A Step-by-Step-Guide on how to buy Sphere (SPHR)
Step 1 – Signup to Coinbase – Get Free $10 In the beginning you'll need to buy one of the bigger currencies. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Click below for registration and to get your welcome $10.
Step 2 – Send Your Bitcoin or Ethereum to an Cryptocurrency Exchange Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is similar. Sphere (SPHR) is accessible on Binance, so we're going to use that as an example. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this manual) Make sure you've selected the precise coin you want to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etc. If you are using a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our guide).
Step 3 – Find Sphere (SPHR) As soon as your deposit has been affirmed, you'll now have access to your assets and you can initiate purchasing and trading. To purchase Sphere (SPHR) on Binance, you'll want to go to the ”Exchange” tab and after that click on “Basic”. In order to discover Sphere (SPHR), you'll need to put the shortname of the coin (SPHR) into the search box, which is marked in the picture. Be certain of having selected the proper pairing, we have marked this too. Click on “SPHR/BTC” to continue.
Step 4 – Buying (SPHR) Sphere As soon as you have discovered (SPHR) Sphere, you'll be presented with a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). Next we're creating our Limit Order. The field with the “Price” tag will be automatically filled with the up-to-date price (SPHR) Sphere was traded for. You can change this to your preferred price. The ”Amount” field is the amount of SPHR you want to purchase. The field with the “Total” tag is the aggregated price in BTC that you'll settle for the whole amount of SPHR. If you are satisfied, click on “Buy SPHR”. Your plan will be filled when a Seller sells their SPHR for the price you submitted.
Step 5 – Withdraw (SPHR) Sphere Unless you're frequently trading, never keep your coins on an Cryptocurrency Exchange for an extensive period of time. In order to withdraw your (SPHR) Sphere, go to the ”Funds” tab and mouse click on “Withdraw”. (SPHR) Sphere can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate (SPHR) Sphere by using the given drop-down box. Drop in the quantity of (SPHR) Sphere you would like to withdraw. Take into account the displayed fees/minimums. Also make sure you have entered your precise withdraw address. If you're glad, click “Submit”. You may be requested for verfication via email/phone before a withdrawal.