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How to Buy Soferox (SFX)

A Step-by-Step-Guide on how to buy Soferox (SFX)

Step 1 – Signup to CEX.io

You will first need to purchase one of the top-tier coins. Exchanges usually accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Follow the Link below to register and getting your Ethereum or Bitcoin.

Binance Signup
Step 2 – Send Your Ethereum or Bitcoin to an Cryptocurrency Exchange

Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is identical. Soferox (SFX) is available on Binance, so we're going to use that as an example. Unsure on how to send Coinbase funds to an Crypto Exchange? (Follow this guide)

Make sure you've selected the exact coin you wish to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, etcetera. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our manual).

Step 3 – Find Soferox (SFX)

Once your deposit has been verified, you'll instantly have access to your funds and you can launch purchasing and trading. To buy Soferox (SFX) on Binance, you will want to go to the tab which is called “Exchange” and after that click on “Basic”.

In order to locate Soferox (SFX), you will need to put the cointype (SFX) into the search box, which is marked in the picture. Be certain of having selected the proper pairing, we've marked this too. Click on “SFX/BTC” to progress.

{How to buy Coin on Binance 1|Binance How To Buy 1} Soferox (SFX)
Step 4 – Buy Soferox (SFX)

Once you have discovered Soferox (SFX), you'll be given a Price Chart (in the Center of the image) and some Order Books (Leftside of the picture). For now we are making our own Limit Order.

The ”Price” field will be filled with the most recent price Soferox (SFX) was traded for. This can be changed to your favoured price. The ”Amount” field is the amount of SFX you like to purchase. The ”Total” field is the total price in Bitcoin that you'll settle for the complete amount of SFX.

If you're happy, click on “Buy SFX”. Your order will be filled when a Vendor sells their SFX for the price you offered.

Step 5 – Withdraw Soferox (SFX)

Unless you are regularly trading, you should never keepyour coins on an Cryptocurrency Exchange for an longer period of time. To take off your Soferox (SFX), hover over the ”Funds” tab and click on “Withdraw”. Soferox (SFX) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Soferox (SFX) by using the given drop-down box. Drop in the quantity of Soferox (SFX) you would wish to take off. Take into account the shown minimus/fees. Also make sure you have filled your correct withdraw address.

When you're satisfied, make a mouse click on “Submit”. You could be asked for verfication via phone/email before a withdrawal.

Kudos! You've successfully purchased and stored Soferox (SFX).

That's it!

Withdrawals from Crypto Trader can take anywhere from 1 – 30 minutes (depending on usage of the network). As soon as you have confirmed your withdrawal with Ethplorer.io or Etherscan.io and the Soferox (SFX) is safe in your wallet, you are all done.

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