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How to Buy Sumokoin (SUMO)

A Step-by-Step-Guide on how to buy Sumokoin (SUMO)

Step 1 – Signup to CEX.io

You will first need to purchase units of the major currencies. Exchanges usually accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Click the button below to register and receive your Ethereum or Bitcoin.

Binance Signup
Step 2 – Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Trader

Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. Sumokoin (SUMO) is accessible on Binance, so we will use that as an sample. Unsure on how to send Coinbase funds to an Crypto Trader? (Follow this how-to)

Make sure you've selected the exact coin you would like to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so forth. If you are working with a decentralized exchange, like Airswap or DDEX could be opposed (Follow our manual).

Step 3 – Find Sumokoin (SUMO)

Once your deposit has been verified, you will immediately have access to your assets and you can commence purchasing and trading. To buy Sumokoin (SUMO) on Binance, you will want to go to the tab which is called “Exchange” and after that mouse click on “Basic”.

To find Sumokoin (SUMO), you will need to put the short name of the asset (SUMO) into the search box, which is highlighted in the graphic. Make sure you have selected the right pairing, we have highlighted this also. Click on “SUMO/BTC” to advance.

{How to buy Coin on Binance 1|Binance How To Buy 1} Sumokoin (SUMO)
Step 4 – Buying Sumokoin (SUMO)

Once you have located Sumokoin (SUMO), you will be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the picture). For now we are making our Limit Order.

The ”Price” field will be automatically filled with the latest valuation Sumokoin (SUMO) was sold for. This can be changed to your preferred price. The ”Amount” field is the amount of SUMO you want to buy. The field with the “Total” tag is the whole price in BTC that you will pay for the whole amount of SUMO.

If you're happy, make a mouse click on “Buy SUMO”. Your plan will be filled when a Vender trades their SUMO for the price you submitted.

Step 5 – Withdraw Sumokoin (SUMO)

Unless you're frequently trading, never keep your crypto on an Crypto Trader for an longer period of time. In order to withdraw your Sumokoin (SUMO), hover over the tab called “Funds” and click on “Withdraw”. Sumokoin (SUMO) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Sumokoin (SUMO) by using the provided drop-down box. Drop in the quantity of Sumokoin (SUMO) you would like to withdraw. Don't forget the demonstrated minimus/fees. Also make sure you have filled your precise withdraw address.

If you're glad, make a mouse click on “Submit”. You may be asked for verfication via phone/email ahead of a take off.

Kudos! You've successfully purchased and stored Sumokoin (SUMO).

That's it!

Withdrawals from Cryptocurrency Exchange can durate anywhere from 1 – 30 minutes (depending on usage of the network). As soon as you've confirmed your take off using Ethplorer.io or Etherscan.io and the Sumokoin (SUMO) is safe within your wallet, you are all done.

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