A Step-by-Step-Guide on how to buy SakeToken (SAKE)
Step 1 – Join CEX.io You'll first need to purchase one of the bigger currencies. Exchanges normally accept either Bitcoin or Ethereum in exchange for alternative Coins. Click the button below to register and to get your Bitcoin or Ethereum.
Step 2 – Send Your Ethereum or Bitcoin to an Crypto Exchange Your Ethereum or Bitcoin will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is similar. SakeToken (SAKE) is accessible on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Crypto Exchange? (Follow this manual) Make sure you've chosen the right coin you wish to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etc. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be different (Follow these easy steps).
Step 3 – Locate SakeToken (SAKE) Once your deposit has been verified, you'll instantly have access to your assets and you can launch invest and trading. To buy SakeToken (SAKE) on Binance, you'll want to go to the tab which is called “Exchange” and after that mouse click on “Basic”. In order to locate SakeToken (SAKE), you'll need to insert the shortname of the coin (SAKE) into the search-box, which is highlighted in the graphic. Make sure you have selected the right pairing, we have highlighted this too. Click on “SAKE/BTC” to progress.
Step 4 – Acquisition of SakeToken (SAKE) After you have discovered SakeToken (SAKE), you'll 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 making our own Limit Order. The field with the “Price” tag will be filled with the most latest valuation SakeToken (SAKE) was traded for. This can be changed to your desired price. The field with the “Amount” tag is the amount of SAKE you wish to buy. The field with the “Total” tag is the total price in Bitcoin that you will settle for the whole amount of SAKE. If you're happy, click on “Buy SAKE”. Your order will be filled as soon as a Seller sells their SAKE for the price you introduced.
Step 5 – Withdraw SakeToken (SAKE) Unless you're regularly trading, never keep your crypto coins on an Crypto Exchange for an extended time period. In order to withdraw your SakeToken (SAKE), go to the ”Funds” tab and click on “Withdraw”. SakeToken (SAKE) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate SakeToken (SAKE) by using the provided drop-down box. Enter the volumen of SakeToken (SAKE) you'd wish to withdraw. Take into account the presented minimus/fees. Also make sure you have filled your correct withdraw address. If you're happy, make a mouse click on “Submit”. You could be asked for verfication via email/phone ahead of a take off.