How to Buy Simulacrum (SCM)

A Step-by-Step-Guide on how to buy Simulacrum (SCM)

Step 1 – Signup to Kraken

In the beginning you'll need to purchase units of the top-tier coins. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Click below for registration and getting ETH (Ethereum) or BTC (Bitcoin).

Binance Signup
Step 2 – Send Your Ethereum or Bitcoin to an Crypto Trader

Your Ethereum or Bitcoin will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is identical. Simulacrum (SCM) is accessible on Binance, so we're going to use that as an illustration. 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 would like to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so forth. In the case you are using a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our manual).

Step 3 – Find Simulacrum (SCM)

Once your deposit has been confirmed, you'll directly have access to your funds and you can initiate purchasing and trading. To buy Simulacrum (SCM) on Binance, you'll want to hover over the ”Exchange” tab and after that click on “Basic”.

To find Simulacrum (SCM), you'll need to put the shortname of the coin (SCM) into the search box, which is highlighted in the graphic. Make sure you have choosen the correct pairing, we have highlighted this too. Click on “SCM/BTC” to progress.

Binance Hot To Buy Simulacrum (SCM)
Binance How to Buy (SCM) Simulacrum
Step 4 – Buying Simulacrum (SCM)

After you've spotted Simulacrum (SCM), you'll be given a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). And now we're making our own Limit Order.

The field with the “Price” tag will be filled automatically with the up-to-date price Simulacrum (SCM) was sold for. You can change this to your desired price. The ”Amount” field is the volumen of SCM you like to buy. The field with the “Total” tag is the whole price in Bitcoin that you will settle for the complete volumen of SCM.

When you're happy, make a mouse click on “Buy SCM”. Your plan will be filled as soon as a Vender sells their SCM for the price you offered.

Step 5 – Withdraw Simulacrum (SCM)

Unless you are regularly trading, never keep your crypto on an Exchange for an longer period of time. In order to take off your Simulacrum (SCM), go to the tab called “Funds” and mouse click on “Withdraw”. Simulacrum (SCM) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Simulacrum (SCM) by using the given drop-down box. Drop in the volumen of Simulacrum (SCM) you would like to take off. Take into account the presented fees/minimums. Also make sure you have entered your right withdraw address.

If you are happy, click “Submit”. You could be requested for verfication via email/phone ahead of a take off.

Binance Withdraw

Kudos! You have successfully bought and stored Simulacrum (SCM).

That's it!

Withdrawals from Cryptocurrency Exchange can durate anywhere from 1 – 30 minutes (rely on usage of the network). Once you have proved your withdrawal with Etherscan.io or Ethplorer.io and the (SCM) Simulacrum is safe within your wallet, you are all done.

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