A Step-by-Step-Guide on how to buy Swarm City (SWT)
Step 1 – Join CEX.io In the beginning you'll need to purchase one of the bigger coins. Exchanges usually accept either Ethereum or Bitcoin in exchange for alternative Coins. Click below to register and receive your Ethereum or Bitcoin.
Step 2 – Transfer Your Funds to an Crypto Trader Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is identical. Swarm City (SWT) is accessible on Binance, so we will use that as an example. Unsure on how to send funds from Coinbase to an Crypto Trader? (Follow this manual) Make sure you've chosen the exact coin you would like to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etcetera. In the case you are using a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our guide).
Step 3 – Find (SWT) Swarm City As soon as your deposit has been affirmed, you'll instantly have access to your finances and you can initiate purchasing and trading. To buy (SWT) Swarm City on Binance, you'll want to hover over the ”Exchange” tab and then mouse click on “Basic”. To spot (SWT) Swarm City, you'll need to insert the short name of the asset (SWT) into the search-box, which is highlighted in the picture. Make sure you have choosen the proper grouping, we have highlighted this too. Click on “SWT/BTC” to continue.
Step 4 – Acquisition of Swarm City (SWT) After you've discovered Swarm City (SWT), you will be given a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). For now we are going to make our own Limit Order. The ”Price” field will be filled with the up-to-date rate Swarm City (SWT) was sold for. You can change this to your favoured rate. The field with the “Amount” tag is the quantity of SWT you want to purchase. The field with the “Total” tag is the aggregated price in Bitcoin that you will settle for the whole quantity of SWT. If you are happy, click on “Buy SWT”. Your plan will be filled when a Vender sells their SWT for the price you submitted.
Step 5 – Withdraw Swarm City (SWT) Unless you're regularly trading, you should never keepyour coins on an Cryptocurrency Exchange for an longer period of time. In order to withdraw your Swarm City (SWT), go to the tab called “Funds” and mouse click on “Withdraw”. Swarm City (SWT) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Swarm City (SWT) by using the given drop-down box. Put into the amount of Swarm City (SWT) you would wish to withdraw. Take into account the presented minimus/fees. Also make sure you have filled your precise withdraw address. If you're happy, click “Submit”. You could be asked for phone/email verification ahead of a withdrawal.