A Step-by-Step-Guide on how to buy Smileycoin (SMLY)
Step 1 – Join CEX.io You will first need to buy units of the bigger currencies. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Click below to register and getting your BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Transmit Your Ethereum (ETH) or Bitcoin (BTC) to an Cryptocurrency Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. Smileycoin (SMLY) is available on Binance, so we're going to use that as an example. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this how-to) Make sure you have chosen the precise coin you wish to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so on. If you are working with a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our guide).
Step 3 – Locate Smileycoin (SMLY) Once your deposit has been verified, you will directly have access to your assets and you can initiate invest and trading. To purchase Smileycoin (SMLY) on Binance, you will want to hover over the ”Exchange” tab and then click on “Basic”. To discover Smileycoin (SMLY), you will need to insert the shortname of the coin (SMLY) into the search-box, which is marked in the picture. Be certain of having choosen the right pairing, we've marked this also. Click on “SMLY/BTC” to go ahead.
Step 4 – Purchase Smileycoin (SMLY) Once you've located Smileycoin (SMLY), you will be given a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the picture). For now we're going to make our Limit Order. The ”Price” field will be filled with the most recent tariff Smileycoin (SMLY) was traded for. You can change this to your desired price. The field with the “Amount” tag is the volumen of SMLY you want to buy. The field with the “Total” tag is the total price in Bitcoin that you'll settle for the whole volumen of SMLY. When you're glad, click on “Buy SMLY”. Your order will be filled when a Seller sells their SMLY for the price you submitted.
Step 5 – Withdraw Smileycoin (SMLY) Unless you're frequently trading, best advise is not to keep your crypto coins on an Crypto Trader for an extended time frame. In order to withdraw your Smileycoin (SMLY), hover over the tab called “Funds” and mouse click on “Withdraw”. Smileycoin (SMLY) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Smileycoin (SMLY) by using the provided drop-down box. Enter the quantity of Smileycoin (SMLY) you would wish to withdraw. Don't forget the displayed minimus/fees. Also make sure you have entered your correct withdraw address. If you're satisfied, click “Submit”. You may be requested for verfication via phone/email ahead of a take off.