How to Buy Sierracoin (SIERRA)

Step 1 – Signup to Kraken

You will first need to purchase one of the top-tier coins. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Follow the Link below to register and to get Bitcoin or Ethereum.

Step 2 – Transmit Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Trader

Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is similar. Sierracoin (SIERRA) is accessible on Binance, so we're going to use that as an illustration. Unsure on how to send funds from Coinbase to an Exchange? (Follow these easy steps)

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

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

Step 3 – Find Sierracoin (SIERRA)

Once your deposit has been affirmed, you'll immediately have access to your assets and you can begin purchasing and trading. To invest in Sierracoin (SIERRA) on Binance, you'll want to hover over the tab which is called “Exchange” and after that mouse click on “Basic”.

In order to locate Sierracoin (SIERRA), you will need to put the shortname of the coin (SIERRA) into the search-box, which is marked in the graphic. Be certain of having choosen the proper grouping, we've marked this also. Click on “SIERRA/BTC” to proceed.

Step 4 – Acquisition of Sierracoin (SIERRA)

Once you have found Sierracoin (SIERRA), you'll be given a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the image). And now we're going to make our own Limit Order.

The field with the “Price” tag will be filled with the most recent price Sierracoin (SIERRA) was sold for. You can change this to your desired rate. The ”Amount” field is the volumen of SIERRA you wish to purchase. The field with the “Total” tag is the whole price in BTC that you'll pay for the complete volumen of SIERRA.

When you're happy, click on “Buy SIERRA”. Your plan will be filled when a Vendor sells their SIERRA for the price you gave.

Step 5 – Withdraw Sierracoin (SIERRA)

Unless you are frequently trading, you should never keepyour crypto coins on an Crypto Exchange for an longer time frame. To withdraw your Sierracoin (SIERRA), go to the ”Funds” tab and mouse click on “Withdraw”. Sierracoin (SIERRA) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Sierracoin (SIERRA) by using the given drop-down box. Put into the amount of Sierracoin (SIERRA) you'd like to take off. Don't forget the demonstrated minimus/fees. Also make sure you have entered your precise withdraw address.

If you're happy, click “Submit”. You could be asked for phone/email verification ahead of a withdrawal.