A Step-by-Step-Guide on how to buy SINOVATE (SIN)
Step 1 – Signup to Kraken You will first need to purchase units of the major coins. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Follow the Link below for registration and receive Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Send Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Trader Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is similar. SINOVATE (SIN) is available on Binance, so we will use that as an illustration. Not sure on how to send funds from Coinbase to an Crypto Trader? (Just follow this how-to) Make sure you've selected the right coin you wish to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so forth. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be different (Just follow our guide).
Step 3 – Locate SINOVATE (SIN) As soon as your deposit has been confirmed, you will instantly have access to your funds and you can begin purchasing and trading. To buy SINOVATE (SIN) on Binance, you will want to go to the tab which is called “Exchange” and then mouse click on “Basic”. In order to locate SINOVATE (SIN), you will need to put the short name of the asset (SIN) into the search-box, which is highlighted in the graphic. Be certain of having choosen the correct pairing, we have highlighted this too. Click on “SIN/BTC” to proceed.
Step 4 – Purchase SINOVATE (SIN) As soon as you have located SINOVATE (SIN), you'll be presented with a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). And now we are creating our own Limit Order. The ”Price” field will be filled automatically with the most latest price SINOVATE (SIN) was traded for. You can change this to your desired price. The ”Amount” field is the quantity of SIN you wish to purchase. The ”Total” field is the whole price in Bitcoin that you will pay for the whole quantity of SIN. If you are satisfied, click on “Buy SIN”. Your order will be filled as soon as a Vendor sells their SIN for the price you offered.
Step 5 – Withdraw SINOVATE (SIN) Unless you are frequently trading, never keep your crypto on an Crypto Exchange for an extensive period of time. To take off your SINOVATE (SIN), hover over the ”Funds” tab and click on “Withdraw”. SINOVATE (SIN) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find SINOVATE (SIN) by using the provided drop-down box. Enter the volumen of SINOVATE (SIN) you'd wish to take off. Take into account the shown minimus/fees. Also make sure you have filled your right withdraw address. If you are satisfied, click “Submit”. You may be asked for phone/email verification before a withdrawal.