How to Buy Sora (XOR)

Step 1 – Signup to Kraken

In the beginning you'll need to buy units of the major currencies. Exchanges commonly accept either Ethereum or Bitcoin in exchange for alternative Coins. Click the button below to register and receive Ethereum or Bitcoin.

Step 2 – Transmit Your Bitcoin (BTC) or Ethereum (ETH) to an Cryptocurrency Exchange

Your Bitcoin or Ethereum will need to be sent over to an Exchange now. All exchanges have a deposit form that is identical. Sora (XOR) is obtainable on Binance, so we're going to use that as an illustration. Unsure on how to send Coinbase funds to an Exchange? (Follow this how-to)

Make sure you've selected the exact coin you wish to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etcetera. In the case you are dealing with a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our manual).

Step 3 – Locate Sora (XOR)

Once your deposit has been verified, you'll immediately have access to your funds and you can commence purchasing and trading. To invest in Sora (XOR) on Binance, you will want to go to the ”Exchange” tab and after that mouse click on “Basic”.

In order to spot Sora (XOR), you'll need to put the short name of the asset (XOR) into the search box, which is highlighted in the picture. Make sure you have selected the correct pairing, we have marked this too. Click on “XOR/BTC” to go on.

Step 4 – Purchasing Sora (XOR)

After you've discovered Sora (XOR), you will be presented with a Price Chart (in the Center of the picture) and some Order Books (Leftside of the image). For now we're creating our own Limit Order.

The field with the “Price” tag will be filled automatically with the most up-to-date price Sora (XOR) was sold for. You can change this to your favoured rate. The ”Amount” field is the quantity of XOR you like to purchase. The ”Total” field is the whole price in Bitcoin that you will pay for the whole amount of XOR.

If you're glad, click on “Buy XOR”. Your order will be filled when a Seller sells their XOR for the price you submitted.

Step 5 – Withdraw Sora (XOR)

Unless you're frequently trading, best advise is not to keep crypto on an Exchange for an longer period of time. In order to take off your Sora (XOR), go to the tab called “Funds” and mouse click on “Withdraw”. Sora (XOR) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find Sora (XOR) by using the given drop-down box. Put into the volumen of Sora (XOR) you would like to take off. Don't forget the demonstrated fees/minimums. Also make sure you have filled your precise withdraw address.

If you're happy, click “Submit”. You may be requested for verfication via email/phone before a take off.