How to Buy Stakenet (XSN)

Step 1 – Signup to Kraken

You will first need to buy units of the bigger coins. Exchanges usually accept either Ethereum or Bitcoin in exchange for Altcoins. Follow the Link below for registration and getting Ethereum (ETH) or Bitcoin (BTC).

Step 2 – Transmit Your Bitcoin (BTC) or Ethereum (ETH) to an Exchange

Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is alike. Stakenet (XSN) is obtainable on Binance, so we're going to use that as an sample. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow these easy steps)

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

BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so forth. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be different (Just follow our manual).

Step 3 – Find Stakenet (XSN)

As soon as your deposit has been verified, you'll directly have access to your assets and you can start buying and trading. To buy Stakenet (XSN) on Binance, you will want to hover over the ”Exchange” tab and after that click on “Basic”.

To spot Stakenet (XSN), you'll need to put the cointype (XSN) into the search box, which is highlighted in the image. Be certain of having choosen the correct grouping, we have marked this too. Click on “XSN/BTC” to proceed.

Step 4 – Purchasing Stakenet (XSN)

Once you have found Stakenet (XSN), you will be presented with a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). Next we are making our own Limit Order.

The field with the “Price” tag will be filled automatically with the most recent tariff Stakenet (XSN) was traded for. You can change this to your desired price. The field with the “Amount” tag is the volumen of XSN you wish to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you will settle for the whole amount of XSN.

When you're glad, make a mouse click on “Buy XSN”. Your plan will be filled when a Vender trades their XSN for the price you gave.

Step 5 – Withdraw Stakenet (XSN)

Unless you are frequently trading, best advise is not to keep coins on an Exchange for an extensive period of time. In order to take off your Stakenet (XSN), hover over the ”Funds” tab and mouse click on “Withdraw”. Stakenet (XSN) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find Stakenet (XSN) by using the given drop-down box. Enter the amount of Stakenet (XSN) you'd wish to take off. Take into account the shown fees/minimums. Also make sure you have entered your correct withdraw address.

If you are happy, click “Submit”. You may be asked for email/phone verification before a withdrawal.