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 – Transmit Your Ethereum or Bitcoin to an Exchange Your Bitcoin or Ethereum has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. SpankChain (SPANK) is available on Binance, so we're going to use that as an example. Not sure on how to send funds from Coinbase to an Crypto Trader? (Follow this manual) Make sure you've chosen the exact coin you would like to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, and so forth. If you are dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Follow these easy steps).
Step 3 – Locate SpankChain (SPANK) As soon as your deposit has been affirmed, you'll directly have access to your funds and you can initiate purchasing and trading. To invest in SpankChain (SPANK) on Binance, you will want to hover over the tab which is called “Exchange” and then click on “Basic”. In order to find SpankChain (SPANK), you will need to put the short name of the asset (SPANK) into the search box, which is highlighted in the graphic. Make sure you have selected the right grouping, we've marked this too. Click on “SPANK/BTC” to go ahead.
Step 4 – Acquisition of SpankChain (SPANK) Once you've found SpankChain (SPANK), you will be presented with a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the image). Next we're creating our own Limit Order. The ”Price” field will be filled automatically with the most latest valuation SpankChain (SPANK) was traded for. This can be changed to your favoured rate. The field with the “Amount” tag is the volumen of SPANK you like to buy. The ”Total” field is the total price in Bitcoin that you'll settle for the complete amount of SPANK. If you're happy, click on “Buy SPANK”. Your plan will be filled when a Seller sells their SPANK for the price you submitted.
Step 5 – Withdraw SpankChain (SPANK) Unless you are frequently trading, you should never keepyour crypto coins on an Cryptocurrency Exchange for an extended time frame. To take off your SpankChain (SPANK), hover over the ”Funds” tab and click on “Withdraw”. SpankChain (SPANK) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find SpankChain (SPANK) by using the provided drop-down box. Enter the quantity of SpankChain (SPANK) you'd wish to take off. Take into account the demonstrated fees/minimums. Also make sure you have entered your right withdraw address. When you are glad, click on “Submit”. You could be asked for verfication via phone/email ahead of a take off.