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).
Step 2 – Send Your BTC (Bitcoin) or ETH (Ethereum) to an Cryptocurrency Exchange Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is alike. Status (SNT) is accessible on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Exchange? (Follow this manual) Make sure you've selected the right coin you want to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, et cetera. If you're dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our guide).
Step 3 – Locate Status (SNT) As soon as your deposit has been approved, you will directly have access to your funds and you can begin invest and trading. To purchase Status (SNT) on Binance, you will want to go to the tab which is called “Exchange” and then click on “Basic”. In order to find Status (SNT), you'll need to put the shortname of the coin (SNT) into the search box, which is marked in the picture. Make sure you have choosen the correct grouping, we have highlighted this also. Click on “SNT/BTC” to proceed.
Step 4 – Purchasing Status (SNT) After you've located Status (SNT), you'll be given a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). Next we are going to create our own Limit Order. The ”Price” field will be filled with the most up-to-date tariff Status (SNT) was sold for. You can change this to your favoured rate. The field with the “Amount” tag is the quantity of SNT you like to buy. The field with the “Total” tag is the aggregated price in BTC that you'll settle for the whole quantity of SNT. If you are glad, click on “Buy SNT”. Your plan will be filled as soon as a Vender trades their SNT for the price you submitted.
Step 5 – Withdraw Status (SNT) Unless you're regularly trading, you should never keepyour crypto coins on an Exchange for an longer time frame. To take off your Status (SNT), hover over the tab called “Funds” and mouse click on “Withdraw”. Status (SNT) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Status (SNT) by using the provided drop-down box. Enter the amount of Status (SNT) you would like to withdraw. Don't forget the shown minimus/fees. Also make sure you have entered your right withdraw address. If you're happy, click “Submit”. You may be requested for email/phone verification ahead of a take off.
Kudos! You've successfully bought and stored Status (SNT).That's it! Withdrawals from Crypto Exchange can take anywhere from 1 – 30 minutes (depending on network usage). Once you've proved your take off with Ethplorer.io or Etherscan.io and the (SNT) Status is safe in your wallet, you're finished.
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