A Step-by-Step-Guide on how to buy Spots (SPT)
Step 1 – Join Coinbase and get 10$ for free In the beginning you'll need to purchase units of the bigger coins. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Click the button below to register and to get your welcome $10.
Step 2 – Send Your Funds to an Cryptocurrency Exchange Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. Spots (SPT) is available on Binance, so we will use that as an illustration. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this guide) Make sure you've selected the right coin you would like to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so on. In the case you are dealing with a decentralized exchange, such as Airswap or DDEX could be different (Just follow these easy steps).
Step 3 – Locate Spots (SPT) As soon as your deposit has been affirmed, you'll now have access to your funds and you can start purchasing and trading. To invest in Spots (SPT) on Binance, you'll want to hover over the ”Exchange” tab and then click on “Basic”. To find Spots (SPT), you'll need to insert the short name of the asset (SPT) into the search box, which is highlighted in the picture. Make sure you have selected the right grouping, we've highlighted this too. Click on “SPT/BTC” to progress.
Step 4 – Buy (SPT) Spots Once you have found (SPT) Spots, you will be given a Price Chart (in the Center of the image) and some Order Books (on the Left of the image). And now we're creating our Limit Order. The field with the “Price” tag will be filled with the most up-to-date rate (SPT) Spots was traded for. This can be changed to your favoured price. The field with the “Amount” tag is the quantity of SPT you like to buy. The field with the “Total” tag is the total price in BTC that you will settle for the complete quantity of SPT. If you're glad, make a mouse click on “Buy SPT”. Your plan will be filled as soon as a Seller sells their SPT for the price you submitted.
Step 5 – Withdraw (SPT) Spots Unless you are regularly trading, you should never keepyour coins on an Exchange for an extensive time frame. To take off your (SPT) Spots, go to the tab called “Funds” and mouse click on “Withdraw”. (SPT) Spots can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find (SPT) Spots by using the provided drop-down box. Put into the volumen of (SPT) Spots you'd wish to take off. Don't forget the demonstrated fees/minimums. Also make sure you have filled your correct withdraw address. When you are satisfied, click on “Submit”. You could be asked for email/phone verification before a withdrawal.