A Step-by-Step-Guide on how to buy SnodeCoin (SND)
Step 1 – Signup to CEX.io You will first need to purchase one of the bigger coins. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Click below for registration and to get your ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Trader Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. SnodeCoin (SND) is accessible on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Crypto Trader? (Just follow this guide) Make sure you've selected the exact coin you wish to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etcetera. If you're working with a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our how-to).
Step 3 – Find SnodeCoin (SND) As soon as your deposit has been affirmed, you'll instantly have access to your assets and you can begin buying and trading. To buy SnodeCoin (SND) on Binance, you'll want to go to the tab which is called “Exchange” and mouse click on “Basic”. In order to locate SnodeCoin (SND), you'll need to insert the cointype (SND) into the search box, which is marked in the graphic. Make sure you have selected the correct pairing, we've marked this also. Click on “SND/BTC” to continue.
Step 4 – Buying SnodeCoin (SND) Once you've found SnodeCoin (SND), you'll be presented with a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the image). For now we're creating our own Limit Order. The field with the “Price” tag will be automatically filled with the most recent rate SnodeCoin (SND) was sold for. This can be changed to your favoured rate. The field with the “Amount” tag is the volumen of SND you want to buy. The field with the “Total” tag is the aggregated price in BTC that you will pay for the complete volumen of SND. When you're glad, click on “Buy SND”. Your plan will be filled when a Vendor trades their SND for the price you submitted.
Step 5 – Withdraw SnodeCoin (SND) Unless you are frequently trading, you should never keepyour coins on an Exchange for an extensive time period. To withdraw your SnodeCoin (SND), go to the ”Funds” tab and mouse click on “Withdraw”. SnodeCoin (SND) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find SnodeCoin (SND) by using the provided drop-down box. Drop in the volumen of SnodeCoin (SND) you would like to withdraw. Don't forget the displayed fees/minimums. Also make sure you have filled your precise withdraw address. When you are satisfied, click “Submit”. You could be requested for verfication via email/phone before a withdrawal.