A Step-by-Step-Guide on how to buy Switcheo (SWTH)
Step 1 – Join Kraken You will first need to buy units of the major currencies. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Click the button below to register and getting Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Transmit Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Exchange Your Bitcoin or Ethereum has to be sent over to an Exchange now. All exchanges have a deposit form that is alike. Switcheo (SWTH) is obtainable on Binance, so we're going to use that as an illustration. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this guide) Make sure you have chosen the exact coin you want to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, et cetera. In the case you are working with a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our manual).
Step 3 – Locate Switcheo (SWTH) Once your deposit has been confirmed, you'll instantly have access to your assets and you can initiate buying and trading. To purchase Switcheo (SWTH) on Binance, you'll want to go to the tab which is called “Exchange” and then click on “Basic”. In order to find Switcheo (SWTH), you will need to insert the cointype (SWTH) into the search box, which is highlighted in the picture. Make sure you have selected the correct pairing, we've highlighted this too. Click on “SWTH/BTC” to go ahead.
Step 4 – Buying Switcheo (SWTH) As soon as you have found Switcheo (SWTH), you will be presented with a Price Chart (in the Center of the image) and some Order Books (Leftside of the picture). Next we're going to make our own Limit Order. The field with the “Price” tag will be filled automatically with the most up-to-date tariff Switcheo (SWTH) was traded for. You can change this to your preferred price. The field with the “Amount” tag is the amount of SWTH you wish to buy. The field with the “Total” tag is the total price in Bitcoin that you will pay for the whole amount of SWTH. If you are happy, click on “Buy SWTH”. Your plan will be filled when a Vendor trades their SWTH for the price you introduced.
Step 5 – Withdraw Switcheo (SWTH) Unless you are regularly trading, best advise is not to keep crypto on an Exchange for an extended time frame. To withdraw your Switcheo (SWTH), hover over the ”Funds” tab and click on “Withdraw”. Switcheo (SWTH) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Switcheo (SWTH) by using the given drop-down box. Drop in the volumen of Switcheo (SWTH) you would like to withdraw. Take into account the shown minimus/fees. Also make sure you have filled your right withdraw address. When you're happy, make a mouse click on “Submit”. You could be asked for phone/email verification before a take off.