A Step-by-Step-Guide on how to buy Solarcoin (SLR)
Step 1 – Join Kraken You'll first need to buy one of the bigger currencies. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Click the button below to register and to get Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Send Your Bitcoin (BTC) or Ethereum (ETH) to an Cryptocurrency Exchange Your Ethereum or Bitcoin has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. Solarcoin (SLR) is available on Binance, so we're going to use that as an example. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this how-to) Make sure you have selected the precise coin you wish to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so on. In the case you are dealing with a decentralized exchange, such as Airswap or DDEX could be different (Follow these easy steps).
Step 3 – Find Solarcoin (SLR) Once your deposit has been affirmed, you'll directly have access to your finances and you can start buying and trading. To invest in Solarcoin (SLR) on Binance, you'll want to go to the ”Exchange” tab and after that click on “Basic”. To spot Solarcoin (SLR), you'll need to insert the cointype (SLR) into the search box, which is highlighted in the graphic. Be certain of having selected the proper pairing, we have highlighted this also. Click on “SLR/BTC” to advance.
Step 4 – Purchase Solarcoin (SLR) As soon as you've located Solarcoin (SLR), you'll be given a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). And now we are creating our Limit Order. The field with the “Price” tag will be filled with the most recent rate Solarcoin (SLR) was traded for. You can change this to your preferred price. The ”Amount” field is the amount of SLR you want to buy. The ”Total” field is the total price in BTC that you will settle for the complete amount of SLR. When you're happy, click on “Buy SLR”. Your plan will be filled when a Vender trades their SLR for the price you gave.
Step 5 – Withdraw Solarcoin (SLR) Unless you're trading, never keep your crypto on an Crypto Trader for an extended period of time. To withdraw your Solarcoin (SLR), go to the tab called “Funds” and mouse click on “Withdraw”. Solarcoin (SLR) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Solarcoin (SLR) by using the provided drop-down box. Enter the amount of Solarcoin (SLR) you'd like to withdraw. Don't forget the shown minimus/fees. Also make sure you have filled your right withdraw address. If you're glad, click “Submit”. You may be asked for verfication via email/phone ahead of a withdrawal.