A Step-by-Step-Guide on how to buy sXAU (SXAU)
Step 1 – Signup to Kraken You will first need to buy units of the top-tier currencies. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Click the button below to register and getting ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Send Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Exchange Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is alike. sXAU (SXAU) is obtainable on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Crypto Exchange? (Just follow this how-to) Make sure you have selected the correct coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so on. In the case you are using a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our guide).
Step 3 – Find sXAU (SXAU) Once your deposit has been confirmed, you'll instantly have access to your funds and you can initiate invest and trading. To invest in sXAU (SXAU) on Binance, you'll want to hover over the tab which is called “Exchange” and after that click on “Basic”. In order to discover sXAU (SXAU), you'll need to insert the cointype (SXAU) into the search box, which is highlighted in the graphic. Make sure you have selected the correct pairing, we've highlighted this too. Click on “SXAU/BTC” to proceed.
Step 4 – Buying sXAU (SXAU) Once you have located sXAU (SXAU), you will be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the picture). And now we are going to make our Limit Order. The ”Price” field will be automatically filled with the most recent tariff sXAU (SXAU) was sold for. This can be changed to your favoured price. The ”Amount” field is the quantity of SXAU you wish to buy. The field with the “Total” tag is the aggregated price in BTC that you will settle for the complete quantity of SXAU. If you are satisfied, make a mouse click on “Buy SXAU”. Your order will be filled as soon as a Seller trades their SXAU for the price you introduced.
Step 5 – Withdraw sXAU (SXAU) Unless you are trading, never keep your crypto coins on an Crypto Trader for an longer period of time. In order to take off your sXAU (SXAU), go to the tab called “Funds” and mouse click on “Withdraw”. sXAU (SXAU) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate sXAU (SXAU) by using the provided drop-down box. Drop in the amount of sXAU (SXAU) you'd like to take off. Take into account the demonstrated minimus/fees. Also make sure you have entered your precise withdraw address. If you are satisfied, make a mouse click on “Submit”. You may be asked for email/phone verification before a withdrawal.