A Step-by-Step-Guide on how to buy Swipe (SXP)
Step 1 – Join Kraken You will first need to purchase units of the major currencies. Exchanges usually accept either Ethereum or Bitcoin in exchange for alternative Coins. Click the button below to register and getting Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transfer Your Funds to an Exchange Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Exchange now. Every exchange has a deposit form that is similar. Swipe (SXP) is available on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Exchange? (Follow this guide) Make sure you have selected the correct coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etcetera. In the case you are dealing with a decentralized exchange, such as Airswap or DDEX could be different (Follow our how-to).
Step 3 – Locate Swipe (SXP) As soon as your deposit has been verified, you'll directly have access to your assets and you can launch invest and trading. To purchase Swipe (SXP) on Binance, you'll want to go to the tab which is called “Exchange” and mouse click on “Basic”. In order to find Swipe (SXP), you'll need to put the shortname of the coin (SXP) into the search-box, which is marked in the image. Be certain of having selected the correct grouping, we've marked this too. Click on “SXP/BTC” to go on.
Step 4 – Purchase Swipe (SXP) After you have discovered Swipe (SXP), you'll be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the picture). For now we are making our Limit Order. The field with the “Price” tag will be filled automatically with the most recent rate Swipe (SXP) was sold for. You can change this to your desired rate. The field with the “Amount” tag is the quantity of SXP you want to purchase. The field with the “Total” tag is the aggregated price in Bitcoin that you will pay for the complete quantity of SXP. When you're glad, click on “Buy SXP”. Your order will be filled as soon as a Seller sells their SXP for the price you gave.
Step 5 – Withdraw Swipe (SXP) Unless you're frequently trading, you should never keepyour coins on an Crypto Trader for an longer period of time. To withdraw your Swipe (SXP), hover over the ”Funds” tab and mouse click on “Withdraw”. Swipe (SXP) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Swipe (SXP) by using the given drop-down box. Enter the amount of Swipe (SXP) you would wish to withdraw. Don't forget the displayed minimus/fees. Also make sure you have filled your precise withdraw address. When you're satisfied, click on “Submit”. You may be requested for verfication via phone/email before a take off.