A Step-by-Step-Guide on how to buy Soniq (SONIQ)
Step 1 – Join Kraken You will first need to buy units of the bigger coins. Exchanges normally accept either Ethereum or Bitcoin in exchange for alternative Coins. Click below to register and receive ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Transfer Your Bitcoin or Ethereum to an Cryptocurrency Exchange Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. Soniq (SONIQ) is obtainable 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 guide) Make sure you have selected the correct coin you would like to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etcetera. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be divergent (Follow these easy steps).
Step 3 – Locate Soniq (SONIQ) As soon as your deposit has been affirmed, you will instantly have access to your funds and you can commence purchasing and trading. To invest in Soniq (SONIQ) on Binance, you will want to hover over the ”Exchange” tab and click on “Basic”. In order to discover Soniq (SONIQ), you will need to put the shortname of the coin (SONIQ) into the search-box, which is marked in the picture. Make sure you have choosen the proper grouping, we have marked this also. Click on “SONIQ/BTC” to go on.
Step 4 – Buying Soniq (SONIQ) After you have spotted Soniq (SONIQ), you will be given a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). Next we are going to create our Limit Order. The ”Price” field will be automatically filled with the up-to-date tariff Soniq (SONIQ) was traded for. This can be changed to your desired price. The ”Amount” field is the quantity of SONIQ you like to buy. The field with the “Total” tag is the total price in BTC that you will pay for the whole quantity of SONIQ. When you are happy, click on “Buy SONIQ”. Your order will be filled when a Vendor sells their SONIQ for the price you gave.
Step 5 – Withdraw Soniq (SONIQ) Unless you are trading, best advise is not to keep your crypto coins on an Cryptocurrency Exchange for an longer time period. To withdraw your Soniq (SONIQ), go to the ”Funds” tab and mouse click on “Withdraw”. Soniq (SONIQ) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Soniq (SONIQ) by using the given drop-down box. Put into the amount of Soniq (SONIQ) you'd wish to withdraw. Take into account the displayed minimus/fees. Also make sure you have filled your right withdraw address. When you are glad, make a mouse click on “Submit”. You may be asked for verfication via email/phone before a withdrawal.