A Step-by-Step-Guide on where to buy Serum (SRM)
Step 1 – Join CEX.io You'll first need to purchase one of the bigger coins. Exchanges normally accept either Ethereum or Bitcoin in exchange for alternative Coins. Click the button below for registration and getting your Ethereum or Bitcoin.
Step 2 – Send Your Bitcoin or Ethereum to an Crypto Exchange Your Bitcoin or Ethereum has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is alike. Serum (SRM) is obtainable on Binance, so we will use that as an sample. Not sure on how to send funds from Coinbase to an Crypto Trader? (Follow this manual) Make sure you've 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. In the case you're working with a decentralized exchange, like Airswap or DDEX could be different (Follow our guide).
Step 3 – Find Serum (SRM) Once your deposit has been confirmed, you'll directly have access to your assets and you can commence buying and trading. To invest in Serum (SRM) on Binance, you will want to hover over the ”Exchange” tab and then mouse click on “Basic”. To spot Serum (SRM), you will need to insert the shortname of the coin (SRM) into the search box, which is marked in the graphic. Be certain of having choosen the right grouping, we have highlighted this also. Click on “SRM/BTC” to advance.
Step 4 – Acquisition of Serum (SRM) Once you have found Serum (SRM), you will be given a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the image). For now we are creating our own Limit Order. The ”Price” field will be automatically filled with the recent rate Serum (SRM) was sold for. You can change this to your desired rate. The ”Amount” field is the volumen of SRM you want to buy. The ”Total” field is the whole price in BTC that you'll pay for the complete quantity of SRM. If you're satisfied, click on “Buy SRM”. Your order will be filled when a Seller trades their SRM for the price you submitted.
Step 5 – Withdraw Serum (SRM) Unless you are regularly trading, you should never keepyour crypto coins on an Crypto Trader for an longer time period. To withdraw your Serum (SRM), hover over the ”Funds” tab and mouse click on “Withdraw”. Serum (SRM) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Serum (SRM) by using the provided drop-down box. Enter the quantity of Serum (SRM) you'd like to take off. Don't forget the presented minimus/fees. Also make sure you have entered your precise withdraw address. When you are happy, make a mouse click on “Submit”. You may be requested for verfication via phone/email before a take off.