A Step-by-Step-Guide on how to buy Spendcoin (SPND)
Step 1 – Signup to CEX.io In the beginning you'll need to purchase one of the top-tier coins. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Click below to register and receive your ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Transmit Your Ethereum or Bitcoin to an Exchange Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Exchange now. Every exchange has a deposit form that is identical. Spendcoin (SPND) is accessible on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Exchange? (Follow this guide) Make sure you have selected the correct coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so forth. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our how-to).
Step 3 – Find Spendcoin (SPND) Once your deposit has been affirmed, you'll instantly have access to your funds and you can commence purchasing and trading. To buy Spendcoin (SPND) on Binance, you'll want to go to the tab which is called “Exchange” and click on “Basic”. To discover Spendcoin (SPND), you'll need to insert the cointype (SPND) into the search box, which is highlighted in the image. Be certain of having selected the right pairing, we have highlighted this too. Click on “SPND/BTC” to go on.
Step 4 – Buy Spendcoin (SPND) After you have found Spendcoin (SPND), you will be given a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the image). Next we're creating our Limit Order. The field with the “Price” tag will be filled with the most up-to-date price Spendcoin (SPND) was sold for. This can be changed to your preferred price. The ”Amount” field is the amount of SPND you wish to purchase. The field with the “Total” tag is the whole price in Bitcoin that you will pay for the whole amount of SPND. If you are happy, click on “Buy SPND”. Your plan will be filled as soon as a Vender trades their SPND for the price you introduced.
Step 5 – Withdraw Spendcoin (SPND) Unless you're frequently trading, best advise is not to keep your crypto on an Cryptocurrency Exchange for an extended time period. In order to withdraw your Spendcoin (SPND), go to the ”Funds” tab and click on “Withdraw”. Spendcoin (SPND) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Spendcoin (SPND) by using the given drop-down box. Enter the amount of Spendcoin (SPND) you'd wish to withdraw. Don't forget the shown fees/minimums. Also make sure you have entered your correct withdraw address. If you're satisfied, click on “Submit”. You may be asked for email/phone verification ahead of a withdrawal.