How to Buy Sora (XOR)

A Step-by-Step-Guide on 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.

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

Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. Sora (XOR) is accessible on Binance, so we're going to use that as an example. Unsure on how to send Coinbase funds to an Crypto Exchange? (Just follow this guide)

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

Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, et cetera. If you're using a decentralized exchange, like Airswap or DDEX could be unlike (Follow our how-to).

Step 3 – Find Sora (XOR)

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

In order to spot Sora (XOR), you'll need to insert the cointype (XOR) into the search box, which is highlighted in the graphic. Make sure you have choosen the proper grouping, we've highlighted this also. Click on “XOR/BTC” to progress.

Binance Hot To Buy Sora (XOR)
Binance How to Buy (XOR) Sora
Step 4 – Purchasing Sora (XOR)

As soon as you've located Sora (XOR), you will be presented with a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). And now we are going to create our own Limit Order.

The ”Price” field will be automatically filled with the most latest valuation Sora (XOR) was traded for. You can change this to your favoured price. The field with the “Amount” tag is the amount of XOR you want to purchase. The ”Total” field is the whole price in Bitcoin that you will pay for the whole volumen of XOR.

When you're satisfied, make a mouse click on “Buy XOR”. Your order will be filled as soon as a Vender sells their XOR for the price you submitted.

Step 5 – Withdraw Sora (XOR)

Unless you're regularly trading, best advise is not to keep your coins on an Crypto Exchange for an longer time period. In order to withdraw your Sora (XOR), go to the ”Funds” tab and click on “Withdraw”. Sora (XOR) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find Sora (XOR) by using the provided drop-down box. Enter the amount of Sora (XOR) you'd like to withdraw. Take into account the presented fees/minimums. Also make sure you have filled your correct withdraw address.

If you are satisfied, click “Submit”. You could be asked for email/phone verification ahead of a take off.

Binance Withdraw

Congrats! You've successfully purchased and stored Sora (XOR).

That's it!

Take offs from Cryptocurrency Exchange can take between 1 – 30 minutes (rely on usage of the network). Once you have confirmed your take off using Ethplorer.io or Etherscan.io and the (XOR) Sora is safe in your wallet, you are done.
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