A Step-by-Step-Guide on how to buy Speed Coin (SPEED)
Step 1 – Signup to Coinbase – Get Free $10 In the beginning you'll need to buy units of the top-tier currencies. Exchanges normally accept either Bitcoin or Ethereum in exchange for alternative Coins. Follow the Link below for registration and receive your first $10.
Step 2 – Transmit Your Bitcoin or Ethereum to an Cryptocurrency Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. Speed Coin (SPEED) is accessible on Binance, so we will use that as an illustration. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this guide) Make sure you've selected the precise coin you want to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etcetera. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our how-to).
Step 3 – Locate (SPEED) Speed Coin Once your deposit has been approved, you'll immediately have access to your funds and you can launch buying and trading. To purchase (SPEED) Speed Coin on Binance, you'll want to go to the ”Exchange” tab and mouse click on “Basic”. To spot (SPEED) Speed Coin, you'll need to insert the shortname of the coin (SPEED) into the search box, which is highlighted in the picture. Make sure you have choosen the right pairing, we've highlighted this too. Click on “SPEED/BTC” to go on.
Step 4 – Purchasing (SPEED) Speed Coin After you have located (SPEED) Speed Coin, you'll be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). Next we're making our own Limit Order. The ”Price” field will be filled automatically with the latest rate (SPEED) Speed Coin was traded for. This can be changed to your favoured price. The ”Amount” field is the volumen of SPEED you like to purchase. The ”Total” field is the aggregated price in BTC that you'll settle for the complete volumen of SPEED. If you are glad, click on “Buy SPEED”. Your plan will be filled when a Vendor trades their SPEED for the price you submitted.
Step 5 – Withdraw Speed Coin (SPEED) Unless you are regularly trading, best advise is not to keep coins on an Crypto Trader for an extensive period of time. In order to take off your Speed Coin (SPEED), go to the ”Funds” tab and click on “Withdraw”. Speed Coin (SPEED) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Speed Coin (SPEED) by using the provided drop-down box. Enter the quantity of Speed Coin (SPEED) you would like to take off. Take into account the shown fees/minimums. Also make sure you have filled your correct withdraw address. If you are satisfied, click “Submit”. You could be requested for verfication via email/phone ahead of a withdrawal.