How to Buy SONM (SNM)

A Step-by-Step-Guide on how to buy SONM (SNM)

Step 1 – Join Coinbase – Get Free $10

You will first need to purchase units of the major coins. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Follow the Link below to register and getting your welcome 10$.

Coinbase Free Bitcoin

Binance Signup
Step 2 – Transfer Your Bitcoin or Ethereum to an Cryptocurrency Exchange

Your Ethereum or Bitcoin will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. SONM (SNM) is obtainable on Binance, so we will 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 chosen the exact coin you wish to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so forth. In the case you're working with a decentralized exchange, like Airswap or DDEX could be unlike (Follow these easy steps).

Step 3 – Find (SNM) SONM

Once your deposit has been affirmed, you'll now have access to your finances and you can launch buying and trading. To buy (SNM) SONM on Binance, you'll want to hover over the ”Exchange” tab and after that mouse click on “Basic”.

In order to find (SNM) SONM, you'll need to insert the short name of the asset (SNM) into the search-box, which is marked in the picture. Be certain of having selected the right grouping, we've marked this too. Click on “SNM/BTC” to go ahead.

Binance Hot To Buy SONM (SNM)
Binance How to Buy (SNM) SONM
Step 4 – Acquisition of SONM (SNM)

After you've located SONM (SNM), you'll be given a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). Next we are creating our Limit Order.

The ”Price” field will be filled automatically with the latest price SONM (SNM) was sold for. This can be changed to your desired rate. The field with the “Amount” tag is the quantity of SNM you like to buy. The field with the “Total” tag is the total price in BTC that you'll pay for the complete quantity of SNM.

If you're happy, click on “Buy SNM”. Your plan will be filled when a Vender trades their SNM for the price you introduced.

Step 5 – Withdraw (SNM) SONM

Unless you're trading, best advise is not to keep crypto coins on an Exchange for an longer time period. In order to withdraw your (SNM) SONM, hover over the ”Funds” tab and click on “Withdraw”. (SNM) SONM can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (SNM) SONM by using the provided drop-down box. Drop in the amount of (SNM) SONM you would like to withdraw. Don't forget the shown fees/minimums. Also make sure you have entered your precise withdraw address.

When you're satisfied, make a mouse click on “Submit”. You could be requested for verfication via phone/email ahead of a take off.

Binance Withdraw

Congratulations! You've successfully purchased and stored (SNM) SONM.

That's it!

Withdrawals from Cryptocurrency Exchange can take anywhere from 1 – 30 minutes (rely on network usage). Once you have confirmed your withdrawal using Ethplorer.io or Etherscan.io and the (SNM) SONM is stored inside your wallet, you're all done.