A Step-by-Step-Guide on how to buy Sumokoin (SUMO)
Step 1 – Signup to CEX.io You'll first need to buy one of the major coins. Exchanges normally accept either Bitcoin or Ethereum in exchange for Altcoins. Click below to register and receive your Bitcoin or Ethereum.
Step 2 – Transfer Your Ethereum or Bitcoin to an Crypto Exchange Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is alike. Sumokoin (SUMO) is obtainable on Binance, so we will use that as an illustration. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Follow this manual) Make sure you have chosen the right coin you wish to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, et cetera. If you're using a decentralized exchange, like Airswap or DDEX could be opposed (Follow these easy steps).
Step 3 – Find (SUMO) Sumokoin As soon as your deposit has been confirmed, you will now have access to your finances and you can initiate invest and trading. To invest in (SUMO) Sumokoin on Binance, you will want to hover over the tab which is called “Exchange” and after that click on “Basic”. To spot (SUMO) Sumokoin, you will need to put the shortname of the coin (SUMO) into the search-box, which is marked in the graphic. Be certain of having choosen the proper pairing, we have marked this too. Click on “SUMO/BTC” to advance.
Step 4 – Purchasing (SUMO) Sumokoin Once you have spotted (SUMO) Sumokoin, you'll be given a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). For now we're making our Limit Order. The ”Price” field will be filled automatically with the up-to-date valuation (SUMO) Sumokoin was traded for. You can change this to your favoured price. The field with the “Amount” tag is the volumen of SUMO you want to buy. The ”Total” field is the aggregated price in Bitcoin that you'll settle for the complete volumen of SUMO. If you are satisfied, make a mouse click on “Buy SUMO”. Your order will be filled when a Vender sells their SUMO for the price you gave.
Step 5 – Withdraw Sumokoin (SUMO) Unless you are frequently trading, you should never keepyour crypto on an Exchange for an extensive time period. To withdraw your Sumokoin (SUMO), hover over the ”Funds” tab and click on “Withdraw”. Sumokoin (SUMO) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Sumokoin (SUMO) by using the provided drop-down box. Enter the amount of Sumokoin (SUMO) you'd wish to withdraw. Take into account the presented fees/minimums. Also make sure you have entered your right withdraw address. If you are happy, click on “Submit”. You may be asked for verfication via email/phone before a take off.