A Step-by-Step-Guide on how to buy Serum (SRM)
Step 1 – Signup to Coinbase – Get Free $10 In the beginning you'll need to purchase units of the major coins. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Follow the Link below to register and getting your welcome $10.
Step 2 – Send Your Bitcoin (BTC) or Ethereum (ETH) to an Exchange Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Exchange now. Every exchange has a deposit form that is similar. Serum (SRM) is obtainable on Binance, so we're going to use that as an example. Unsure on how to send Coinbase funds to an Exchange? (Just follow these easy steps) Make sure you've chosen the exact coin you wish to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so on. If you are working with a decentralized exchange, such as Airswap or DDEX could be different (Just follow our manual).
Step 3 – Locate (SRM) Serum As soon as your deposit has been affirmed, you'll instantly have access to your finances and you can initiate purchasing and trading. To purchase (SRM) Serum on Binance, you'll want to go to the ”Exchange” tab and after that mouse click on “Basic”. In order to spot (SRM) Serum, you'll need to put the cointype (SRM) into the search-box, which is marked in the graphic. Be certain of having selected the right grouping, we have marked this too. Click on “SRM/BTC” to proceed.
Step 4 – Buying Serum (SRM) Once you've located Serum (SRM), you'll be given a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the image). And now we are creating our Limit Order. The ”Price” field will be filled with the latest rate Serum (SRM) was traded for. You can change this to your desired rate. The field with the “Amount” tag is the amount of SRM you like to purchase. The field with the “Total” tag is the total price in Bitcoin that you'll pay for the whole amount of SRM. If you are glad, click on “Buy SRM”. Your plan will be filled as soon as a Vendor trades their SRM for the price you offered.
Step 5 – Withdraw (SRM) Serum Unless you're frequently trading, never keep your crypto on an Crypto Trader for an longer period of time. To withdraw your (SRM) Serum, go to the tab called “Funds” and click on “Withdraw”. (SRM) Serum can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find (SRM) Serum by using the provided drop-down box. Put into the volumen of (SRM) Serum you'd like to withdraw. Take into account the displayed fees/minimums. Also make sure you have entered your right withdraw address. If you're glad, click “Submit”. You could be requested for phone/email verification before a take off.