A Step-by-Step-Guide on how to buy Slimcoin (SLM)
Step 1 – Join Kraken You will first need to buy units of the bigger coins. Exchanges normally accept either Ethereum or Bitcoin in exchange for Altcoins. Click below to register and getting Funds.
Step 2 – Transmit Your Bitcoin or Ethereum to an Cryptocurrency Exchange Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. Slimcoin (SLM) is accessible on Binance, so we're going to use that as an example. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this how-to) Make sure you have selected the precise coin you want to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etc. If you are using a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our manual).
Step 3 – Locate Slimcoin (SLM) Once your deposit has been verified, you'll directly have access to your assets and you can begin purchasing and trading. To invest in Slimcoin (SLM) on Binance, you'll want to hover over the tab which is called “Exchange” and then click on “Basic”. To discover Slimcoin (SLM), you'll need to insert the shortname of the coin (SLM) into the search-box, which is highlighted in the image. Be certain of having choosen the right grouping, we have highlighted this too. Click on “SLM/BTC” to proceed.
Step 4 – Buy Slimcoin (SLM) Once you have located Slimcoin (SLM), you will be given a Price Chart (in the Center of the image) and some Order Books (on the Left of the image). Next we are going to make our Limit Order. The field with the “Price” tag will be filled automatically with the most up-to-date rate Slimcoin (SLM) was traded for. You can change this to your preferred price. The ”Amount” field is the quantity of SLM you wish to purchase. The ”Total” field is the total price in BTC that you will pay for the complete quantity of SLM. When you are satisfied, make a mouse click on “Buy SLM”. Your plan will be filled as soon as a Vender trades their SLM for the price you submitted.
Step 5 – Withdraw Slimcoin (SLM) Unless you're regularly trading, you should never keepyour crypto on an Crypto Trader for an extended period of time. To withdraw your Slimcoin (SLM), hover over the ”Funds” tab and mouse click on “Withdraw”. Slimcoin (SLM) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Slimcoin (SLM) by using the provided drop-down box. Enter the volumen of Slimcoin (SLM) you'd wish to withdraw. Take into account the shown fees/minimums. Also make sure you have entered your right withdraw address. When you're glad, click on “Submit”. You may be requested for verfication via phone/email before a withdrawal.