How to Buy ShipChain (SHIP)

A Step-by-Step-Guide on how to buy ShipChain (SHIP)

Step 1 – Signup to Coinbase and receive 10$ in Bitcoin

In the beginning you'll need to purchase units of the major coins. Exchanges commonly accept either Bitcoin or Ethereum in exchange for alternative Coins. Click the button below for registration and getting Bitcoin or Ethereum.

Binance Signup
Step 2 – Transfer Your Funds to an Crypto Trader

Your Ethereum or Bitcoin has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is similar. ShipChain (SHIP) is accessible on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this guide)

Make sure you have chosen the exact coin you wish to deposit.

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so on. In the case you're working with a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our manual).

Step 3 – Find (SHIP) ShipChain

Once your deposit has been verified, you'll immediately have access to your finances and you can commence invest and trading. To invest in ShipChain (SHIP) on Binance, you will want to go to the tab which is called “Exchange” and click on “Basic”.

In order to find (SHIP) ShipChain, you'll need to put the short name of the asset (SHIP) into the search box, which is highlighted in the picture. Make sure you have choosen the proper grouping, we've marked this also. Click on “SHIP/BTC” to proceed.

Binance How To Buy 1 ShipChain (SHIP)
Step 4 – Acquisition of ShipChain (SHIP)

As soon as you have discovered ShipChain (SHIP), you'll be given a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). For now we are going to create our own Limit Order.

The “Price” field will be automatically filled with the most recent valuation ShipChain (SHIP) was sold for. You can change this to your favoured rate. The “Amount” field is the quantity of SHIP you like to purchase. The field with the “Total” tag is the total price in Bitcoin that you'll pay for the complete amount of SHIP.

When you're glad, make a mouse click on “Buy SHIP”. Your plan will be filled as soon as a Vender trades their SHIP for the price you gave.

Step 5 – Withdraw ShipChain (SHIP)

Unless you're frequently trading, best advise is not to keep your crypto on an Crypto Trader for an extensive time frame. In order to withdraw your ShipChain (SHIP), go to the “Funds” tab and click on “Withdraw”. ShipChain (SHIP) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (SHIP) ShipChain by using the provided drop-down box. Drop in the volumen of ShipChain (SHIP) you'd like to withdraw. Take into account the shown fees/minimums. Also make sure you have entered your correct withdraw address.

When you are happy, click “Submit”. You may be asked for email/phone verification before a take off.

Congratulations! You have successfully bought and stored (SHIP) ShipChain.

That's it!

Take offs from Exchange can take anywhere from 1 – 30 minutes (rely on network usage). Once you have proved your withdrawal using Etherscan.io or Ethplorer.io and the (SHIP) ShipChain is safe in your wallet, you're all done.