A Step-by-Step-Guide on how to buy SPIN Protocol (SPIN)
Step 1 – Signup to Coinbase and recieve 10$ for free You will first need to buy one of the bigger coins. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Click the button below for registration and receive your first 10$.
Step 2 – Send Your Bitcoin or Ethereum to an Exchange Your Bitcoin or Ethereum has to be sent over to an Exchange now. Every exchange has a deposit form that is identical. SPIN Protocol (SPIN) is accessible on Binance, so we're going to use that as an example. Unsure on how to send Coinbase funds to an Exchange? (Just follow this manual) Make sure you've chosen the right coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, et cetera. If you're dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our manual).
Step 3 – Find SPIN Protocol (SPIN) Once your deposit has been verified, you'll immediately have access to your assets and you can launch buying and trading. To invest in SPIN Protocol (SPIN) on Binance, you'll want to hover over the ”Exchange” tab and then mouse click on “Basic”. To find SPIN Protocol (SPIN), you'll need to put the cointype (SPIN) into the search box, which is marked in the image. Make sure you have choosen the correct grouping, we have marked this also. Click on “SPIN/BTC” to progress.
Step 4 – Buying SPIN Protocol (SPIN) Once you've spotted SPIN Protocol (SPIN), you will be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). Next we're going to make our own Limit Order. The field with the “Price” tag will be automatically filled with the most latest valuation SPIN Protocol (SPIN) was sold for. This can be changed to your desired price. The field with the “Amount” tag is the quantity of SPIN you want to purchase. The ”Total” field is the aggregated price in Bitcoin that you will pay for the whole quantity of SPIN. If you are glad, make a mouse click on “Buy SPIN”. Your order will be filled when a Vender sells their SPIN for the price you gave.
Step 5 – Withdraw (SPIN) SPIN Protocol Unless you're frequently trading, never keep your crypto coins on an Crypto Exchange for an extensive time frame. In order to withdraw your (SPIN) SPIN Protocol, go to the tab called “Funds” and click on “Withdraw”. (SPIN) SPIN Protocol can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find (SPIN) SPIN Protocol by using the given drop-down box. Enter the quantity of (SPIN) SPIN Protocol you would wish to withdraw. Don't forget the presented minimus/fees. Also make sure you have filled your correct withdraw address. When you're glad, click on “Submit”. You could be asked for email/phone verification ahead of a withdrawal.