How to Buy smol (SMOL)

A Step-by-Step-Guide on how to buy smol (SMOL)

Step 1 – Signup to Kraken

In the beginning you'll need to purchase units of the bigger currencies. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click the button below to register and to get Funds.

Binance Signup
Step 2 – Transfer Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Trader

Your Bitcoin or Ethereum will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. smol (SMOL) is obtainable on Binance, so we will use that as an example. Unsure on how to send Coinbase funds to an Crypto Trader? (Just follow these easy steps)

Make sure you have selected the precise coin you would like to deposit.

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, et cetera. If you are working with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow these easy steps).

Step 3 – Locate smol (SMOL)

Once your deposit has been affirmed, you will now have access to your funds and you can commence purchasing and trading. To invest in smol (SMOL) on Binance, you will want to go to the ”Exchange” tab and then click on “Basic”.

In order to discover smol (SMOL), you will need to insert the cointype (SMOL) into the search-box, which is highlighted in the picture. Make sure you have selected the proper pairing, we have marked this too. Click on “SMOL/BTC” to proceed.

Binance Hot To Buy smol (SMOL)
Binance How to Buy (SMOL) smol
Step 4 – Buying smol (SMOL)

As soon as you've spotted smol (SMOL), you'll be presented with a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). For now we're going to make our own Limit Order.

The ”Price” field will be filled automatically with the most up-to-date rate smol (SMOL) was sold for. You can change this to your favoured rate. The field with the “Amount” tag is the volumen of SMOL you want to purchase. The field with the “Total” tag is the total price in BTC that you'll settle for the whole quantity of SMOL.

When you are glad, click on “Buy SMOL”. Your plan will be filled when a Vendor sells their SMOL for the price you gave.

Step 5 – Withdraw smol (SMOL)

Unless you are regularly trading, you should never keepyour crypto coins on an Cryptocurrency Exchange for an longer period of time. To take off your smol (SMOL), go to the ”Funds” tab and click on “Withdraw”. smol (SMOL) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find smol (SMOL) by using the provided drop-down box. Put into the volumen of smol (SMOL) you would wish to withdraw. Take into account the presented fees/minimums. Also make sure you have entered your right withdraw address.

When you are happy, click on “Submit”. You could be asked for email/phone verification ahead of a withdrawal.

Binance Withdraw

Congratulations! You've successfully bought and safed smol (SMOL).

That's it!

Withdrawals from Crypto Exchange can take anywhere from 1 – 30 minutes (rely on usage of the network). As soon as you have confirmed your withdrawal with Etherscan.io or Ethplorer.io and the (SMOL) smol is stored within your wallet, you are finished.

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