A Step-by-Step-Guide on how to buy Sether (SETH)
Step 1 – Join CEX.io In the beginning you'll need to purchase one of the major coins. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Click the button below to register and to get your Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Send Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Trader Your Ethereum or Bitcoin has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is alike. Sether (SETH) is obtainable on Binance, so we will use that as an example. Unsure on how to send Coinbase funds to an Crypto Trader? (Just follow this how-to) Make sure you've selected the correct coin you would like to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etcetera. In the case you're using a decentralized exchange, such as Airswap or DDEX could be different (Just follow our how-to).
Step 3 – Find Sether (SETH) Once your deposit has been verified, you will instantly have access to your funds and you can start buying and trading. To invest in Sether (SETH) on Binance, you will want to go to the ”Exchange” tab and then click on “Basic”. In order to find Sether (SETH), you will need to put the shortname of the coin (SETH) into the search-box, which is marked in the picture. Make sure you have choosen the proper pairing, we have marked this too. Click on “SETH/BTC” to advance.
Step 4 – Purchasing Sether (SETH) As soon as you've discovered Sether (SETH), you'll be given a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). For now we're going to create our own Limit Order. The ”Price” field will be filled with the up-to-date valuation Sether (SETH) was traded for. This can be changed to your desired rate. The field with the “Amount” tag is the amount of SETH you want to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you will pay for the complete amount of SETH. When you're happy, make a mouse click on “Buy SETH”. Your order will be filled when a Vender trades their SETH for the price you gave.
Step 5 – Withdraw Sether (SETH) Unless you are frequently trading, never keep your crypto coins on an Cryptocurrency Exchange for an extended time period. To withdraw your Sether (SETH), go to the ”Funds” tab and mouse click on “Withdraw”. Sether (SETH) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Sether (SETH) by using the provided drop-down box. Enter the quantity of Sether (SETH) you would like to withdraw. Take into account the presented fees/minimums. Also make sure you have filled your correct withdraw address. If you are happy, click on “Submit”. You may be asked for verfication via phone/email ahead of a take off.