A Step-by-Step-Guide on how to buy sBNB (SBNB)
Step 1 – Join CEX.io You'll first need to buy units of the top-tier currencies. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Click the button below to register and receive your BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Transfer Your Bitcoin or Ethereum to an Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Exchange now. All exchanges have a deposit form that is similar. sBNB (SBNB) is accessible on Binance, so we will use that as an example. Unsure on how to send Coinbase funds to an Exchange? (Just follow this how-to) Make sure you have chosen the precise coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so on. If you are working with a decentralized exchange, like Airswap or DDEX could be different (Just follow our guide).
Step 3 – Locate sBNB (SBNB) As soon as your deposit has been verified, you will immediately have access to your finances and you can initiate invest and trading. To purchase sBNB (SBNB) on Binance, you will want to hover over the ”Exchange” tab and mouse click on “Basic”. In order to locate sBNB (SBNB), you will need to put the cointype (SBNB) into the search box, which is marked in the graphic. Be certain of having selected the right pairing, we have marked this also. Click on “SBNB/BTC” to proceed.
Step 4 – Purchasing sBNB (SBNB) Once you have discovered sBNB (SBNB), you will be given a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). And now we are creating our Limit Order. The ”Price” field will be filled with the up-to-date rate sBNB (SBNB) was traded for. This can be changed to your favoured rate. The field with the “Amount” tag is the quantity of SBNB you wish to purchase. The field with the “Total” tag is the whole price in Bitcoin that you will pay for the whole quantity of SBNB. If you're satisfied, click on “Buy SBNB”. Your order will be filled as soon as a Vendor trades their SBNB for the price you introduced.
Step 5 – Withdraw sBNB (SBNB) Unless you're frequently trading, never keep your crypto coins on an Cryptocurrency Exchange for an longer time frame. To take off your sBNB (SBNB), go to the tab called “Funds” and click on “Withdraw”. sBNB (SBNB) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find sBNB (SBNB) by using the given drop-down box. Enter the quantity of sBNB (SBNB) you would wish to take off. Don't forget the shown fees/minimums. Also make sure you have entered your precise withdraw address. If you're satisfied, make a mouse click on “Submit”. You could be requested for verfication via phone/email ahead of a withdrawal.