A Step-by-Step-Guide on how to buy SIBCoin (SIB)
Step 1 – Signup to CEX.io You will first need to buy units of the bigger currencies. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Follow the Link below to register and to get your Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Transmit Your Ethereum or Bitcoin to an Crypto Trader Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. SIBCoin (SIB) is obtainable on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Crypto Trader? (Follow this how-to) Make sure you have chosen the precise coin you would like to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, et cetera. If you're dealing with a decentralized exchange, like Airswap or DDEX could be different (Follow our manual).
Step 3 – Locate SIBCoin (SIB) As soon as your deposit has been approved, you will directly have access to your funds and you can launch buying and trading. To buy SIBCoin (SIB) on Binance, you will want to go to the tab which is called “Exchange” and then click on “Basic”. To discover SIBCoin (SIB), you will need to put the cointype (SIB) into the search box, which is highlighted in the picture. Be certain of having choosen the right pairing, we've highlighted this also. Click on “SIB/BTC” to proceed.
Step 4 – Acquisition of SIBCoin (SIB) After you've discovered SIBCoin (SIB), you'll be presented with a Price Chart (in the Center of the picture) and some Order Books (on the Left of the picture). And now we are creating our own Limit Order. The ”Price” field will be filled with the most recent tariff SIBCoin (SIB) was traded for. This can be changed to your favoured price. The field with the “Amount” tag is the amount of SIB you wish to purchase. The field with the “Total” tag is the total price in Bitcoin that you'll settle for the complete amount of SIB. If you're glad, make a mouse click on “Buy SIB”. Your plan will be filled when a Vendor trades their SIB for the price you gave.
Step 5 – Withdraw SIBCoin (SIB) Unless you are trading, never keep your crypto coins on an Cryptocurrency Exchange for an extensive time frame. To take off your SIBCoin (SIB), go to the ”Funds” tab and mouse click on “Withdraw”. SIBCoin (SIB) can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate SIBCoin (SIB) by using the given drop-down box. Drop in the amount of SIBCoin (SIB) you'd wish to take off. Don't forget the shown minimus/fees. Also make sure you have entered your right withdraw address. When you are happy, click “Submit”. You could be requested for verfication via email/phone ahead of a take off.