A Step-by-Step-Guide on how to buy Snowball (SNBL)
Step 1 – Signup to Kraken You'll first need to purchase units of the bigger currencies. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Follow the Link below for registration and to get Ethereum or Bitcoin.
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. Snowball (SNBL) is accessible on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Crypto Exchange? (Just follow these easy steps) Make sure you've selected the right coin you wish to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, et cetera. If you are using a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our how-to).
Step 3 – Locate Snowball (SNBL) As soon as your deposit has been confirmed, you'll now have access to your funds and you can initiate purchasing and trading. To invest in Snowball (SNBL) on Binance, you'll want to go to the tab which is called “Exchange” and then click on “Basic”. In order to locate Snowball (SNBL), you'll need to insert the cointype (SNBL) into the search-box, which is highlighted in the image. Make sure you have choosen the proper grouping, we have highlighted this too. Click on “SNBL/BTC” to proceed.
Step 4 – Purchase Snowball (SNBL) As soon as you have spotted Snowball (SNBL), you will be given a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the picture). Next we're making our own Limit Order. The ”Price” field will be filled automatically with the recent valuation Snowball (SNBL) was traded for. This can be changed to your favoured rate. The ”Amount” field is the quantity of SNBL you wish to purchase. The field with the “Total” tag is the whole price in Bitcoin that you will settle for the whole quantity of SNBL. If you are satisfied, click on “Buy SNBL”. Your order will be filled when a Vendor trades their SNBL for the price you submitted.
Step 5 – Withdraw Snowball (SNBL) Unless you're regularly trading, never keep your coins on an Cryptocurrency Exchange for an extensive time period. To withdraw your Snowball (SNBL), go to the tab called “Funds” and mouse click on “Withdraw”. Snowball (SNBL) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Snowball (SNBL) by using the given drop-down box. Drop in the quantity of Snowball (SNBL) you'd like to withdraw. Don't forget the displayed minimus/fees. Also make sure you have entered your correct withdraw address. If you're happy, click on “Submit”. You may be asked for verfication via phone/email ahead of a take off.