A Step-by-Step-Guide on how to buy SonoCoin (SONO)
Step 1 – Join Coinbase – Get Free $10 In the beginning you'll need to purchase one of the major coins. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Follow the Link below for registration and to get your welcome 10 Dollar.
Step 2 – Transfer Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Trader Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is alike. SonoCoin (SONO) is accessible on Binance, so we will use that as an illustration. Unsure on how to send Coinbase funds to an Crypto Trader? (Follow this manual) Make sure you've 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. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our guide).
Step 3 – Find SonoCoin (SONO) As soon as your deposit has been approved, you will instantly have access to your funds and you can initiate buying and trading. To purchase SonoCoin (SONO) on Binance, you will want to hover over the tab which is called “Exchange” and then click on “Basic”. In order to discover SonoCoin (SONO), you will need to insert the shortname of the coin (SONO) into the search-box, which is highlighted in the picture. Make sure you have selected the proper grouping, we've highlighted this also. Click on “SONO/BTC” to go ahead.
Step 4 – Purchase SonoCoin (SONO) Once you have spotted SonoCoin (SONO), 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 filled automatically with the recent valuation SonoCoin (SONO) was sold for. You can change this to your preferred price. The ”Amount” field is the amount of SONO you want to buy. The ”Total” field is the total price in BTC that you'll pay for the whole amount of SONO. If you're happy, make a mouse click on “Buy SONO”. Your order will be filled as soon as a Seller sells their SONO for the price you offered.
Step 5 – Withdraw (SONO) SonoCoin Unless you're regularly trading, best advise is not to keep coins on an Exchange for an extensive time period. In order to take off your (SONO) SonoCoin, go to the tab called “Funds” and mouse click on “Withdraw”. (SONO) SonoCoin can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate (SONO) SonoCoin by using the provided drop-down box. Put into the quantity of (SONO) SonoCoin you would like to take off. Don't forget the presented fees/minimums. Also make sure you have entered your right withdraw address. If you're glad, make a mouse click on “Submit”. You could be requested for verfication via phone/email before a withdrawal.