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).
Step 2 – Send Your Ethereum or Bitcoin to an Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Exchange now. All exchanges have a deposit form that is alike. sTRX (STRX) is accessible on Binance, so we're going to use that as an sample. Unsure on how to send funds from Coinbase to an Exchange? (Follow this manual) Make sure you've selected the precise coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, et cetera. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our guide).
Step 3 – Find sTRX (STRX) As soon as your deposit has been approved, you'll directly have access to your assets and you can launch buying and trading. To invest in sTRX (STRX) on Binance, you'll want to hover over the ”Exchange” tab and then click on “Basic”. To locate sTRX (STRX), you'll need to insert the shortname of the coin (STRX) into the search box, which is marked in the graphic. Be certain of having selected the proper pairing, we've marked this too. Click on “STRX/BTC” to go on.
Step 4 – Purchasing sTRX (STRX) As soon as you have spotted sTRX (STRX), you will be given a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). For now we are going to create our Limit Order. The ”Price” field will be filled with the up-to-date valuation sTRX (STRX) was traded for. You can change this to your preferred price. The field with the “Amount” tag is the quantity of STRX you wish to purchase. The field with the “Total” tag is the total price in Bitcoin that you will settle for the whole quantity of STRX. When you're glad, click on “Buy STRX”. Your plan will be filled when a Seller trades their STRX for the price you introduced.
Step 5 – Withdraw sTRX (STRX) Unless you are trading, never keep your crypto coins on an Cryptocurrency Exchange for an extensive time period. To withdraw your sTRX (STRX), go to the tab called “Funds” and mouse click on “Withdraw”. sTRX (STRX) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find sTRX (STRX) by using the given drop-down box. Enter the quantity of sTRX (STRX) you would like to withdraw. Take into account the shown minimus/fees. Also make sure you have filled your right withdraw address. If you are glad, make a mouse click on “Submit”. You could be requested for verfication via phone/email before a take off.