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 – Transfer Your Ethereum or Bitcoin to an Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is alike. SAND (SAND) is obtainable on Binance, so we will use that as an example. Unsure on how to send funds from Coinbase to an Exchange? (Just follow this manual) Make sure you've selected the exact coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etc. In the case you're using a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our guide).
Step 3 – Find SAND (SAND) As soon as your deposit has been approved, you will directly have access to your assets and you can begin invest and trading. To purchase SAND (SAND) on Binance, you will want to go to the tab which is called “Exchange” and after that click on “Basic”. In order to find SAND (SAND), you'll need to insert the short name of the asset (SAND) into the search box, which is marked in the graphic. Make sure you have choosen the correct pairing, we've highlighted this too. Click on “SAND/BTC” to proceed.
Step 4 – Buy SAND (SAND) Once you have found SAND (SAND), you'll be given a Price Chart (in the Center of the picture) and some Order Books (on the Left of the image). And now we are going to create our own Limit Order. The field with the “Price” tag will be filled with the most latest price SAND (SAND) was traded for. This can be changed to your preferred rate. The ”Amount” field is the volumen of SAND you wish to buy. The ”Total” field is the aggregated price in Bitcoin that you'll pay for the complete amount of SAND. If you are satisfied, click on “Buy SAND”. Your order will be filled when a Vendor sells their SAND for the price you offered.
Step 5 – Withdraw SAND (SAND) Unless you're frequently trading, best advise is not to keep crypto on an Crypto Exchange for an extended time period. To withdraw your SAND (SAND), go to the tab called “Funds” and click on “Withdraw”. SAND (SAND) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate SAND (SAND) by using the provided drop-down box. Enter the amount of SAND (SAND) you would like to take off. Take into account the shown fees/minimums. Also make sure you have filled your precise withdraw address. When you are glad, click “Submit”. You could be asked for email/phone verification ahead of a withdrawal.