How to Buy sTRX (STRX)

A Step-by-Step-Guide on how to buy sTRX (STRX)

Step 1 – Signup to Kraken

You'll first need to buy units of the major coins. Exchanges normally accept either Bitcoin or Ethereum in exchange for Altcoins. Follow the Link below for registration and getting BTC (Bitcoin) or ETH (Ethereum).

Binance Signup
Step 2 – Send Your Funds to an Cryptocurrency Exchange

Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. sTRX (STRX) is accessible on Binance, so we're going to use that as an sample. Unsure on how to send Coinbase funds to an Crypto Exchange? (Follow these easy steps)

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

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, et cetera. In the case you're working with a decentralized exchange, like Airswap or DDEX could be opposed (Follow our how-to).

Step 3 – Locate sTRX (STRX)

Once your deposit has been verified, you'll now have access to your assets and you can begin purchasing and trading. To purchase sTRX (STRX) on Binance, you'll want to hover over the ”Exchange” tab and then click on “Basic”.

In order to locate sTRX (STRX), you'll need to put the cointype (STRX) into the search-box, which is marked in the graphic. Be certain of having selected the proper pairing, we have highlighted this too. Click on “STRX/BTC” to go ahead.

Binance Hot To Buy sTRX (STRX)
Binance How to Buy (STRX) sTRX
Step 4 – Purchasing sTRX (STRX)

As soon as you have found sTRX (STRX), you will be given a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). For now we're creating our own Limit Order.

The ”Price” field will be automatically filled with the most up-to-date valuation sTRX (STRX) was sold for. This can be changed to your preferred rate. The field with the “Amount” tag is the volumen of STRX you want to buy. The field with the “Total” tag is the total price in Bitcoin that you'll pay for the whole quantity of STRX.

If you are satisfied, click on “Buy STRX”. Your plan will be filled when a Vender sells their STRX for the price you introduced.

Step 5 – Withdraw sTRX (STRX)

Unless you are regularly trading, never keep your coins on an Exchange for an extensive time period. In order to withdraw your sTRX (STRX), go to the ”Funds” tab and mouse click on “Withdraw”. sTRX (STRX) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate sTRX (STRX) by using the provided drop-down box. Enter the volumen of sTRX (STRX) you'd wish to take off. Don't forget the demonstrated fees/minimums. Also make sure you have filled your precise withdraw address.

When you're happy, click “Submit”. You could be asked for verfication via email/phone before a take off.

Binance Withdraw

Kudos! You have successfully bought and safed sTRX (STRX).

That's it!

Withdrawals from Exchange can take anywhere from 1 – 30 minutes (depending on usage of the network). Once you've confirmed your take off with Etherscan.io or Ethplorer.io and the (STRX) sTRX is stored within your wallet, you are finished.

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