A Step-by-Step-Guide on how to buy Swarm City (SWT)
Step 1 – Join CEX.io In the beginning you'll need to buy one of the bigger coins. Exchanges usually accept either Bitcoin or Ethereum in exchange for alternative Coins. Follow the Link below to register and receive ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Cryptocurrency Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. Swarm City (SWT) is obtainable on Binance, so we will use that as an sample. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this manual) Make sure you've selected the right coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so forth. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our how-to).
Step 3 – Locate (SWT) Swarm City Once your deposit has been verified, you will now have access to your assets and you can launch buying and trading. To purchase (SWT) Swarm City on Binance, you will want to go to the tab which is called “Exchange” and after that mouse click on “Basic”. In order to find (SWT) Swarm City, you will need to insert the cointype (SWT) into the search-box, which is highlighted in the picture. Make sure you have choosen the proper pairing, we've highlighted this too. Click on “SWT/BTC” to progress.
Step 4 – Buying Swarm City (SWT) As soon as you have spotted Swarm City (SWT), 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're going to create our Limit Order. The field with the “Price” tag will be automatically filled with the up-to-date price Swarm City (SWT) was traded for. This can be changed to your preferred rate. The ”Amount” field is the quantity of SWT you wish to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you will settle for the whole quantity of SWT. If you're glad, make a mouse click on “Buy SWT”. Your order will be filled as soon as a Seller trades their SWT for the price you offered.
Step 5 – Withdraw (SWT) Swarm City Unless you are regularly trading, never keep your crypto on an Exchange for an longer time period. In order to withdraw your (SWT) Swarm City, go to the ”Funds” tab and click on “Withdraw”. (SWT) Swarm City can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate (SWT) Swarm City by using the provided drop-down box. Drop in the quantity of (SWT) Swarm City you would wish to withdraw. Don't forget the displayed minimus/fees. Also make sure you have filled your correct withdraw address. When you are glad, click on “Submit”. You could be requested for email/phone verification ahead of a withdrawal.