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 ETH (Ethereum) or BTC (Bitcoin) to an Crypto Trader

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

Make sure you've chosen the right coin you want to deposit.

Bitcoin must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, et cetera. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our how-to).

Step 3 – Find Sora (XOR)

Once your deposit has been affirmed, you will immediately have access to your funds and you can initiate invest and trading. To buy Sora (XOR) on Binance, you will want to go to the ”Exchange” tab and then mouse click on “Basic”.

In order to spot Sora (XOR), you will need to insert the shortname of the coin (XOR) into the search box, which is highlighted in the picture. Be certain of having selected the proper pairing, we have marked this too. Click on “XOR/BTC” to continue.

Step 4 – Purchasing Sora (XOR)

As soon as you've found Sora (XOR), you'll be given a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the picture). Next we are making our own Limit Order.

The ”Price” field will be filled automatically with the most recent price Sora (XOR) was sold for. You can change this to your desired rate. The ”Amount” field is the quantity of XOR you like to buy. The field with the “Total” tag is the total price in Bitcoin that you will settle for the whole quantity of XOR.

If you're happy, make a mouse click on “Buy XOR”. Your order will be filled when a Vendor trades their XOR for the price you submitted.

Step 5 – Withdraw Sora (XOR)

Unless you are frequently trading, best advise is not to keep your coins on an Crypto Exchange for an extensive time period. In order to take off your Sora (XOR), go to the ”Funds” tab and mouse click on “Withdraw”. Sora (XOR) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Sora (XOR) by using the provided drop-down box. Put into the amount of Sora (XOR) you would like to take off. Don't forget the displayed fees/minimums. Also make sure you have entered your precise withdraw address.

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