A Step-by-Step-Guide on how to buy Soverain (SOVE)
Step 1 – Signup to CEX.io You will first need to purchase one of the bigger currencies. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Follow the Link below for registration and to get your ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Transmit Your Ethereum or Bitcoin to an Exchange Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Exchange now. Every exchange has a deposit form that is identical. Soverain (SOVE) is accessible on Binance, so we're going to use that as an sample. Unsure on how to send Coinbase funds to an Exchange? (Follow this how-to) Make sure you have selected the exact coin you would like to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, et cetera. If you are working with a decentralized exchange, like Airswap or DDEX could be unlike (Follow our guide).
Step 3 – Locate Soverain (SOVE) Once your deposit has been verified, you will immediately have access to your finances and you can commence purchasing and trading. To buy Soverain (SOVE) on Binance, you will want to hover over the tab which is called “Exchange” and mouse click on “Basic”. To discover Soverain (SOVE), you will need to insert the shortname of the coin (SOVE) into the search-box, which is marked in the image. Be certain of having selected the right grouping, we've marked this also. Click on “SOVE/BTC” to go ahead.
Step 4 – Buy Soverain (SOVE) As soon as you've located Soverain (SOVE), you will be given a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). And now we're going to create our own Limit Order. The field with the “Price” tag will be filled with the most latest price Soverain (SOVE) was traded for. You can change this to your preferred price. The field with the “Amount” tag is the quantity of SOVE you wish to purchase. The ”Total” field is the total price in Bitcoin that you'll settle for the complete quantity of SOVE. If you're satisfied, make a mouse click on “Buy SOVE”. Your order will be filled when a Seller trades their SOVE for the price you submitted.
Step 5 – Withdraw Soverain (SOVE) Unless you are regularly trading, best advise is not to keep your crypto coins on an Exchange for an extended time frame. To withdraw your Soverain (SOVE), go to the ”Funds” tab and click on “Withdraw”. Soverain (SOVE) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Soverain (SOVE) by using the provided drop-down box. Put into the amount of Soverain (SOVE) you would like to withdraw. Don't forget the displayed fees/minimums. Also make sure you have entered your precise withdraw address. If you are satisfied, click “Submit”. You could be requested for verfication via phone/email before a take off.