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How to Buy Serum (SRM)

A Step-by-Step-Guide on how to buy Serum (SRM)

Step 1 – Join CEX.io

In the beginning you'll need to purchase one of the top-tier coins. Exchanges normally accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Follow the Link below for registration and receive your Bitcoin or Ethereum.

Binance Signup
Step 2 – Transfer Your Bitcoin or Ethereum to an Crypto Trader

Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. Serum (SRM) is obtainable on Binance, so we're going to use that as an example. Not sure on how to send funds from Coinbase to an Exchange? (Just follow this guide)

Make sure you have chosen the correct coin you wish to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, etc. In the case you're using a decentralized exchange, like Airswap or DDEX could be different (Follow our guide).

Step 3 – Find Serum (SRM)

As soon as your deposit has been confirmed, you'll now have access to your assets and you can initiate invest and trading. To buy Serum (SRM) on Binance, you'll want to go to the tab which is called “Exchange” and after that mouse click on “Basic”.

To spot Serum (SRM), you'll need to insert the cointype (SRM) into the search box, which is marked in the picture. Be certain of having selected the proper pairing, we have marked this also. Click on “SRM/BTC” to go ahead.

{How to buy Coin on Binance 1|Binance How To Buy 1} Serum (SRM)
Step 4 – Purchasing Serum (SRM)

Once you have found Serum (SRM), you'll be given a Price Chart (in the Center of the image) 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 with the most latest rate Serum (SRM) was traded for. This can be changed to your desired rate. The ”Amount” field is the quantity of SRM you wish to purchase. The ”Total” field is the whole price in BTC that you'll pay for the complete amount of SRM.

When you are happy, make a mouse click on “Buy SRM”. Your order will be filled when a Vendor trades their SRM for the price you offered.

Step 5 – Withdraw Serum (SRM)

Unless you are regularly trading, never keep your crypto on an Exchange for an longer period of time. To withdraw your Serum (SRM), hover over the tab called “Funds” and click on “Withdraw”. Serum (SRM) can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find Serum (SRM) by using the provided drop-down box. Enter the amount of Serum (SRM) you would like to withdraw. Don't forget the presented fees/minimums. Also make sure you have entered your correct withdraw address.

When you're satisfied, make a mouse click on “Submit”. You could be asked for email/phone verification ahead of a withdrawal.

Congrats! You have successfully bought and stored Serum (SRM).

That's it!

Take offs from Cryptocurrency Exchange can durate between 1 – 30 minutes (rely on network usage). As soon as you have confirmed your withdrawal using Etherscan.io or Ethplorer.io and the Serum (SRM) is safe within your wallet, you are finished.

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