A Step-by-Step-Guide on how to buy SAKECOIN (SAKE)
Step 1 – Signup to CEX.io You will first need to purchase units of the bigger coins. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Follow the Link below to register and receive your Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Transfer Your Funds to an Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Exchange now. Every exchange has a deposit form that is identical. SAKECOIN (SAKE) is obtainable on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Exchange? (Just follow this guide) Make sure you have chosen the precise coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etc. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our guide).
Step 3 – Locate SAKECOIN (SAKE) As soon as your deposit has been approved, you'll immediately have access to your funds and you can launch purchasing and trading. To invest in SAKECOIN (SAKE) on Binance, you'll want to hover over the tab which is called “Exchange” and click on “Basic”. In order to spot SAKECOIN (SAKE), you'll need to insert the short name of the asset (SAKE) into the search box, which is marked in the graphic. Make sure you have choosen the correct grouping, we have marked this also. Click on “SAKE/BTC” to advance.
Step 4 – Buy SAKECOIN (SAKE) Once you have located SAKECOIN (SAKE), you'll be given a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). And now we are creating our own Limit Order. The field with the “Price” tag will be filled with the most up-to-date price SAKECOIN (SAKE) was sold for. You can change this to your preferred price. The ”Amount” field is the volumen of SAKE you wish to buy. The field with the “Total” tag is the total price in BTC that you'll pay for the whole volumen of SAKE. If you're happy, make a mouse click on “Buy SAKE”. Your plan will be filled when a Vender trades their SAKE for the price you submitted.
Step 5 – Withdraw SAKECOIN (SAKE) Unless you are trading, never keep your crypto on an Cryptocurrency Exchange for an extended time frame. In order to take off your SAKECOIN (SAKE), hover over the ”Funds” tab and click on “Withdraw”. SAKECOIN (SAKE) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate SAKECOIN (SAKE) by using the provided drop-down box. Drop in the quantity of SAKECOIN (SAKE) you'd like to take off. Take into account the presented fees/minimums. Also make sure you have entered your precise withdraw address. When you are happy, click “Submit”. You may be requested for email/phone verification before a withdrawal.