A Step-by-Step-Guide on how to buy Soferox (SFX)
Step 1 – Signup to Kraken You will first need to purchase units of the top-tier coins. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click the button below for registration and receive Bitcoin or Ethereum.
Step 2 – Transmit Your Ethereum or Bitcoin to an Crypto Exchange Your Bitcoin or Ethereum has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is alike. Soferox (SFX) is obtainable on Binance, so we're going to use that as an illustration. Unsure on how to send Coinbase funds to an Crypto Exchange? (Just follow these easy steps) Make sure you've selected the exact coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, etc. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be different (Follow our how-to).
Step 3 – Find Soferox (SFX) As soon as your deposit has been confirmed, you'll now have access to your assets and you can launch buying and trading. To purchase Soferox (SFX) on Binance, you'll want to hover over the ”Exchange” tab and then mouse click on “Basic”. To find Soferox (SFX), you'll need to put the short name of the asset (SFX) into the search-box, which is marked in the image. Make sure you have choosen the proper pairing, we've highlighted this also. Click on “SFX/BTC” to proceed.
Step 4 – Purchase Soferox (SFX) Once you've found Soferox (SFX), you will be given a Price Chart (in the Center of the image) and some Order Books (on the Left of the picture). Next we are creating our own Limit Order. The ”Price” field will be filled automatically with the most up-to-date price Soferox (SFX) was traded for. This can be changed to your desired rate. The ”Amount” field is the amount of SFX you want to purchase. The field with the “Total” tag is the whole price in BTC that you'll pay for the whole amount of SFX. When you are satisfied, click on “Buy SFX”. Your order will be filled as soon as a Vendor trades their SFX for the price you offered.
Step 5 – Withdraw Soferox (SFX) Unless you're regularly trading, best advise is not to keep coins on an Crypto Trader for an extensive period of time. In order to withdraw your Soferox (SFX), go to the tab called “Funds” and mouse click on “Withdraw”. Soferox (SFX) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Soferox (SFX) by using the provided drop-down box. Drop in the amount of Soferox (SFX) you would wish to take off. Take into account the presented fees/minimums. Also make sure you have entered your correct withdraw address. If you are glad, click “Submit”. You may be asked for email/phone verification ahead of a take off.
Congratulations! You've successfully purchased and stored Soferox (SFX).That's it! Withdrawals from Cryptocurrency Exchange can take anywhere from 1 – 30 minutes (rely on network usage). Once you have confirmed your take off with Etherscan.io or Ethplorer.io and the (SFX) Soferox is stored in your wallet, you are finished.
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