A Step-by-Step-Guide on how to buy Sora (XOR)
Step 1 – Join Coinbase and recieve 10$ for free In the beginning you'll need to buy units of the major coins. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Click below to register and to get your welcome 10 Dollar.
Step 2 – Transfer Your Bitcoin or Ethereum to an Crypto Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is alike. Sora (XOR) is obtainable on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Crypto Exchange? (Follow this guide) Make sure you have selected the correct coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etc. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our how-to).
Step 3 – Locate Sora (XOR) As soon as your deposit has been verified, you'll now have access to your funds and you can commence buying and trading. To invest in Sora (XOR) on Binance, you'll want to hover over the ”Exchange” tab and then click on “Basic”. In order to locate Sora (XOR), you'll need to put the shortname of the coin (XOR) into the search box, which is highlighted in the image. Make sure you have choosen the proper grouping, we've highlighted this also. Click on “XOR/BTC” to go ahead.
Step 4 – Purchase (XOR) Sora After you have spotted (XOR) Sora, you will be given a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). And now we are making our own Limit Order. The field with the “Price” tag will be automatically filled with the most latest price (XOR) Sora was sold for. You can change this to your favoured rate. The field with the “Amount” tag is the volumen of XOR you like to purchase. The ”Total” field is the total price in BTC that you will pay for the whole volumen of XOR. When you are satisfied, click on “Buy XOR”. Your plan will be filled as soon as a Vender sells their XOR for the price you offered.
Step 5 – Withdraw Sora (XOR) Unless you are frequently trading, best advise is not to keep your coins on an Exchange for an longer time frame. In order to withdraw your Sora (XOR), hover over the tab called “Funds” and click on “Withdraw”. Sora (XOR) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Sora (XOR) by using the given drop-down box. Put into the amount of Sora (XOR) you'd wish to withdraw. Take into account the shown fees/minimums. Also make sure you have filled your precise withdraw address. If you are glad, make a mouse click on “Submit”. You may be requested for verfication via phone/email ahead of a withdrawal.