A Step-by-Step-Guide on how to buy SALT (SALT)
Step 1 – Signup to CEX.io In the beginning you'll need to buy units of the major coins. Exchanges commonly accept either Ethereum or Bitcoin in exchange for alternative Coins. Follow the Link below to register and receive your Ethereum or Bitcoin.
Step 2 – Transfer Your Funds to an Cryptocurrency Exchange Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is alike. SALT (SALT) is accessible on Binance, so we will use that as an illustration. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this guide) Make sure you have chosen the right coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etc. In the case you are dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our how-to).
Step 3 – Locate SALT (SALT) As soon as your deposit has been confirmed, you will directly have access to your funds and you can begin purchasing and trading. To purchase SALT (SALT) on Binance, you will want to go to the ”Exchange” tab and after that click on “Basic”. To discover SALT (SALT), you will need to put the cointype (SALT) into the search box, which is marked in the graphic. Make sure you have choosen the right pairing, we have marked this too. Click on “SALT/BTC” to proceed.
Step 4 – Buying (SALT) SALT Once you've found (SALT) SALT, you will be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). And now we're going to make our own Limit Order. The field with the “Price” tag will be filled automatically with the recent rate (SALT) SALT was traded for. You can change this to your desired rate. The ”Amount” field is the amount of SALT you like to purchase. The field with the “Total” tag is the aggregated price in Bitcoin that you'll settle for the whole amount of SALT. If you're satisfied, click on “Buy SALT”. Your plan will be filled as soon as a Seller trades their SALT for the price you introduced.
Step 5 – Withdraw (SALT) SALT Unless you are regularly trading, best advise is not to keep your crypto on an Crypto Exchange for an extensive period of time. To take off your (SALT) SALT, go to the ”Funds” tab and mouse click on “Withdraw”. (SALT) SALT can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find (SALT) SALT by using the given drop-down box. Enter the amount of (SALT) SALT you would like to take off. Take into account the demonstrated fees/minimums. Also make sure you have entered your precise withdraw address. If you are glad, click on “Submit”. You may be requested for email/phone verification ahead of a withdrawal.