A Step-by-Step-Guide on how to buy Social Activity Token (SAT)
Step 1 – Signup to CEX.io In the beginning you'll need to purchase one of the major coins. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Click below for registration and to get your ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Transmit Your Ethereum or Bitcoin to an Exchange Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Exchange now. Every exchange has a deposit form that is identical. Social Activity Token (SAT) is accessible on Binance, so we're going to use that as an example. Unsure on how to send Coinbase funds to an Exchange? (Follow this how-to) Make sure you have chosen the correct coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so forth. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Follow our how-to).
Step 3 – Find Social Activity Token (SAT) As soon as your deposit has been affirmed, you will now have access to your finances and you can start buying and trading. To invest in Social Activity Token (SAT) on Binance, you will want to hover over the tab which is called “Exchange” and mouse click on “Basic”. In order to locate Social Activity Token (SAT), you will need to put the short name of the asset (SAT) into the search-box, which is highlighted in the image. Be certain of having choosen the right pairing, we've highlighted this too. Click on “SAT/BTC” to continue.
Step 4 – Purchasing Social Activity Token (SAT) As soon as you have discovered Social Activity Token (SAT), you will be presented with a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). For now we are going to make our Limit Order. The ”Price” field will be filled automatically with the latest rate Social Activity Token (SAT) was traded for. You can change this to your favoured rate. The field with the “Amount” tag is the amount of SAT you want to purchase. The ”Total” field is the total price in Bitcoin that you will pay for the complete amount of SAT. When you're satisfied, click on “Buy SAT”. Your plan will be filled as soon as a Seller trades their SAT for the price you gave.
Step 5 – Withdraw Social Activity Token (SAT) Unless you are regularly trading, best advise is not to keep crypto coins on an Exchange for an extended time period. In order to withdraw your Social Activity Token (SAT), go to the ”Funds” tab and mouse click on “Withdraw”. Social Activity Token (SAT) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Social Activity Token (SAT) by using the provided drop-down box. Put into the quantity of Social Activity Token (SAT) you'd wish to withdraw. Take into account the demonstrated minimus/fees. Also make sure you have entered your correct withdraw address. If you are happy, make a mouse click on “Submit”. You may be requested for verfication via phone/email ahead of a take off.