A Step-by-Step-Guide on how to buy SophiaTX (SPHTX)
Step 1 – Join CEX.io You will first need to buy units of the bigger currencies. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Click below for registration and getting your Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Transmit Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Trader Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is alike. SophiaTX (SPHTX) is accessible on Binance, so we will use that as an example. Unsure on how to send funds from Coinbase to an Crypto Trader? (Follow this manual) Make sure you've chosen the correct coin you wish to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etcetera. If you are using a decentralized exchange, like Airswap or DDEX could be different (Follow our manual).
Step 3 – Locate SophiaTX (SPHTX) As soon as your deposit has been approved, you will directly have access to your funds and you can commence invest and trading. To invest in SophiaTX (SPHTX) on Binance, you will want to go to the tab which is called “Exchange” and after that mouse click on “Basic”. In order to find SophiaTX (SPHTX), you will need to insert the short name of the asset (SPHTX) 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 “SPHTX/BTC” to go on.
Step 4 – Buy (SPHTX) SophiaTX After you've spotted (SPHTX) SophiaTX, you'll be presented with a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). And now we are creating our own Limit Order. The ”Price” field will be filled with the up-to-date rate (SPHTX) SophiaTX was traded for. This can be changed to your favoured price. The field with the “Amount” tag is the quantity of SPHTX you want to buy. The field with the “Total” tag is the total price in BTC that you will settle for the whole quantity of SPHTX. When you're happy, click on “Buy SPHTX”. Your order will be filled as soon as a Seller sells their SPHTX for the price you submitted.
Step 5 – Withdraw SophiaTX (SPHTX) Unless you're trading, best advise is not to keep crypto coins on an Crypto Trader for an extensive time period. In order to take off your SophiaTX (SPHTX), hover over the ”Funds” tab and click on “Withdraw”. SophiaTX (SPHTX) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate SophiaTX (SPHTX) by using the provided drop-down box. Put into the quantity of SophiaTX (SPHTX) you'd like to take off. Don't forget the displayed fees/minimums. Also make sure you have entered your correct withdraw address. If you're glad, click on “Submit”. You may be requested for verfication via phone/email ahead of a withdrawal.