How to Buy Slimcoin (SLM)

A Step-by-Step-Guide on how to buy Slimcoin (SLM)

Step 1 – Signup to CEX.io

You will first need to purchase units of the major currencies. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Follow the Link below for registration and receive Funds.

Binance Signup
Step 2 – Send Your Bitcoin (BTC) or Ethereum (ETH) 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 alike. Slimcoin (SLM) is obtainable on Binance, so we will use that as an illustration. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this how-to)

Make sure you have selected the correct coin you wish to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etcetera. If you're using a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our how-to).

Step 3 – Find Slimcoin (SLM)

Once your deposit has been verified, you will instantly have access to your finances and you can launch buying and trading. To buy Slimcoin (SLM) on Binance, you will want to go to the tab which is called “Exchange” and after that mouse click on “Basic”.

In order to locate Slimcoin (SLM), you will need to put the cointype (SLM) into the search box, which is marked in the graphic. Make sure you have selected the right grouping, we have marked this too. Click on “SLM/BTC” to go on.

Binance Hot To Buy Slimcoin (SLM)
Binance How to Buy (SLM) Slimcoin
Step 4 – Buying Slimcoin (SLM)

After you've found Slimcoin (SLM), you'll be given a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). And now we are making our Limit Order.

The ”Price” field will be automatically filled with the most up-to-date rate Slimcoin (SLM) was sold for. This can be changed to your favoured rate. The field with the “Amount” tag is the quantity of SLM you want to buy. The ”Total” field is the whole price in BTC that you'll pay for the whole quantity of SLM.

When you're glad, make a mouse click on “Buy SLM”. Your plan will be filled when a Vendor trades their SLM for the price you gave.

Step 5 – Withdraw Slimcoin (SLM)

Unless you are trading, best advise is not to keep your crypto on an Crypto Trader for an extensive time frame. In order to take off your Slimcoin (SLM), hover over the ”Funds” tab and click on “Withdraw”. Slimcoin (SLM) can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Slimcoin (SLM) by using the provided drop-down box. Drop in the amount of Slimcoin (SLM) you would like to take off. Take into account the demonstrated fees/minimums. Also make sure you have filled your right withdraw address.

If you are glad, click “Submit”. You may be requested for phone/email verification ahead of a take off.

Binance Withdraw

Kudos! You have successfully purchased and stored Slimcoin (SLM).

That's it!

Withdrawals from Exchange can durate anywhere from 1 – 30 minutes (rely on network usage). As soon as you have confirmed your take off with Etherscan.io or Ethplorer.io and the Slimcoin (SLM) is stored in your wallet, you're done.