A Step-by-Step-Guide on where to buy SongCoin (SONG)
Step 1 – Join CEX.io You'll first need to buy units of the major currencies. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Click below for registration and to get your Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Cryptocurrency Exchange Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is similar. SongCoin (SONG) is obtainable on Binance, so we will use that as an example. Unsure on how to send funds from Coinbase to an Exchange? (Follow this how-to) Make sure you have chosen the exact coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so on. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our manual).
Step 3 – Find SongCoin (SONG) As soon as your deposit has been approved, you'll immediately have access to your funds and you can begin purchasing and trading. To invest in SongCoin (SONG) on Binance, you'll want to go to the ”Exchange” tab and after that click on “Basic”. In order to discover SongCoin (SONG), you will need to put the cointype (SONG) into the search-box, which is marked in the picture. Make sure you have selected the correct pairing, we've marked this too. Click on “SONG/BTC” to continue.
Step 4 – Purchasing SongCoin (SONG) After you have spotted SongCoin (SONG), you will be presented with a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the image). And now we're making our Limit Order. The ”Price” field will be filled with the latest price SongCoin (SONG) was sold for. This can be changed to your preferred price. The field with the “Amount” tag is the quantity of SONG you wish to buy. The ”Total” field is the total price in Bitcoin that you will settle for the complete volumen of SONG. If you are happy, make a mouse click on “Buy SONG”. Your order will be filled when a Seller trades their SONG for the price you gave.
Step 5 – Withdraw SongCoin (SONG) Unless you're trading, never keep your crypto coins on an Exchange for an extended time frame. In order to withdraw your SongCoin (SONG), hover over the tab called “Funds” and click on “Withdraw”. SongCoin (SONG) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find SongCoin (SONG) by using the given drop-down box. Put into the amount of SongCoin (SONG) you'd like to withdraw. Don't forget the demonstrated minimus/fees. Also make sure you have filled your correct withdraw address. When you're satisfied, make a mouse click on “Submit”. You could be asked for email/phone verification before a take off.