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 BTC (Bitcoin) or ETH (Ethereum) to an Crypto Exchange Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. SnowGem (XSG) is available on Binance, so we will use that as an example. Unsure on how to send Coinbase funds to an Crypto Exchange? (Follow this how-to) Make sure you've chosen the precise coin you wish to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so forth. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be different (Follow these easy steps).
Step 3 – Locate SnowGem (XSG) As soon as your deposit has been approved, you will instantly have access to your finances and you can start invest and trading. To buy SnowGem (XSG) on Binance, you'll want to hover over the tab which is called “Exchange” and then mouse click on “Basic”. In order to discover SnowGem (XSG), you'll need to insert the cointype (XSG) into the search box, which is marked in the image. Make sure you have choosen the correct pairing, we have marked this also. Click on “XSG/BTC” to proceed.
Step 4 – Purchase SnowGem (XSG) After you've located SnowGem (XSG), you'll be presented with a Price Chart (in the Center of the picture) and some Order Books (on the Left 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 rate SnowGem (XSG) was traded for. This can be changed to your favoured price. The field with the “Amount” tag is the quantity of XSG you wish to purchase. The field with the “Total” tag is the total price in Bitcoin that you'll settle for the whole quantity of XSG. If you are glad, make a mouse click on “Buy XSG”. Your order will be filled when a Vendor sells their XSG for the price you offered.
Step 5 – Withdraw SnowGem (XSG) Unless you're frequently trading, best advise is not to keep your crypto on an Cryptocurrency Exchange for an extensive time period. In order to withdraw your SnowGem (XSG), go to the tab called “Funds” and mouse click on “Withdraw”. SnowGem (XSG) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find SnowGem (XSG) by using the provided drop-down box. Put into the amount of SnowGem (XSG) you would wish to withdraw. Take into account the demonstrated fees/minimums. Also make sure you have entered your right withdraw address. When you are satisfied, click on “Submit”. You could be asked for email/phone verification ahead of a withdrawal.