A Step-by-Step-Guide on how to buy SynLev (SYN)
Step 1 – Join Kraken In the beginning you'll need to purchase units of the top-tier currencies. Exchanges normally accept either Bitcoin or Ethereum in exchange for Altcoins. Follow the Link below for registration and getting BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Transfer Your Ethereum or Bitcoin to an Cryptocurrency Exchange Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. SynLev (SYN) is available on Binance, so we're going to use that as an example. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this how-to) Make sure you have selected the precise coin you wish to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etcetera. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be divergent (Follow these easy steps).
Step 3 – Locate SynLev (SYN) As soon as your deposit has been affirmed, you will directly have access to your assets and you can begin purchasing and trading. To buy SynLev (SYN) on Binance, you will want to hover over the ”Exchange” tab and after that click on “Basic”. In order to find SynLev (SYN), you will need to insert the shortname of the coin (SYN) into the search-box, which is marked in the graphic. Be certain of having selected the correct pairing, we've marked this too. Click on “SYN/BTC” to advance.
Step 4 – Purchasing SynLev (SYN) As soon as you've spotted SynLev (SYN), you will be presented with a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). And now we're going to create our own Limit Order. The ”Price” field will be automatically filled with the up-to-date price SynLev (SYN) was sold for. This can be changed to your favoured price. The ”Amount” field is the volumen of SYN you wish to buy. The ”Total” field is the total price in BTC that you will settle for the complete volumen of SYN. When you're happy, make a mouse click on “Buy SYN”. Your order will be filled as soon as a Vendor sells their SYN for the price you submitted.
Step 5 – Withdraw SynLev (SYN) Unless you're regularly trading, best advise is not to keep coins on an Crypto Trader for an extensive time period. In order to withdraw your SynLev (SYN), go to the ”Funds” tab and mouse click on “Withdraw”. SynLev (SYN) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate SynLev (SYN) by using the provided drop-down box. Drop in the volumen of SynLev (SYN) you would wish to withdraw. Take into account the presented fees/minimums. Also make sure you have filled your right withdraw address. When you're happy, click “Submit”. You may be asked for verfication via email/phone before a withdrawal.