A Step-by-Step-Guide on how to buy Swarm Fund (SWM)
Step 1 – Join Kraken You will first need to buy one of the bigger coins. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Click below for registration and to get Bitcoin or Ethereum.
Step 2 – Send Your Bitcoin or Ethereum to an Cryptocurrency Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is alike. Swarm Fund (SWM) is obtainable on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this guide) Make sure you have chosen the right coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, and so on. If you're dealing with a decentralized exchange, like Airswap or DDEX could be different (Follow our guide).
Step 3 – Find Swarm Fund (SWM) Once your deposit has been verified, you'll directly have access to your assets and you can initiate invest and trading. To invest in Swarm Fund (SWM) on Binance, you'll want to hover over the ”Exchange” tab and then mouse click on “Basic”. In order to discover Swarm Fund (SWM), you'll need to insert the short name of the asset (SWM) into the search box, which is highlighted in the picture. Make sure you have selected the proper grouping, we have highlighted this too. Click on “SWM/BTC” to advance.
Step 4 – Acquisition of Swarm Fund (SWM) Once you have spotted Swarm Fund (SWM), you will be presented with a Price Chart (in the Center of the image) and a few Order Books (Leftside of the picture). Next we are going to create our own Limit Order. The ”Price” field will be filled automatically with the most recent tariff Swarm Fund (SWM) was traded for. This can be changed to your preferred rate. The ”Amount” field is the quantity of SWM you wish to purchase. The field with the “Total” tag is the aggregated price in BTC that you will settle for the whole volumen of SWM. When you're happy, click on “Buy SWM”. Your plan will be filled as soon as a Seller trades their SWM for the price you gave.
Step 5 – Withdraw Swarm Fund (SWM) Unless you are regularly trading, never keep your crypto on an Crypto Trader for an extensive time period. To take off your Swarm Fund (SWM), hover over the ”Funds” tab and mouse click on “Withdraw”. Swarm Fund (SWM) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Swarm Fund (SWM) by using the given drop-down box. Enter the quantity of Swarm Fund (SWM) you'd wish to take off. Take into account the displayed minimus/fees. Also make sure you have entered your correct withdraw address. If you are satisfied, click “Submit”. You may be asked for phone/email verification ahead of a take off.