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How to Buy Smileycoin (SMLY)

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).

Binance Signup
Step 2 – Transfer Your Bitcoin or Ethereum to an Crypto Exchange

Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Exchange now. All exchanges have a deposit form that is identical. Smileycoin (SMLY) is accessible on Binance, so we're going to use that as an sample. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this how-to)

Make sure you have selected the precise coin you want to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, et cetera. If you're using a decentralized exchange, like Airswap or DDEX could be opposed (Follow our guide).

Step 3 – Locate Smileycoin (SMLY)

Once your deposit has been verified, you'll instantly have access to your funds and you can start buying and trading. To purchase Smileycoin (SMLY) on Binance, you will want to hover over the ”Exchange” tab and after that click on “Basic”.

In order to spot Smileycoin (SMLY), you'll need to insert the short name of the asset (SMLY) into the search-box, which is highlighted in the picture. Be certain of having selected the correct grouping, we've marked this also. Click on “SMLY/BTC” to advance.

{How to buy Coin on Binance 1|Binance How To Buy 1} Smileycoin (SMLY)
Step 4 – Purchasing Smileycoin (SMLY)

Once you've discovered Smileycoin (SMLY), you'll be given a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the picture). For now we're making our own Limit Order.

The field with the “Price” tag will be filled automatically with the most up-to-date valuation Smileycoin (SMLY) was sold for. This can be changed to your desired rate. The ”Amount” field is the volumen of SMLY you wish to buy. The field with the “Total” tag is the whole price in BTC that you'll settle for the whole quantity of SMLY.

When you're satisfied, click on “Buy SMLY”. Your order will be filled when a Vender sells their SMLY for the price you gave.

Step 5 – Withdraw Smileycoin (SMLY)

Unless you're regularly trading, never keep your coins on an Crypto Exchange for an longer time period. In order to withdraw your Smileycoin (SMLY), go to the tab called “Funds” and click on “Withdraw”. Smileycoin (SMLY) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Smileycoin (SMLY) by using the given drop-down box. Put into the amount of Smileycoin (SMLY) you'd wish to take off. Take into account the presented fees/minimums. Also make sure you have entered your right withdraw address.

If you are satisfied, make a mouse click on “Submit”. You may be asked for verfication via email/phone ahead of a withdrawal.

Congratulations! You have successfully bought and safed Smileycoin (SMLY).

That's it!

Withdrawals from Crypto Trader can take anywhere from 1 – 30 minutes (rely on network usage). Once you've confirmed your withdrawal using Ethplorer.io or Etherscan.io and the Smileycoin (SMLY) is safe inside your wallet, you're all done.

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