A Step-by-Step-Guide on how to buy SPIN Token (SPIN)
Step 1 – Join Kraken You will first need to buy units of the major coins. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Click below for registration and getting Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Transmit Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Exchange Your Ethereum or Bitcoin has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is identical. SPIN Token (SPIN) is available on Binance, so we will use that as an example. Unsure on how to send Coinbase funds to an Crypto Exchange? (Follow this manual) Make sure you've chosen the precise coin you want to deposit. Bitcoin must be sent to a Bitcoin 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 different (Follow our guide).
Step 3 – Find SPIN Token (SPIN) As soon as your deposit has been confirmed, you will immediately have access to your funds and you can initiate purchasing and trading. To buy SPIN Token (SPIN) on Binance, you will want to hover over the ”Exchange” tab and mouse click on “Basic”. In order to discover SPIN Token (SPIN), you will need to put the shortname of the coin (SPIN) into the search-box, which is marked in the image. Make sure you have choosen the proper pairing, we have marked this also. Click on “SPIN/BTC” to go ahead.
Step 4 – Buy SPIN Token (SPIN) Once you have found SPIN Token (SPIN), you will be presented with a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). And now we're going to make our Limit Order. The ”Price” field will be filled with the recent price SPIN Token (SPIN) was traded for. This can be changed to your preferred price. The ”Amount” field is the volumen of SPIN you like to buy. The ”Total” field is the total price in Bitcoin that you'll settle for the whole volumen of SPIN. When you're satisfied, click on “Buy SPIN”. Your plan will be filled when a Seller trades their SPIN for the price you submitted.
Step 5 – Withdraw SPIN Token (SPIN) Unless you are regularly trading, you should never keepyour coins on an Cryptocurrency Exchange for an longer time period. To withdraw your SPIN Token (SPIN), hover over the ”Funds” tab and click on “Withdraw”. SPIN Token (SPIN) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate SPIN Token (SPIN) by using the provided drop-down box. Enter the quantity of SPIN Token (SPIN) you'd wish to withdraw. Take into account the demonstrated minimus/fees. Also make sure you have entered your right withdraw address. When you are happy, make a mouse click on “Submit”. You may be asked for verfication via email/phone before a withdrawal.