A Step-by-Step-Guide on how to buy SAND (SAND)
Step 1 – Join Kraken You will first need to buy one of the bigger currencies. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Click the button below for registration and receive Bitcoin or Ethereum.
Step 2 – Transmit Your Bitcoin or Ethereum to an Crypto Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is identical. SAND (SAND) is accessible on Binance, so we're going to use that as an sample. Unsure on how to send Coinbase funds to an Crypto Exchange? (Follow this how-to) Make sure you have selected the precise coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, et cetera. If you are using a decentralized exchange, like Airswap or DDEX could be opposed (Follow our guide).
Step 3 – Locate SAND (SAND) Once your deposit has been approved, you will immediately have access to your assets and you can launch invest and trading. To purchase SAND (SAND) on Binance, you will want to hover over the ”Exchange” tab and click on “Basic”. In order to find SAND (SAND), you will need to insert the shortname of the coin (SAND) into the search box, which is marked in the picture. Make sure you have selected the right grouping, we've marked this also. Click on “SAND/BTC” to progress.
Step 4 – Purchasing SAND (SAND) After you've found SAND (SAND), you will be presented with a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). For now we are creating our Limit Order. The ”Price” field will be filled automatically with the most up-to-date rate SAND (SAND) was traded for. You can change this to your desired price. The field with the “Amount” tag is the volumen of SAND you wish to purchase. The ”Total” field is the total price in BTC that you'll pay for the complete volumen of SAND. When you're glad, click on “Buy SAND”. Your order will be filled as soon as a Vender trades their SAND for the price you gave.
Step 5 – Withdraw SAND (SAND) Unless you're trading, best advise is not to keep crypto on an Cryptocurrency Exchange for an extended time period. To withdraw your SAND (SAND), go to the ”Funds” tab and click on “Withdraw”. SAND (SAND) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find SAND (SAND) by using the given drop-down box. Drop in the amount of SAND (SAND) you would like to withdraw. Take into account the demonstrated minimus/fees. Also make sure you have entered your correct withdraw address. When you're satisfied, click “Submit”. You may be asked for verfication via phone/email ahead of a withdrawal.