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 BTC (Bitcoin) or ETH (Ethereum) to an Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Exchange now. All exchanges have a deposit form that is identical. Soma (SCT) is available on Binance, so we're going to use that as an sample. Unsure on how to send Coinbase funds to an Exchange? (Just follow these easy steps) Make sure you have selected the precise coin you want to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etc. In the case you're using a decentralized exchange, such as Airswap or DDEX could be different (Just follow these easy steps).
Step 3 – Find Soma (SCT) As soon as your deposit has been confirmed, you will instantly have access to your finances and you can commence purchasing and trading. To purchase Soma (SCT) on Binance, you will want to hover over the tab which is called “Exchange” and mouse click on “Basic”. In order to locate 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 selected the right pairing, we've marked this too. Click on “SCT/BTC” to continue.
Step 4 – Purchasing Soma (SCT) After you have discovered Soma (SCT), you'll be given a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). And now we are making our Limit Order. The field with the “Price” tag will be filled with the latest valuation Soma (SCT) was traded for. You can change this to your preferred rate. The field with the “Amount” tag is the volumen of SCT you like to buy. The ”Total” field is the aggregated price in BTC that you'll settle for the whole volumen of SCT. If you're happy, click on “Buy SCT”. Your order will be filled when a Seller sells their SCT for the price you gave.
Step 5 – Withdraw Soma (SCT) Unless you are regularly trading, best advise is not to keep crypto coins on an Exchange for an extensive period of time. In order to take off your Soma (SCT), go to the tab called “Funds” and click on “Withdraw”. Soma (SCT) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Soma (SCT) by using the given drop-down box. Put into the quantity of Soma (SCT) you would like to take off. Don't forget the demonstrated minimus/fees. Also make sure you have filled your right withdraw address. If you are glad, click “Submit”. You could be asked for email/phone verification before a withdrawal.