A Step-by-Step-Guide on how to buy SnowGem (XSG)
Step 1 – Signup to Kraken In the beginning you'll need to purchase units of the major currencies. Exchanges normally accept either Bitcoin or Ethereum in exchange for alternative Coins. Follow the Link below for registration and getting Ethereum or Bitcoin.
Step 2 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Exchange Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. SnowGem (XSG) is available on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Exchange? (Just follow this manual) Make sure you have chosen the right coin you want to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, and so forth. In the case you're working with a decentralized exchange, like Airswap or DDEX could be different (Follow our manual).
Step 3 – Find SnowGem (XSG) As soon as your deposit has been affirmed, you'll immediately have access to your finances and you can initiate invest and trading. To invest in SnowGem (XSG) on Binance, you will want to hover over the tab which is called “Exchange” and then click on “Basic”. In order to find SnowGem (XSG), you will need to insert the cointype (XSG) into the search box, which is highlighted in the graphic. Make sure you have choosen the proper grouping, we've marked this also. Click on “XSG/BTC” to proceed.
Step 4 – Buying SnowGem (XSG) As soon as you have located SnowGem (XSG), you will be presented with a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). And now we are making our own Limit Order. The field with the “Price” tag will be filled with the most up-to-date price SnowGem (XSG) was traded for. You can change this to your preferred price. The field with the “Amount” tag is the quantity of XSG you wish to purchase. The field with the “Total” tag is the whole price in Bitcoin that you will pay for the whole quantity of XSG. When you're satisfied, make a mouse click on “Buy XSG”. Your order will be filled when a Seller sells their XSG for the price you offered.
Step 5 – Withdraw SnowGem (XSG) Unless you are frequently trading, never keep your crypto on an Crypto Exchange for an extensive time period. To take off your SnowGem (XSG), hover over the tab called “Funds” and click on “Withdraw”. SnowGem (XSG) can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find SnowGem (XSG) by using the given drop-down box. Put into the amount of SnowGem (XSG) you'd like to withdraw. Don't forget the displayed fees/minimums. 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 before a take off.