A Step-by-Step-Guide on how to buy Unisocks (SOCKS)
Step 1 – Signup to CEX.io You'll first need to buy one of the major coins. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Follow the Link below for registration and getting Bitcoin or Ethereum.
Step 2 – Transmit Your Ethereum (ETH) or Bitcoin (BTC) 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 similar. Unisocks (SOCKS) is accessible on Binance, so we will use that as an illustration. Unsure on how to send Coinbase funds to an Crypto Exchange? (Follow this how-to) Make sure you've selected the right coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so on. If you're working with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our how-to).
Step 3 – Locate (SOCKS) Unisocks As soon as your deposit has been approved, you will instantly have access to your funds and you can begin purchasing and trading. To purchase (SOCKS) Unisocks on Binance, you will want to hover over the ”Exchange” tab and then click on “Basic”. In order to find (SOCKS) Unisocks, you will need to insert the shortname of the coin (SOCKS) into the search-box, which is highlighted in the picture. Be certain of having choosen the right pairing, we've highlighted this too. Click on “SOCKS/BTC” to advance.
Step 4 – Acquisition of (SOCKS) Unisocks After you've found (SOCKS) Unisocks, you'll be given a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the picture). For now we are going to create our Limit Order. The field with the “Price” tag will be automatically filled with the up-to-date tariff (SOCKS) Unisocks was traded for. You can change this to your desired rate. The ”Amount” field is the volumen of SOCKS you like to buy. The ”Total” field is the total price in BTC that you will settle for the whole volumen of SOCKS. If you're happy, make a mouse click on “Buy SOCKS”. Your order will be filled when a Seller sells their SOCKS for the price you gave.
Step 5 – Withdraw (SOCKS) Unisocks Unless you're frequently trading, best advise is not to keep coins on an Cryptocurrency Exchange for an extensive time frame. To take off your (SOCKS) Unisocks, go to the ”Funds” tab and click on “Withdraw”. (SOCKS) Unisocks can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate (SOCKS) Unisocks by using the provided drop-down box. Drop in the amount of (SOCKS) Unisocks you would like to take off. Take into account the shown minimus/fees. Also make sure you have filled your correct withdraw address. When you're happy, click “Submit”. You may be requested for email/phone verification before a take off.