A Step-by-Step-Guide on how to buy Safex Cash (SFX)
Step 1 – Join CEX.io You'll first need to purchase units of the major currencies. Exchanges normally accept either Ethereum or Bitcoin in exchange for Altcoins. Follow the Link below for registration and to get your Ethereum or Bitcoin.
Step 2 – Transfer Your Funds to an Crypto Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is similar. Safex Cash (SFX) is obtainable on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Crypto Exchange? (Follow this guide) Make sure you've selected the right coin you would like to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etc. If you are working with a decentralized exchange, like Airswap or DDEX could be different (Follow our how-to).
Step 3 – Find Safex Cash (SFX) As soon as your deposit has been affirmed, you'll directly have access to your finances and you can start invest and trading. To purchase Safex Cash (SFX) on Binance, you'll want to go to the ”Exchange” tab and then click on “Basic”. To find Safex Cash (SFX), you'll need to put the cointype (SFX) into the search-box, which is marked in the graphic. Be certain of having choosen the correct pairing, we have marked this too. Click on “SFX/BTC” to go on.
Step 4 – Purchasing Safex Cash (SFX) After you have discovered Safex Cash (SFX), you will be presented with a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). Next we are making our own Limit Order. The ”Price” field will be automatically filled with the most recent valuation Safex Cash (SFX) was traded for. This can be changed to your desired rate. The ”Amount” field is the volumen of SFX you like to buy. The ”Total” field is the whole price in BTC that you will pay for the whole volumen of SFX. If you're glad, make a mouse click on “Buy SFX”. Your order will be filled as soon as a Vendor sells their SFX for the price you gave.
Step 5 – Withdraw Safex Cash (SFX) Unless you are regularly trading, never keep your crypto coins on an Crypto Trader for an longer time period. In order to take off your Safex Cash (SFX), hover over the ”Funds” tab and mouse click on “Withdraw”. Safex Cash (SFX) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Safex Cash (SFX) by using the given drop-down box. Drop in the quantity of Safex Cash (SFX) you'd like to take off. Take into account the shown minimus/fees. Also make sure you have filled your correct withdraw address. When you are glad, click on “Submit”. You could be asked for verfication via email/phone ahead of a take off.