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 – Send Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Trader Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. sBNB (SBNB) is obtainable on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Follow this how-to) Make sure you've chosen the exact coin you would like to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so forth. If you're using a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our manual).
Step 3 – Locate sBNB (SBNB) As soon as your deposit has been verified, you will now have access to your finances and you can start buying and trading. To purchase sBNB (SBNB) on Binance, you will want to go to the tab which is called “Exchange” and then mouse click on “Basic”. To find sBNB (SBNB), you will need to insert the cointype (SBNB) into the search-box, which is highlighted in the picture. Make sure you have selected the correct pairing, we have highlighted this also. Click on “SBNB/BTC” to go on.
Step 4 – Purchase sBNB (SBNB) Once you have found sBNB (SBNB), you will be presented with a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). For now we are making our own Limit Order. The field with the “Price” tag will be filled automatically with the most recent rate sBNB (SBNB) was traded for. This can be changed to your preferred rate. The field with the “Amount” tag is the amount of SBNB you like to purchase. The field with the “Total” tag is the whole price in Bitcoin that you'll pay for the complete quantity of SBNB. When you're happy, click on “Buy SBNB”. Your plan will be filled as soon as a Vender sells their SBNB for the price you introduced.
Step 5 – Withdraw sBNB (SBNB) Unless you are regularly trading, you should never keepyour crypto on an Crypto Exchange for an extended time period. To withdraw your sBNB (SBNB), go to the tab called “Funds” and mouse click on “Withdraw”. sBNB (SBNB) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate sBNB (SBNB) by using the given drop-down box. Drop in the amount of sBNB (SBNB) you would like to withdraw. Take into account the presented fees/minimums. Also make sure you have entered your correct withdraw address. When you're happy, make a mouse click on “Submit”. You could be requested for phone/email verification before a take off.