How to Buy SpankChain (SPANK)

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).

Binance Signup
Step 2 – Transfer Your Ethereum or Bitcoin to an Exchange

Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Exchange now. All exchanges have a deposit form that is similar. SpankChain (SPANK) is accessible on Binance, so we will use that as an illustration. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this manual)

Make sure you have chosen the exact coin you want to deposit.

Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, and so on. In the case you are using a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our guide).

Step 3 – Locate SpankChain (SPANK)

Once your deposit has been approved, you'll instantly have access to your funds and you can initiate invest and trading. To purchase SpankChain (SPANK) on Binance, you'll want to go to the tab which is called “Exchange” and after that mouse click on “Basic”.

To find SpankChain (SPANK), you will need to insert the cointype (SPANK) into the search box, which is marked in the graphic. Make sure you have selected the proper pairing, we've highlighted this also. Click on “SPANK/BTC” to go on.

Binance Hot To Buy SpankChain (SPANK)
Binance How to Buy (SPANK) SpankChain
Step 4 – Purchase SpankChain (SPANK)

After you have found SpankChain (SPANK), you will be given a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). Next we are going to create our own Limit Order.

The ”Price” field will be filled with the most up-to-date tariff SpankChain (SPANK) was traded for. You can change this to your desired rate. The field with the “Amount” tag is the quantity of SPANK you like to buy. The ”Total” field is the whole price in BTC that you will pay for the complete volumen of SPANK.

When you're glad, make a mouse click on “Buy SPANK”. Your plan will be filled when a Vendor sells their SPANK for the price you offered.

Step 5 – Withdraw SpankChain (SPANK)

Unless you are frequently trading, you should never keepyour crypto coins on an Exchange for an longer period of time. To withdraw your SpankChain (SPANK), hover over the ”Funds” tab and mouse click on “Withdraw”. SpankChain (SPANK) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find SpankChain (SPANK) by using the provided drop-down box. Drop in the quantity of SpankChain (SPANK) you would wish to withdraw. Don't forget the presented minimus/fees. Also make sure you have entered your precise withdraw address.

If you are happy, click on “Submit”. You could be asked for verfication via phone/email before a withdrawal.

Binance Withdraw

Congrats! You have successfully purchased and stored SpankChain (SPANK).

That's it!

Take offs from Crypto Exchange can take anywhere from 1 – 30 minutes (depending on usage of the network). Once you've proved your take off with Etherscan.io or Ethplorer.io and the (SPANK) SpankChain is stored inside your wallet, you are finished.
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