A Step-by-Step-Guide on how to buy SDUSD (SDUSD)
Step 1 – Join CEX.io You'll first need to purchase one of the bigger coins. Exchanges commonly accept either Bitcoin or Ethereum in exchange for Altcoins. Click the button below to register and receive your Bitcoin or Ethereum.
Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is alike. SDUSD (SDUSD) is available on Binance, so we're going to use that as an sample. Unsure on how to send funds from Coinbase to an Exchange? (Just follow this how-to) Make sure you have chosen the correct coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etcetera. If you're working with a decentralized exchange, like Airswap or DDEX could be divergent (Follow these easy steps).
Step 3 – Locate SDUSD (SDUSD) Once your deposit has been verified, you'll directly have access to your finances and you can initiate purchasing and trading. To invest in SDUSD (SDUSD) on Binance, you will want to go to the ”Exchange” tab and after that click on “Basic”. In order to discover SDUSD (SDUSD), you'll need to insert the shortname of the coin (SDUSD) into the search-box, which is highlighted in the picture. Be certain of having selected the correct grouping, we have marked this also. Click on “SDUSD/BTC” to advance.
Step 4 – Buy SDUSD (SDUSD) After you have discovered SDUSD (SDUSD), you will be given a Price Chart (in the Center of the image) and a few Order Books (Leftside of the picture). For now we're creating our own Limit Order. The ”Price” field will be filled automatically with the most recent valuation SDUSD (SDUSD) was sold for. This can be changed to your favoured rate. The ”Amount” field is the amount of SDUSD you want to buy. The field with the “Total” tag is the total price in BTC that you'll pay for the complete quantity of SDUSD. If you are happy, click on “Buy SDUSD”. Your order will be filled when a Seller sells their SDUSD for the price you submitted.
Step 5 – Withdraw SDUSD (SDUSD) Unless you are regularly trading, never keep your crypto on an Cryptocurrency Exchange for an longer time frame. To take off your SDUSD (SDUSD), hover over the tab called “Funds” and click on “Withdraw”. SDUSD (SDUSD) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find SDUSD (SDUSD) by using the given drop-down box. Drop in the volumen of SDUSD (SDUSD) you would wish to take off. Take into account the displayed minimus/fees. Also make sure you have entered your correct withdraw address. If you're glad, click “Submit”. You could be asked for verfication via phone/email ahead of a withdrawal.