A Step-by-Step-Guide on how to buy SpankChain (SPANK)
Step 1 – Join Kraken In the beginning you'll need to purchase one of the major currencies. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click the button below to register and to get ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Transfer Your Bitcoin or Ethereum to an Exchange Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Exchange now. Every exchange has a deposit form that is similar. SpankChain (SPANK) is available on Binance, so we will use that as an sample. Unsure on how to send Coinbase funds to an Exchange? (Follow this guide) Make sure you have selected the precise coin you wish to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etc. If you are working with a decentralized exchange, like Airswap or DDEX could be unlike (Follow our guide).
Step 3 – Locate SpankChain (SPANK) As soon as your deposit has been affirmed, you'll instantly have access to your finances and you can begin buying and trading. To invest in SpankChain (SPANK) on Binance, you'll want to hover over the ”Exchange” tab and mouse click on “Basic”. To spot SpankChain (SPANK), you'll need to insert the short name of the asset (SPANK) into the search-box, which is highlighted in the image. Be certain of having choosen the right grouping, we've highlighted this too. Click on “SPANK/BTC” to go ahead.
Step 4 – Acquisition of SpankChain (SPANK) Once you have located SpankChain (SPANK), you will be given a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). For now we are making our own Limit Order. The ”Price” field will be filled automatically with the most latest valuation SpankChain (SPANK) was sold for. You can change this to your favoured price. The field with the “Amount” tag is the quantity of SPANK you want to purchase. The ”Total” field is the total price in BTC that you'll pay for the complete quantity of SPANK. If you're happy, make a mouse click on “Buy SPANK”. Your plan will be filled as soon as a Vender trades their SPANK for the price you introduced.
Step 5 – Withdraw SpankChain (SPANK) Unless you are frequently trading, you should never keepyour crypto on an Crypto Trader for an longer time frame. In order to withdraw your SpankChain (SPANK), hover over the tab called “Funds” and click on “Withdraw”. SpankChain (SPANK) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate SpankChain (SPANK) by using the provided drop-down box. Drop in the volumen of SpankChain (SPANK) you would like to withdraw. Don't forget the displayed fees/minimums. Also make sure you have entered your correct withdraw address. When you are satisfied, click “Submit”. You may be requested for phone/email verification ahead of a withdrawal.