How to Buy Soniq (SONIQ)

A Step-by-Step-Guide on how to buy Soniq (SONIQ)

Step 1 – Signup to CEX.io

You'll first need to purchase units of the bigger coins. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Follow the Link below for registration and getting ETH (Ethereum) or BTC (Bitcoin).

Binance Signup
Step 2 – Transfer Your ETH (Ethereum) or BTC (Bitcoin) to an Exchange

Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Exchange now. All exchanges have a deposit form that is similar. Soniq (SONIQ) is available on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Exchange? (Just follow this manual)

Make sure you have selected the right coin you wish to deposit.

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, et cetera. If you are dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our how-to).

Step 3 – Find Soniq (SONIQ)

Once your deposit has been affirmed, you will instantly have access to your finances and you can commence purchasing and trading. To purchase Soniq (SONIQ) on Binance, you will want to go to the ”Exchange” tab and after that mouse click on “Basic”.

To spot Soniq (SONIQ), you will need to put the cointype (SONIQ) into the search-box, which is marked in the image. Be certain of having choosen the proper pairing, we have marked this also. Click on “SONIQ/BTC” to go ahead.

Binance Hot To Buy Soniq (SONIQ)
Binance How to Buy (SONIQ) Soniq
Step 4 – Purchasing Soniq (SONIQ)

As soon as you have located Soniq (SONIQ), you'll be given a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). Next we're making our Limit Order.

The ”Price” field will be filled automatically with the recent rate Soniq (SONIQ) was traded for. This can be changed to your desired rate. The field with the “Amount” tag is the volumen of SONIQ you want to buy. The field with the “Total” tag is the aggregated price in BTC that you'll settle for the whole volumen of SONIQ.

If you are happy, make a mouse click on “Buy SONIQ”. Your order will be filled when a Vender trades their SONIQ for the price you introduced.

Step 5 – Withdraw Soniq (SONIQ)

Unless you're trading, best advise is not to keep your crypto coins on an Crypto Trader for an longer time period. To take off your Soniq (SONIQ), hover over the tab called “Funds” and mouse click on “Withdraw”. Soniq (SONIQ) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find Soniq (SONIQ) by using the provided drop-down box. Put into the amount of Soniq (SONIQ) you'd like to take off. Take into account the displayed fees/minimums. Also make sure you have filled your correct withdraw address.

If you're happy, click “Submit”. You could be requested for phone/email verification ahead of a take off.

Binance Withdraw

Congratulations! You have successfully purchased and stored (SONIQ) Soniq.

That's it!

Withdrawals from Cryptocurrency Exchange can durate anywhere from 1 – 30 minutes (depending on network usage). Once you have proved your take off with Ethplorer.io or Etherscan.io and the (SONIQ) Soniq is safe within your wallet, you are all done.