A Step-by-Step-Guide on how to buy smol (SMOL)
Step 1 – Signup to CEX.io In the beginning you'll need to purchase units of the top-tier coins. Exchanges commonly accept either Ethereum or Bitcoin in exchange for alternative Coins. Click the button below to register and receive your Ethereum or Bitcoin.
Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Trader Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is alike. smol (SMOL) is available on Binance, so we're going to use that as an illustration. Not sure on how to send Coinbase funds to an Crypto Trader? (Just follow this guide) Make sure you have chosen the exact coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, et cetera. If you're working with a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our guide).
Step 3 – Find smol (SMOL) As soon as your deposit has been confirmed, you'll immediately have access to your funds and you can start purchasing and trading. To buy smol (SMOL) on Binance, you'll want to go to the ”Exchange” tab and mouse click on “Basic”. To discover smol (SMOL), you'll need to put the cointype (SMOL) into the search-box, which is highlighted in the image. Make sure you have choosen the proper pairing, we've highlighted this too. Click on “SMOL/BTC” to proceed.
Step 4 – Purchasing smol (SMOL) As soon as you have spotted smol (SMOL), you will be presented with a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). And now we are creating our Limit Order. The ”Price” field will be filled with the latest tariff smol (SMOL) was traded for. This can be changed to your desired rate. The ”Amount” field is the quantity of SMOL you want to buy. The ”Total” field is the whole price in Bitcoin that you will settle for the complete quantity of SMOL. When you're happy, click on “Buy SMOL”. Your order will be filled as soon as a Vender sells their SMOL for the price you submitted.
Step 5 – Withdraw smol (SMOL) Unless you're frequently trading, best advise is not to keep crypto coins on an Cryptocurrency Exchange for an longer time period. In order to withdraw your smol (SMOL), hover over the ”Funds” tab and click on “Withdraw”. smol (SMOL) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate smol (SMOL) by using the provided drop-down box. Drop in the quantity of smol (SMOL) you would wish to withdraw. Don't forget the presented fees/minimums. Also make sure you have filled your precise withdraw address. If you're glad, click “Submit”. You could be requested for phone/email verification ahead of a take off.