A Step-by-Step-Guide on how to buy smol (SMOL)
Step 1 – Signup to CEX.io You'll first need to purchase units of the major currencies. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Click the button below to register and getting Funds.
Step 2 – Transfer Your Bitcoin or Ethereum to an Crypto Exchange Your Bitcoin or Ethereum has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is alike. smol (SMOL) is available on Binance, so we're going to use that as an sample. Not sure on how to send funds from Coinbase to an Crypto 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, and so forth. In the case you are using a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our how-to).
Step 3 – Find smol (SMOL) As soon as your deposit has been approved, you will instantly have access to your funds and you can launch buying and trading. To buy smol (SMOL) on Binance, you will want to hover over the ”Exchange” tab and mouse click on “Basic”. In order to spot smol (SMOL), you will need to insert the cointype (SMOL) into the search-box, which is marked in the picture. Be certain of having selected the proper grouping, we have marked this also. Click on “SMOL/BTC” to progress.
Step 4 – Purchase (SMOL) smol As soon as you have found (SMOL) smol, you will be given a Price Chart (in the Center of the image) and some Order Books (on the Left of the image). For now we are creating our own Limit Order. The ”Price” field will be filled automatically with the most recent tariff (SMOL) smol was sold for. You can change this to your desired rate. The field with the “Amount” tag is the quantity of SMOL you like to purchase. The ”Total” field is the total price in Bitcoin that you will pay for the whole quantity of SMOL. If you're glad, make a mouse click on “Buy SMOL”. Your plan will be filled as soon as a Vendor trades their SMOL for the price you offered.
Step 5 – Withdraw (SMOL) smol Unless you're frequently trading, best advise is not to keep crypto on an Crypto Exchange for an extensive period of time. In order to take off your (SMOL) smol, hover over the ”Funds” tab and click on “Withdraw”. (SMOL) smol can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate (SMOL) smol by using the provided drop-down box. Drop in the quantity of (SMOL) smol you'd like to take off. Don't forget the demonstrated fees/minimums. Also make sure you have filled your precise withdraw address. When you're happy, click “Submit”. You may be requested for verfication via email/phone before a withdrawal.