A Step-by-Step-Guide on how to buy SimpleChain (SIPC)
Step 1 – Join Coinbase and recieve 10$ for free You'll first need to buy units of the major currencies. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Click below for registration and getting your welcome 10$.
Step 2 – Transfer Your Ethereum or Bitcoin to an Crypto Exchange Your Bitcoin or Ethereum will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is similar. SimpleChain (SIPC) is obtainable on Binance, so we're going to use that as an illustration. Not sure on how to send Coinbase funds to an Crypto Exchange? (Just follow this how-to) Make sure you've chosen the exact coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, et cetera. In the case you are using a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our how-to).
Step 3 – Locate SimpleChain (SIPC) As soon as your deposit has been confirmed, you'll immediately have access to your assets and you can commence invest and trading. To purchase SimpleChain (SIPC) on Binance, you'll want to hover over the tab which is called “Exchange” and click on “Basic”. In order to find SimpleChain (SIPC), you'll need to insert the cointype (SIPC) into the search-box, which is marked in the image. Make sure you have selected the right grouping, we've marked this too. Click on “SIPC/BTC” to continue.
Step 4 – Purchasing (SIPC) SimpleChain As soon as you have spotted (SIPC) SimpleChain, you will be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). And now we're creating our Limit Order. The ”Price” field will be filled with the up-to-date rate (SIPC) SimpleChain was traded for. This can be changed to your preferred rate. The ”Amount” field is the amount of SIPC you wish to buy. The field with the “Total” tag is the whole price in Bitcoin that you will pay for the whole amount of SIPC. When you are happy, click on “Buy SIPC”. Your plan will be filled when a Vendor sells their SIPC for the price you offered.
Step 5 – Withdraw SimpleChain (SIPC) Unless you are frequently trading, best advise is not to keep crypto on an Exchange for an extended time period. To withdraw your SimpleChain (SIPC), hover over the ”Funds” tab and click on “Withdraw”. SimpleChain (SIPC) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate SimpleChain (SIPC) by using the provided drop-down box. Enter the volumen of SimpleChain (SIPC) you would like to withdraw. Don't forget the displayed minimus/fees. Also make sure you have entered your correct withdraw address. If you are glad, make a mouse click on “Submit”. You may be asked for verfication via email/phone ahead of a withdrawal.