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How to Buy SONM (SNM)

A Step-by-Step-Guide on how to buy SONM (SNM)

Step 1 – Signup to Coinbase and recieve 10$ for free

You will first need to purchase one of the major currencies. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Click the button below to register and getting your welcome 10 Dollar.

Binance Signup
Step 2 – Send Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Trader

Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is similar. SONM (SNM) is obtainable on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Crypto Trader? (Follow this how-to)

Make sure you have selected the precise coin you would like to deposit.

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so forth. In the case you are dealing with a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our manual).

Step 3 – Locate SONM (SNM)

Once your deposit has been confirmed, you'll directly have access to your funds and you can launch buying and trading. To buy SONM (SNM) on Binance, you'll want to hover over the tab which is called “Exchange” and after that mouse click on “Basic”.

To locate SONM (SNM), you'll need to put the cointype (SNM) into the search-box, which is marked in the graphic. Make sure you have choosen the right pairing, we have marked this also. Click on “SNM/BTC” to proceed.

{How to buy Coin on Binance 1|Binance How To Buy 1} SONM (SNM)
Step 4 – Purchase SONM (SNM)

Once you've discovered SONM (SNM), you'll be presented with a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). Next we are making our own Limit Order.

The ”Price” field will be filled automatically with the most recent rate SONM (SNM) was traded for. You can change this to your preferred price. The field with the “Amount” tag is the quantity of SNM you like to purchase. The field with the “Total” tag is the total price in BTC that you'll pay for the complete quantity of SNM.

When you are happy, make a mouse click on “Buy SNM”. Your plan will be filled as soon as a Seller trades their SNM for the price you submitted.

Step 5 – Withdraw SONM (SNM)

Unless you're trading, never keep your crypto on an Crypto Exchange for an longer period of time. In order to take off your SONM (SNM), go to the ”Funds” tab and mouse click on “Withdraw”. SONM (SNM) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate SONM (SNM) by using the provided drop-down box. Put into the volumen of SONM (SNM) you'd wish to take off. Take into account the displayed fees/minimums. Also make sure you have entered your correct withdraw address.

If you're glad, make a mouse click on “Submit”. You may be requested for phone/email verification before a withdrawal.

Kudos! You've successfully bought and safed SONM (SNM).

That's it!

Take offs from Exchange can durate anywhere from 1 – 30 minutes (depending on usage of the network). Once you've confirmed your withdrawal with Etherscan.io or Ethplorer.io and the SONM (SNM) is safe within your wallet, you are done.