A Step-by-Step-Guide on how to buy SimplexChain (SXC)
Step 1 – Join CEX.io You will first need to purchase one of the top-tier currencies. Exchanges usually accept either Bitcoin or Ethereum in exchange for Altcoins. Click the button below for registration and getting ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Send Your Funds to an Crypto Exchange Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is alike. SimplexChain (SXC) is available on Binance, so we will use that as an example. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this manual) Make sure you have selected the exact coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etcetera. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow these easy steps).
Step 3 – Locate SimplexChain (SXC) Once your deposit has been verified, you'll immediately have access to your funds and you can start buying and trading. To invest in SimplexChain (SXC) on Binance, you'll want to hover over the ”Exchange” tab and then click on “Basic”. To locate SimplexChain (SXC), you'll need to put the shortname of the coin (SXC) into the search box, which is marked in the picture. Make sure you have selected the correct grouping, we've marked this too. Click on “SXC/BTC” to progress.
Step 4 – Acquisition of SimplexChain (SXC) Once you've spotted SimplexChain (SXC), you'll be presented with a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). For now we are going to create our own Limit Order. The ”Price” field will be filled automatically with the most recent price SimplexChain (SXC) was traded for. You can change this to your favoured price. The ”Amount” field is the quantity of SXC you like to purchase. The field with the “Total” tag is the aggregated price in Bitcoin that you'll pay for the whole quantity of SXC. If you are 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 gave.
Step 5 – Withdraw (SXC) SimplexChain Unless you are trading, best advise is not to keep your crypto coins on an Crypto Trader for an extensive period of time. In order to withdraw your (SXC) SimplexChain, go to the ”Funds” tab and click on “Withdraw”. (SXC) SimplexChain can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate (SXC) SimplexChain by using the provided drop-down box. Drop in the volumen of (SXC) SimplexChain you would wish to withdraw. Don't forget the displayed minimus/fees. Also make sure you have filled your correct withdraw address. When you are glad, click “Submit”. You could be asked for phone/email verification before a withdrawal.