A Step-by-Step-Guide on how to buy Snowswap (SNOW)
Step 1 – Join Kraken You'll first need to buy one of the top-tier currencies. Exchanges commonly accept either Bitcoin or Ethereum in exchange for Altcoins. Click the button below to register and getting Bitcoin or Ethereum.
Step 2 – Transmit Your Ethereum or Bitcoin to an Crypto Trader Your Bitcoin or Ethereum has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. Snowswap (SNOW) is available on Binance, so we're going to use that as an example. Unsure on how to send Coinbase funds to an Crypto Trader? (Just follow this manual) Make sure you have chosen the correct coin you would like to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, and so forth. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be different (Follow our how-to).
Step 3 – Locate Snowswap (SNOW) Once your deposit has been verified, you will instantly have access to your funds and you can launch invest and trading. To purchase Snowswap (SNOW) on Binance, you'll want to go to the ”Exchange” tab and after that click on “Basic”. In order to discover Snowswap (SNOW), you'll need to put the cointype (SNOW) into the search box, which is marked in the picture. Be certain of having selected the right pairing, we've marked this too. Click on “SNOW/BTC” to go ahead.
Step 4 – Buy Snowswap (SNOW) Once you've discovered Snowswap (SNOW), you will be given a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the image). For now we are making our own Limit Order. The field with the “Price” tag will be automatically filled with the most up-to-date rate Snowswap (SNOW) was traded for. This can be changed to your favoured price. The ”Amount” field is the amount of SNOW you wish to buy. The field with the “Total” tag is the total price in BTC that you will settle for the complete volumen of SNOW. If you're happy, make a mouse click on “Buy SNOW”. Your plan will be filled as soon as a Vender trades their SNOW for the price you gave.
Step 5 – Withdraw Snowswap (SNOW) Unless you are regularly trading, best advise is not to keep coins on an Crypto Exchange for an extended period of time. To withdraw your Snowswap (SNOW), go to the tab called “Funds” and mouse click on “Withdraw”. Snowswap (SNOW) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Snowswap (SNOW) by using the given drop-down box. Enter the amount of Snowswap (SNOW) you'd wish to withdraw. Don't forget the demonstrated minimus/fees. Also make sure you have entered your right withdraw address. When you're happy, click “Submit”. You could be requested for verfication via email/phone before a take off.