A Step-by-Step-Guide on how to buy SouthXchange Coin (SXCC)
Step 1 – Join CEX.io In the beginning you'll need to purchase units of the bigger coins. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Follow the Link below for registration and getting your BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Exchange Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Exchange now. Every exchange has a deposit form that is similar. SouthXchange Coin (SXCC) is available on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Exchange? (Follow this how-to) Make sure you've chosen the correct coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so on. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our guide).
Step 3 – Locate SouthXchange Coin (SXCC) As soon as your deposit has been confirmed, you'll immediately have access to your assets and you can initiate purchasing and trading. To buy SouthXchange Coin (SXCC) on Binance, you'll want to go to the tab which is called “Exchange” and after that click on “Basic”. To spot SouthXchange Coin (SXCC), you'll need to insert the short name of the asset (SXCC) into the search box, which is highlighted in the image. Be certain of having choosen the right grouping, we've highlighted this too. Click on “SXCC/BTC” to continue.
Step 4 – Acquisition of SouthXchange Coin (SXCC) Once you have located SouthXchange Coin (SXCC), you will be given a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). For now we're creating our Limit Order. The field with the “Price” tag will be filled with the latest rate SouthXchange Coin (SXCC) was traded for. This can be changed to your desired rate. The field with the “Amount” tag is the quantity of SXCC you want to buy. The field with the “Total” tag is the whole price in BTC that you'll settle for the whole quantity of SXCC. If you are glad, click on “Buy SXCC”. Your plan will be filled when a Seller sells their SXCC for the price you gave.
Step 5 – Withdraw SouthXchange Coin (SXCC) Unless you're frequently trading, best advise is not to keep crypto on an Exchange for an longer time frame. In order to withdraw your SouthXchange Coin (SXCC), go to the tab called “Funds” and click on “Withdraw”. SouthXchange Coin (SXCC) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate SouthXchange Coin (SXCC) by using the provided drop-down box. Put into the volumen of SouthXchange Coin (SXCC) you would wish to withdraw. Don't forget the displayed minimus/fees. Also make sure you have entered your right withdraw address. If you're satisfied, click “Submit”. You may be asked for verfication via phone/email before a take off.