A Step-by-Step-Guide on how to buy Stakenet (XSN)
Step 1 – Signup to CEX.io You'll first need to purchase one of the bigger coins. Exchanges usually accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Click the button below for registration and receive your Bitcoin or Ethereum.
Step 2 – Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Exchange Your Bitcoin or Ethereum will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is similar. Stakenet (XSN) is available on Binance, so we will use that as an illustration. Not sure on how to send funds from Coinbase to an Crypto Trader? (Just follow this manual) Make sure you've chosen the exact coin you want to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etcetera. If you are using a decentralized exchange, like Airswap or DDEX could be different (Just follow our guide).
Step 3 – Find Stakenet (XSN) As soon as your deposit has been confirmed, you will immediately have access to your finances and you can start buying and trading. To purchase Stakenet (XSN) on Binance, you'll want to go to the ”Exchange” tab and then click on “Basic”. To locate Stakenet (XSN), you will need to put the shortname of the coin (XSN) into the search-box, which is highlighted in the image. Be certain of having choosen the correct grouping, we've highlighted this too. Click on “XSN/BTC” to continue.
Step 4 – Buying Stakenet (XSN) Once you have found Stakenet (XSN), you will be given a Price Chart (in the Center of the image) and a few Order Books (Leftside of the picture). For now we're going to create our own Limit Order. The ”Price” field will be filled automatically with the most recent valuation Stakenet (XSN) was traded for. This can be changed to your preferred price. The field with the “Amount” tag is the amount of XSN you want to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you will pay for the whole amount of XSN. When you're glad, click on “Buy XSN”. Your plan will be filled as soon as a Vender sells their XSN for the price you gave.
Step 5 – Withdraw Stakenet (XSN) Unless you're frequently trading, never keep your crypto on an Cryptocurrency Exchange for an extensive time frame. In order to take off your Stakenet (XSN), go to the ”Funds” tab and click on “Withdraw”. Stakenet (XSN) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Stakenet (XSN) by using the provided drop-down box. Enter the volumen of Stakenet (XSN) you would like to take off. Don't forget the shown fees/minimums. Also make sure you have entered your right withdraw address. If you are satisfied, make a mouse click on “Submit”. You may be requested for verfication via phone/email before a withdrawal.