A Step-by-Step-Guide on how to buy Scala (XLA)
Step 1 – Signup to Coinbase and get 10$ for free You'll first need to purchase units of the major currencies. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Click below for registration and receive your first 10$.
Step 2 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Exchange Your Ethereum or Bitcoin will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is similar. Scala (XLA) is obtainable on Binance, so we're going to use that as an sample. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this how-to) Make sure you've chosen the correct coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etcetera. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be different (Just follow our guide).
Step 3 – Find Scala (XLA) Once your deposit has been affirmed, you will immediately have access to your finances and you can start invest and trading. To buy Scala (XLA) on Binance, you will want to hover over the ”Exchange” tab and then mouse click on “Basic”. In order to locate Scala (XLA), you will need to insert the shortname of the coin (XLA) into the search-box, which is marked in the picture. Be certain of having selected the right pairing, we've marked this also. Click on “XLA/BTC” to go ahead.
Step 4 – Buying (XLA) Scala Once you've discovered (XLA) Scala, you'll be given a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). And now we are making our Limit Order. The field with the “Price” tag will be filled automatically with the most up-to-date price (XLA) Scala was traded for. This can be changed to your desired price. The ”Amount” field is the quantity of XLA you like to buy. The field with the “Total” tag is the whole price in BTC that you'll settle for the complete quantity of XLA. When you are happy, make a mouse click on “Buy XLA”. Your plan will be filled when a Seller sells their XLA for the price you gave.
Step 5 – Withdraw Scala (XLA) Unless you are trading, never keep your crypto coins on an Cryptocurrency Exchange for an extensive time period. In order to take off your Scala (XLA), hover over the tab called “Funds” and click on “Withdraw”. Scala (XLA) can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Scala (XLA) by using the provided drop-down box. Drop in the amount of Scala (XLA) you would like to take off. Don't forget the demonstrated fees/minimums. Also make sure you have filled your correct withdraw address. If you are happy, make a mouse click on “Submit”. You could be asked for email/phone verification before a withdrawal.