A Step-by-Step-Guide on how to buy sXAU (SXAU)
Step 1 – Signup to CEX.io You'll first need to buy one of the bigger currencies. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Click below for registration and getting your Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Send Your Bitcoin or Ethereum to an Cryptocurrency Exchange Your Bitcoin or Ethereum will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. sXAU (SXAU) is obtainable on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this guide) Make sure you have selected the correct coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so on. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our how-to).
Step 3 – Find sXAU (SXAU) Once your deposit has been confirmed, you'll now have access to your funds and you can initiate invest and trading. To buy sXAU (SXAU) on Binance, you'll want to go to the tab which is called “Exchange” and then mouse click on “Basic”. In order to find sXAU (SXAU), you'll need to insert the shortname of the coin (SXAU) into the search box, which is marked in the graphic. Make sure you have choosen the proper pairing, we've marked this too. Click on “SXAU/BTC” to go ahead.
Step 4 – Purchase sXAU (SXAU) After you have discovered sXAU (SXAU), you'll be given a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). And now we're creating our Limit Order. The field with the “Price” tag will be filled with the most up-to-date price sXAU (SXAU) was sold for. You can change this to your desired price. The ”Amount” field is the amount of SXAU you wish to buy. The field with the “Total” tag is the total price in BTC that you will pay for the complete amount of SXAU. If you're happy, click on “Buy SXAU”. Your plan will be filled as soon as a Seller trades their SXAU for the price you gave.
Step 5 – Withdraw sXAU (SXAU) Unless you are frequently trading, you should never keepyour crypto coins on an Exchange for an longer time period. In order to take off your sXAU (SXAU), hover over the tab called “Funds” and click on “Withdraw”. sXAU (SXAU) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find sXAU (SXAU) by using the provided drop-down box. Put into the amount of sXAU (SXAU) you'd like to take off. Don't forget the shown fees/minimums. Also make sure you have filled your correct withdraw address. When you are glad, make a mouse click on “Submit”. You could be asked for verfication via phone/email ahead of a take off.