How to Buy Status (SNT)

A Step-by-Step-Guide on how to buy Status (SNT)

Step 1 – Join Kraken

You'll first need to buy one of the major currencies. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Follow the Link below to register and receive ETH (Ethereum) or BTC (Bitcoin).

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

Your Ethereum or Bitcoin will need to be sent over to an Exchange now. All exchanges have a deposit form that is identical. Status (SNT) is available on Binance, so we're going to use that as an example. Not sure on how to send funds from Coinbase to an Exchange? (Follow these easy steps)

Make sure you've chosen the correct coin you want to deposit.

Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, etcetera. If you're using a decentralized exchange, like Airswap or DDEX could be unlike (Follow our guide).

Step 3 – Locate Status (SNT)

Once your deposit has been affirmed, you'll directly have access to your funds and you can launch buying and trading. To purchase Status (SNT) on Binance, you will want to hover over the ”Exchange” tab and after that mouse click on “Basic”.

To discover Status (SNT), you'll need to put the shortname of the coin (SNT) into the search-box, which is highlighted in the picture. Make sure you have choosen the correct pairing, we have highlighted this too. Click on “SNT/BTC” to advance.

Binance Hot To Buy Status (SNT)
Binance How to Buy (SNT) Status
Step 4 – Buying Status (SNT)

As soon as you have found Status (SNT), you will be presented with a Price Chart (in the Center of the picture) and some Order Books (Leftside of the image). For now we're going to make our own Limit Order.

The ”Price” field will be filled automatically with the most latest tariff Status (SNT) was traded for. You can change this to your favoured rate. The field with the “Amount” tag is the amount of SNT you like to buy. The field with the “Total” tag is the total price in BTC that you will settle for the whole volumen of SNT.

If you are happy, click on “Buy SNT”. Your order will be filled as soon as a Seller trades their SNT for the price you gave.

Step 5 – Withdraw Status (SNT)

Unless you're frequently trading, you should never keepyour crypto coins on an Crypto Trader for an extended period of time. To withdraw your Status (SNT), hover over the ”Funds” tab and mouse click on “Withdraw”. Status (SNT) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Status (SNT) by using the given drop-down box. Drop in the quantity of Status (SNT) you would wish to withdraw. Don't forget the presented minimus/fees. Also make sure you have entered your precise withdraw address.

When you are glad, click “Submit”. You could be asked for email/phone verification ahead of a withdrawal.

Binance Withdraw

Congratulations! You have successfully purchased and safed Status (SNT).

That's it!

Withdrawals from Exchange can durate anywhere from 1 – 30 minutes (depending on network usage). As soon as you've confirmed your withdrawal with Etherscan.io or Ethplorer.io and the (SNT) Status is stored inside your wallet, you are finished.
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