A Step-by-Step-Guide on how to buy Secured Gold Coin (SGC)
Step 1 – Signup to CEX.io You will first need to buy one of the top-tier currencies. Exchanges normally accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Follow the Link below for registration and getting your Ethereum or Bitcoin.
Step 2 – Transfer Your Bitcoin or Ethereum to an Crypto 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 similar. Secured Gold Coin (SGC) is available on Binance, so we will use that as an illustration. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Follow this guide) Make sure you have selected the precise coin you would like to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etc. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our how-to).
Step 3 – Find Secured Gold Coin (SGC) As soon as your deposit has been approved, you will immediately have access to your assets and you can begin purchasing and trading. To invest in Secured Gold Coin (SGC) on Binance, you will want to hover over the tab which is called “Exchange” and after that click on “Basic”. To discover Secured Gold Coin (SGC), you will need to insert the shortname of the coin (SGC) into the search box, which is highlighted in the image. Be certain of having selected the right grouping, we have highlighted this too. Click on “SGC/BTC” to advance.
Step 4 – Purchasing Secured Gold Coin (SGC) Once you have located Secured Gold Coin (SGC), you'll be presented with a Price Chart (in the Center of the picture) and some Order Books (on the Left of the picture). Next we are going to make our own Limit Order. The field with the “Price” tag will be automatically filled with the up-to-date tariff Secured Gold Coin (SGC) was traded for. This can be changed to your desired price. The field with the “Amount” tag is the volumen of SGC you want to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you'll settle for the complete volumen of SGC. When you are happy, click on “Buy SGC”. Your order will be filled when a Seller trades their SGC for the price you introduced.
Step 5 – Withdraw Secured Gold Coin (SGC) Unless you're regularly trading, best advise is not to keep your crypto on an Cryptocurrency Exchange for an longer time frame. To withdraw your Secured Gold Coin (SGC), go to the tab called “Funds” and click on “Withdraw”. Secured Gold Coin (SGC) can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Secured Gold Coin (SGC) by using the provided drop-down box. Drop in the volumen of Secured Gold Coin (SGC) you would like to withdraw. Take into account the displayed fees/minimums. Also make sure you have entered your precise withdraw address. When you're happy, click “Submit”. You may be requested for verfication via phone/email before a take off.