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

Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. Status (SNT) is obtainable on Binance, so we're going to use that as an illustration. Unsure on how to send funds from Coinbase to an Exchange? (Just follow this guide)

Make sure you have chosen the exact coin you would like to deposit.

BTC must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, and so forth. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be different (Follow our manual).

Step 3 – Find Status (SNT)

As soon as your deposit has been verified, you'll directly have access to your finances and you can initiate invest and trading. To purchase Status (SNT) on Binance, you will want to hover over the ”Exchange” tab and after that click on “Basic”.

To locate Status (SNT), you'll need to put the short name of the asset (SNT) into the search-box, which is highlighted in the graphic. Make sure you have selected the correct grouping, we have highlighted this too. Click on “SNT/BTC” to go ahead.

Step 4 – Purchase Status (SNT)

Once you've spotted Status (SNT), you will be presented with a Price Chart (in the Center of the picture) and some Order Books (on the Left of the picture). And now we're making our own Limit Order.

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

When you're happy, make a mouse click on “Buy SNT”. Your plan will be filled as soon as a Vendor trades their SNT for the price you offered.

Step 5 – Withdraw Status (SNT)

Unless you are frequently trading, you should never keepyour crypto on an Crypto Trader for an extensive time period. To withdraw your Status (SNT), go to the tab called “Funds” and mouse click on “Withdraw”. Status (SNT) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Status (SNT) by using the given drop-down box. Put into the amount of Status (SNT) you would like to withdraw. Don't forget the presented fees/minimums. Also make sure you have filled your precise withdraw address.

If you're glad, make a mouse click on “Submit”. You could be requested for verfication via phone/email before a take off.