How to Buy Smileycoin (SMLY)

Step 1 – Signup to Kraken

You will first need to buy one of the major currencies. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Click below for registration and getting Bitcoin (BTC) or Ethereum (ETH).

Step 2 – Send Your Ethereum or Bitcoin to an Cryptocurrency Exchange

Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. Smileycoin (SMLY) is obtainable on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Crypto Trader? (Follow this how-to)

Make sure you have chosen the precise coin you wish to deposit.

BTC must be sent to a BTC deposit address, ETH to an Ethereum deposit address, and so forth. In the case you're using a decentralized exchange, like Airswap or DDEX could be different (Just follow our how-to).

Step 3 – Find Smileycoin (SMLY)

As soon as your deposit has been approved, you'll instantly have access to your funds and you can launch buying and trading. To purchase Smileycoin (SMLY) on Binance, you'll want to go to the tab which is called “Exchange” and after that mouse click on “Basic”.

In order to discover Smileycoin (SMLY), you will need to put the cointype (SMLY) into the search-box, which is highlighted in the graphic. Make sure you have choosen the right grouping, we have marked this also. Click on “SMLY/BTC” to go on.

Step 4 – Acquisition of Smileycoin (SMLY)

After you've found Smileycoin (SMLY), you will be presented with a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). And now we are creating our own Limit Order.

The ”Price” field will be filled automatically with the most up-to-date rate Smileycoin (SMLY) was traded for. You can change this to your preferred price. The field with the “Amount” tag is the volumen of SMLY you like to purchase. The field with the “Total” tag is the total price in BTC that you'll pay for the whole volumen of SMLY.

If you're glad, click on “Buy SMLY”. Your plan will be filled as soon as a Vendor sells their SMLY for the price you gave.

Step 5 – Withdraw Smileycoin (SMLY)

Unless you are regularly trading, you should never keepyour coins on an Crypto Trader for an extensive period of time. To take off your Smileycoin (SMLY), hover over the ”Funds” tab and mouse click on “Withdraw”. Smileycoin (SMLY) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Smileycoin (SMLY) by using the given drop-down box. Put into the quantity of Smileycoin (SMLY) you'd like to withdraw. Don't forget the presented fees/minimums. Also make sure you have filled your correct withdraw address.

If you are glad, make a mouse click on “Submit”. You could be asked for email/phone verification before a take off.