A Step-by-Step-Guide on how to buy SteepCoin (STEEP)
Step 1 – Signup to CEX.io You will first need to buy units of the major currencies. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Follow the Link below to register and getting your BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Send Your Bitcoin (BTC) or Ethereum (ETH) to an Cryptocurrency Exchange Your Ethereum or Bitcoin has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is similar. SteepCoin (STEEP) is accessible on Binance, so we're going to use that as an illustration. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this manual) Make sure you've chosen the precise coin you would like to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etc. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our guide).
Step 3 – Locate SteepCoin (STEEP) Once your deposit has been verified, you'll instantly have access to your assets and you can initiate invest and trading. To purchase SteepCoin (STEEP) on Binance, you'll want to hover over the tab which is called “Exchange” and after that mouse click on “Basic”. To spot SteepCoin (STEEP), you'll need to put the shortname of the coin (STEEP) into the search box, which is highlighted in the graphic. Make sure you have selected the proper pairing, we've highlighted this also. Click on “STEEP/BTC” to proceed.
Step 4 – Purchasing SteepCoin (STEEP) Once you have found SteepCoin (STEEP), you will be presented with a Price Chart (in the Center of the image) and some Order Books (on the Left of the image). And now we are creating our own Limit Order. The ”Price” field will be automatically filled with the most recent price SteepCoin (STEEP) was traded for. You can change this to your desired price. The ”Amount” field is the amount of STEEP you wish to purchase. The ”Total” field is the whole price in Bitcoin that you'll pay for the whole amount of STEEP. If you're satisfied, click on “Buy STEEP”. Your plan will be filled when a Seller sells their STEEP for the price you introduced.
Step 5 – Withdraw SteepCoin (STEEP) Unless you are regularly trading, best advise is not to keep crypto on an Cryptocurrency Exchange for an longer period of time. To take off your SteepCoin (STEEP), go to the tab called “Funds” and mouse click on “Withdraw”. SteepCoin (STEEP) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate SteepCoin (STEEP) by using the provided drop-down box. Enter the volumen of SteepCoin (STEEP) you would wish to take off. Don't forget the presented minimus/fees. Also make sure you have entered your right withdraw address. If you are happy, click “Submit”. You may be requested for verfication via phone/email ahead of a withdrawal.