A Step-by-Step-Guide on how to buy Slimcoin (SLM)
Step 1 – Join Coinbase and recieve 10$ for free In the beginning you'll need to buy units of the major coins. Exchanges normally accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Follow the Link below for registration and to get your first $10.
Step 2 – Send Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is alike. Slimcoin (SLM) is accessible on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Crypto Exchange? (Follow this manual) Make sure you have selected the exact coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, et cetera. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be different (Follow our manual).
Step 3 – Locate Slimcoin (SLM) As soon as your deposit has been confirmed, you'll now have access to your assets and you can begin buying and trading. To invest in Slimcoin (SLM) on Binance, you'll want to go to the ”Exchange” tab and then click on “Basic”. To locate Slimcoin (SLM), you'll need to put the shortname of the coin (SLM) into the search-box, which is highlighted in the picture. Be certain of having choosen the right pairing, we've highlighted this also. Click on “SLM/BTC” to progress.
Step 4 – Buy (SLM) Slimcoin Once you have discovered (SLM) Slimcoin, you'll be given a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). For now we are going to create our own Limit Order. The field with the “Price” tag will be filled automatically with the up-to-date rate (SLM) Slimcoin was sold for. You can change this to your preferred rate. The field with the “Amount” tag is the quantity of SLM you wish to purchase. The field with the “Total” tag is the whole price in Bitcoin that you will pay for the complete quantity of SLM. When you are glad, click on “Buy SLM”. Your order will be filled when a Seller sells their SLM for the price you submitted.
Step 5 – Withdraw Slimcoin (SLM) Unless you're frequently trading, never keep your crypto on an Cryptocurrency Exchange for an extensive period of time. To withdraw your Slimcoin (SLM), hover over the ”Funds” tab and click on “Withdraw”. Slimcoin (SLM) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Slimcoin (SLM) by using the provided drop-down box. Drop in the volumen of Slimcoin (SLM) you would wish to withdraw. Take into account the displayed minimus/fees. Also make sure you have filled your precise withdraw address. If you're happy, click “Submit”. You could be asked for phone/email verification ahead of a withdrawal.