A Step-by-Step-Guide on 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 – Transfer Your Funds to an Crypto Exchange Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is alike. Stakenet (XSN) is available on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this manual) Make sure you've chosen the precise coin you wish to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so forth. In the case you are working with a decentralized exchange, like Airswap or DDEX could be different (Just follow our guide).
Step 3 – Find Stakenet (XSN) Once your deposit has been confirmed, you'll now have access to your finances and you can commence invest and trading. To purchase Stakenet (XSN) on Binance, you'll want to go to the ”Exchange” tab and after that mouse click on “Basic”. In order to discover Stakenet (XSN), you'll need to insert the short name of the asset (XSN) into the search-box, which is highlighted in the graphic. Be certain of having choosen the right grouping, we have highlighted this also. Click on “XSN/BTC” to progress.
Step 4 – Buying Stakenet (XSN) After you've found Stakenet (XSN), you will be presented with a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). For now we are creating our Limit Order. The ”Price” field will be filled with the most up-to-date price Stakenet (XSN) was traded for. You can change this to your preferred price. The ”Amount” field is the amount of XSN you want to buy. The field with the “Total” tag is the whole price in BTC that you will settle for the whole amount of XSN. When you're glad, make a mouse click on “Buy XSN”. Your order will be filled when a Seller sells their XSN for the price you gave.
Step 5 – Withdraw Stakenet (XSN) Unless you are regularly trading, best advise is not to keep crypto coins on an Cryptocurrency Exchange for an extensive time period. In order to take off your Stakenet (XSN), go to the ”Funds” tab and click on “Withdraw”. Stakenet (XSN) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Stakenet (XSN) by using the given drop-down box. Drop in the volumen of Stakenet (XSN) you'd wish to take off. Don't forget the demonstrated fees/minimums. Also make sure you have filled your precise withdraw address. If you are glad, click on “Submit”. You may be requested for phone/email verification ahead of a withdrawal.