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How to Buy SophiaTX (SPHTX)

A Step-by-Step-Guide on how to buy SophiaTX (SPHTX)

Step 1 – Join CEX.io

In the beginning you'll need to buy units of the bigger currencies. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Click below to register and getting your Ethereum (ETH) or Bitcoin (BTC).

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

Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Exchange now. All exchanges have a deposit form that is similar. SophiaTX (SPHTX) is accessible on Binance, so we will use that as an example. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this how-to)

Make sure you have chosen the right coin you wish to deposit.

Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, and so forth. If you're dealing with a decentralized exchange, like Airswap or DDEX could be divergent (Follow our guide).

Step 3 – Find SophiaTX (SPHTX)

As soon as your deposit has been approved, you will immediately have access to your funds and you can start purchasing and trading. To purchase SophiaTX (SPHTX) on Binance, you will want to hover over the ”Exchange” tab and then click on “Basic”.

To locate SophiaTX (SPHTX), you will need to put the cointype (SPHTX) into the search-box, which is marked in the graphic. Make sure you have choosen the right pairing, we've marked this too. Click on “SPHTX/BTC” to advance.

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

Once you have found SophiaTX (SPHTX), you will be given a Price Chart (in the Center of the image) and a few Order Books (Leftside of the picture). For now we're going to make our own Limit Order.

The field with the “Price” tag will be filled with the most latest tariff SophiaTX (SPHTX) was sold for. You can change this to your favoured rate. The field with the “Amount” tag is the quantity of SPHTX you want to purchase. The ”Total” field is the aggregated price in BTC that you'll settle for the complete amount of SPHTX.

When you're satisfied, make a mouse click on “Buy SPHTX”. Your order will be filled as soon as a Vendor sells their SPHTX for the price you introduced.

Step 5 – Withdraw SophiaTX (SPHTX)

Unless you're regularly trading, best advise is not to keep crypto coins on an Cryptocurrency Exchange for an longer time frame. To take off your SophiaTX (SPHTX), go to the ”Funds” tab and mouse click on “Withdraw”. SophiaTX (SPHTX) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find SophiaTX (SPHTX) by using the provided drop-down box. Drop in the quantity of SophiaTX (SPHTX) you'd wish to withdraw. Don't forget the shown fees/minimums. Also make sure you have filled your correct withdraw address.

If you are happy, click on “Submit”. You could be asked for verfication via email/phone ahead of a take off.

Kudos! You have successfully purchased and safed SophiaTX (SPHTX).

That's it!

Take offs from Exchange can take anywhere from 1 – 30 minutes (rely on network usage). Once you have proved your withdrawal using Etherscan.io or Ethplorer.io and the SophiaTX (SPHTX) is safe inside your wallet, you're done.

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