A Step-by-Step-Guide on how to buy Soma (SCT)
Step 1 – Signup to CEX.io You will first need to buy units of the major currencies. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Click below for registration and getting your ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Cryptocurrency Exchange Your Ethereum or Bitcoin has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is alike. Soma (SCT) is available on Binance, so we're going to use that as an sample. Not sure on how to send Coinbase funds to an Crypto Exchange? (Just follow this manual) Make sure you have selected the correct coin you wish to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so on. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our manual).
Step 3 – Find Soma (SCT) As soon as your deposit has been approved, you'll now have access to your funds and you can commence invest and trading. To buy Soma (SCT) on Binance, you'll want to hover over the ”Exchange” tab and after that click on “Basic”. To spot Soma (SCT), you will need to insert the shortname of the coin (SCT) into the search box, which is marked in the picture. Be certain of having choosen the correct pairing, we've marked this too. Click on “SCT/BTC” to progress.
Step 4 – Buying Soma (SCT) As soon as you've found Soma (SCT), you will be presented with a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). Next we're making our own Limit Order. The ”Price” field will be filled automatically with the most up-to-date rate Soma (SCT) was traded for. This can be changed to your preferred price. The field with the “Amount” tag is the volumen of SCT you wish to buy. The ”Total” field is the total price in BTC that you will settle for the whole amount of SCT. If you're happy, click on “Buy SCT”. Your order will be filled as soon as a Vendor sells their SCT for the price you submitted.
Step 5 – Withdraw Soma (SCT) Unless you're frequently trading, best advise is not to keep crypto coins on an Crypto Exchange for an extended period of time. In order to withdraw your Soma (SCT), go to the ”Funds” tab and click on “Withdraw”. Soma (SCT) can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Soma (SCT) by using the provided drop-down box. Put into the quantity of Soma (SCT) you'd like to withdraw. Don't forget the demonstrated fees/minimums. Also make sure you have filled your correct withdraw address. If you're happy, click “Submit”. You may be asked for verfication via email/phone before a withdrawal.