A Step-by-Step-Guide on how to buy SIBCoin (SIB)
Step 1 – Signup to Coinbase and recieve 10$ for free You'll first need to buy one of the top-tier coins. Exchanges normally accept either Bitcoin or Ethereum in exchange for alternative Coins. Click below to register and receive your first $10.
Step 2 – Transfer Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Exchange Your Ethereum or Bitcoin will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is alike. SIBCoin (SIB) is accessible on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Follow these easy steps) Make sure you have selected the exact coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etc. If you are using a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our how-to).
Step 3 – Locate SIBCoin (SIB) As soon as your deposit has been approved, you will now have access to your finances and you can start buying and trading. To purchase SIBCoin (SIB) on Binance, you will want to hover over the tab which is called “Exchange” and after that click on “Basic”. In order to locate SIBCoin (SIB), you will need to insert the shortname of the coin (SIB) into the search box, which is highlighted in the image. Be certain of having choosen the right pairing, we have highlighted this also. Click on “SIB/BTC” to go ahead.
Step 4 – Acquisition of SIBCoin (SIB) After you have located SIBCoin (SIB), you will be given a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). For now we are making our Limit Order. The ”Price” field will be filled automatically with the most latest valuation SIBCoin (SIB) was traded for. This can be changed to your favoured price. The ”Amount” field is the volumen of SIB you wish to buy. The ”Total” field is the whole price in Bitcoin that you'll pay for the complete volumen of SIB. If you're glad, make a mouse click on “Buy SIB”. Your plan will be filled when a Seller trades their SIB for the price you gave.
Step 5 – Withdraw (SIB) SIBCoin Unless you are frequently trading, never keep your crypto coins on an Exchange for an extensive time period. To take off your (SIB) SIBCoin, hover over the ”Funds” tab and mouse click on “Withdraw”. (SIB) SIBCoin can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate (SIB) SIBCoin by using the given drop-down box. Enter the amount of (SIB) SIBCoin you would wish to take off. Don't forget the displayed minimus/fees. Also make sure you have entered your precise withdraw address. If you are satisfied, click “Submit”. You may be asked for email/phone verification ahead of a withdrawal.