A Step-by-Step-Guide on how to buy Simmitri (SIM)
Step 1 – Join CEX.io 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 Altcoins. Click below for registration and to get ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Send Your Ethereum or Bitcoin to an Exchange Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Exchange now. All exchanges have a deposit form that is alike. Simmitri (SIM) is available on Binance, so we will use that as an example. Unsure on how to send funds from Coinbase to an Exchange? (Just follow this how-to) Make sure you've selected the right coin you would like to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so on. If you are working with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow these easy steps).
Step 3 – Find Simmitri (SIM) Once your deposit has been confirmed, you'll immediately have access to your assets and you can initiate buying and trading. To buy Simmitri (SIM) on Binance, you'll want to hover over the tab which is called “Exchange” and after that click on “Basic”. To spot Simmitri (SIM), you'll need to put the cointype (SIM) into the search box, which is marked in the image. Make sure you have choosen the right grouping, we have marked this too. Click on “SIM/BTC” to proceed.
Step 4 – Purchasing Simmitri (SIM) After you've discovered Simmitri (SIM), you will be given a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). Next we are making our Limit Order. The field with the “Price” tag will be automatically filled with the most latest price Simmitri (SIM) was traded for. This can be changed to your preferred price. The field with the “Amount” tag is the amount of SIM you want to purchase. The field with the “Total” tag is the aggregated price in BTC that you'll settle for the whole amount of SIM. When you are glad, click on “Buy SIM”. Your plan will be filled when a Vendor trades their SIM for the price you introduced.
Step 5 – Withdraw Simmitri (SIM) Unless you're regularly trading, best advise is not to keep crypto on an Exchange for an longer time frame. In order to withdraw your Simmitri (SIM), go to the ”Funds” tab and mouse click on “Withdraw”. Simmitri (SIM) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Simmitri (SIM) by using the provided drop-down box. Put into the volumen of Simmitri (SIM) you would like to withdraw. Don't forget the shown minimus/fees. Also make sure you have filled your right withdraw address. When you're glad, click on “Submit”. You may be asked for email/phone verification before a take off.