A Step-by-Step-Guide on how to buy Status (SNT)
Step 1 – Signup to CEX.io In the beginning you'll need to buy units of the major currencies. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Follow the Link below for registration and getting Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transfer Your Bitcoin or Ethereum to an Crypto Trader Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is alike. Status (SNT) is available on Binance, so we're going to use that as an sample. Not sure on how to send Coinbase funds to an Crypto Trader? (Just follow this how-to) Make sure you have chosen the precise coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so forth. In the case you are working with a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our manual).
Step 3 – Locate Status (SNT) Once your deposit has been approved, you will immediately have access to your assets and you can start buying and trading. To invest in Status (SNT) on Binance, you will want to hover over the ”Exchange” tab and then click on “Basic”. To spot Status (SNT), you will need to insert the cointype (SNT) into the search-box, which is marked in the image. Be certain of having selected the right grouping, we've marked this also. Click on “SNT/BTC” to advance.
Step 4 – Purchase (SNT) Status Once you've discovered (SNT) Status, you'll be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the picture). Next we're going to make our own Limit Order. The ”Price” field will be automatically filled with the up-to-date price (SNT) Status was traded for. This can be changed to your desired rate. The ”Amount” field is the amount of SNT you wish to purchase. The ”Total” field is the total price in BTC that you'll settle for the whole amount of SNT. When you're satisfied, click on “Buy SNT”. Your plan will be filled as soon as a Vender sells their SNT for the price you introduced.
Step 5 – Withdraw (SNT) Status Unless you're trading, never keep your coins on an Exchange for an extended time period. To withdraw your (SNT) Status, hover over the ”Funds” tab and click on “Withdraw”. (SNT) Status can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate (SNT) Status by using the given drop-down box. Enter the volumen of (SNT) Status you would wish to withdraw. Don't forget the demonstrated minimus/fees. Also make sure you have filled your right withdraw address. When you're happy, click on “Submit”. You may be requested for verfication via email/phone before a take off.