A Step-by-Step-Guide on how to buy Smartcoin (SMC)
Step 1 – Join CEX.io You will first need to purchase one of the major currencies. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Follow the Link below for registration and receive BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Transmit Your Funds to an Exchange Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Exchange now. Every exchange has a deposit form that is alike. Smartcoin (SMC) is accessible on Binance, so we're going to use that as an example. Unsure on how to send Coinbase funds to an Exchange? (Follow this guide) Make sure you've chosen the exact coin you want to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so forth. In the case you are working with a decentralized exchange, like Airswap or DDEX could be different (Follow our how-to).
Step 3 – Locate Smartcoin (SMC) Once your deposit has been approved, you'll directly have access to your assets and you can begin buying and trading. To invest in Smartcoin (SMC) on Binance, you'll want to go to the tab which is called “Exchange” and after that click on “Basic”. In order to spot Smartcoin (SMC), you'll need to insert the shortname of the coin (SMC) into the search-box, which is highlighted in the graphic. Make sure you have choosen the proper grouping, we've highlighted this too. Click on “SMC/BTC” to progress.
Step 4 – Purchasing (SMC) Smartcoin After you've found (SMC) Smartcoin, you will be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the picture). And now we are going to create our own Limit Order. The field with the “Price” tag will be filled with the latest valuation (SMC) Smartcoin was traded for. You can change this to your favoured price. The field with the “Amount” tag is the amount of SMC you wish to purchase. The field with the “Total” tag is the aggregated price in BTC that you will pay for the whole amount of SMC. When you are happy, make a mouse click on “Buy SMC”. Your plan will be filled as soon as a Vendor sells their SMC for the price you gave.
Step 5 – Withdraw Smartcoin (SMC) Unless you are regularly trading, best advise is not to keep your coins on an Crypto Trader for an longer time period. To take off your Smartcoin (SMC), hover over the tab called “Funds” and mouse click on “Withdraw”. Smartcoin (SMC) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Smartcoin (SMC) by using the given drop-down box. Drop in the amount of Smartcoin (SMC) you'd like to take off. Take into account the demonstrated fees/minimums. Also make sure you have filled your precise withdraw address. When you are glad, make a mouse click on “Submit”. You may be asked for phone/email verification ahead of a withdrawal.