A Step-by-Step-Guide on how to buy SimplexChain (SXC)
Step 1 – Signup to Kraken You'll first need to buy units of the top-tier coins. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Follow the Link below to register and receive Bitcoin or Ethereum.
Step 2 – Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Trader Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is identical. SimplexChain (SXC) is accessible on Binance, so we will use that as an sample. Not sure on how to send funds from Coinbase to an Crypto Trader? (Just follow this guide) Make sure you have chosen the correct coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etcetera. In the case you're working with a decentralized exchange, like Airswap or DDEX could be different (Just follow our how-to).
Step 3 – Find SimplexChain (SXC) As soon as your deposit has been affirmed, you'll instantly have access to your assets and you can commence invest and trading. To buy SimplexChain (SXC) on Binance, you'll want to go to the tab which is called “Exchange” and after that mouse click on “Basic”. In order to spot SimplexChain (SXC), you'll need to insert the shortname of the coin (SXC) into the search box, which is highlighted in the image. Be certain of having selected the right grouping, we've highlighted this too. Click on “SXC/BTC” to go ahead.
Step 4 – Acquisition of SimplexChain (SXC) After you've discovered SimplexChain (SXC), you'll be presented with a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). And now we're creating our Limit Order. The ”Price” field will be filled automatically with the up-to-date valuation SimplexChain (SXC) was sold for. This can be changed to your preferred rate. The field with the “Amount” tag is the volumen of SXC you wish to buy. The ”Total” field is the total price in BTC that you will settle for the complete volumen of SXC. If you're satisfied, make a mouse click on “Buy SXC”. Your plan will be filled as soon as a Seller trades their SXC for the price you introduced.
Step 5 – Withdraw SimplexChain (SXC) Unless you're frequently trading, best advise is not to keep your crypto coins on an Exchange for an extensive time period. In order to take off your SimplexChain (SXC), go to the tab called “Funds” and click on “Withdraw”. SimplexChain (SXC) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate SimplexChain (SXC) by using the provided drop-down box. Drop in the volumen of SimplexChain (SXC) you would wish to take off. Take into account the presented fees/minimums. Also make sure you have entered your correct withdraw address. If you're satisfied, click on “Submit”. You could be requested for verfication via phone/email before a take off.