A Step-by-Step-Guide on how to buy sXRP (SXRP)
Step 1 – Signup to Coinbase and recieve 10$ for free You'll first need to purchase units of the bigger coins. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Click the button below to register and to get your first $10.
Step 2 – Send Your BTC (Bitcoin) or ETH (Ethereum) to an Exchange Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Exchange now. All exchanges have a deposit form that is alike. sXRP (SXRP) is available on Binance, so we're going to use that as an illustration. Unsure on how to send Coinbase funds to an Exchange? (Just follow this how-to) Make sure you've selected the precise 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, such as Airswap or DDEX could be divergent (Just follow our guide).
Step 3 – Locate sXRP (SXRP) Once your deposit has been approved, you will directly have access to your assets and you can begin invest and trading. To purchase sXRP (SXRP) on Binance, you will want to go to the ”Exchange” tab and after that mouse click on “Basic”. To find sXRP (SXRP), you will need to put the shortname of the coin (SXRP) into the search box, which is marked in the picture. Be certain of having choosen the right grouping, we've marked this too. Click on “SXRP/BTC” to go ahead.
Step 4 – Purchase sXRP (SXRP) Once you have located sXRP (SXRP), you'll be presented with a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). Next we're creating our own Limit Order. The ”Price” field will be automatically filled with the most recent valuation sXRP (SXRP) was traded for. This can be changed to your favoured price. The field with the “Amount” tag is the volumen of SXRP you wish to buy. The field with the “Total” tag is the total price in Bitcoin that you will settle for the complete volumen of SXRP. When you are satisfied, click on “Buy SXRP”. Your plan will be filled as soon as a Vendor sells their SXRP for the price you introduced.
Step 5 – Withdraw sXRP (SXRP) Unless you are regularly trading, best advise is not to keep crypto on an Exchange for an longer period of time. To withdraw your sXRP (SXRP), hover over the ”Funds” tab and click on “Withdraw”. sXRP (SXRP) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate sXRP (SXRP) by using the given drop-down box. Drop in the volumen of sXRP (SXRP) you would wish to withdraw. Don't forget the shown minimus/fees. Also make sure you have filled your correct withdraw address. If you are happy, click “Submit”. You may be requested for verfication via email/phone before a take off.