to spot (SIB) SIBCoin, you will need to insert the shortname of the coin (SIB) into the search-box, which is marked in the graphic. Make sure you have choosen the proper grouping, we've marked this also. Click on “SIB/BTC” to go on.
Step 4 – Purchase SIBCoin (SIB) After you've discovered SIBCoin (SIB), you'll be presented with a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). And now we are going to make our Limit Order. The field with the “Price” tag will be filled automatically with the latest price SIBCoin (SIB) was sold for. This can be changed to your favoured price. The ”Amount” field is the volumen of SIB you wish to buy. The ”Total” field is the total price in BTC that you'll pay for the complete volumen of SIB. If you're happy, make a mouse click on “Buy SIB”. Your plan will be filled as soon as a Vendor sells their SIB for the price you gave.
Step 5 – Withdraw (SIB) SIBCoin Unless you are trading, you should never keepyour crypto on an Crypto Trader for an extensive time frame. To withdraw your (SIB) SIBCoin, go to the ”Funds” tab and click on “Withdraw”. (SIB) SIBCoin can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate (SIB) SIBCoin by using the given drop-down box. Enter the amount of (SIB) SIBCoin you would wish to withdraw. Take into account the displayed fees/minimums. Also make sure you have filled your precise withdraw address. If you are happy, make a mouse click on “Submit”. You may be asked for verfication via email/phone ahead of a take off.