A Step-by-Step-Guide on how to buy SIBCoin (SIB)
Step 1 – Join Coinbase and recieve 10$ for free In the beginning you'll need to purchase one of the major coins. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Click the button below to register and getting your welcome $10.
Step 2 – Transmit Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Trader Your Ethereum or Bitcoin will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is identical. SIBCoin (SIB) is available on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Exchange? (Just follow this guide) Make sure you have chosen the precise coin you would like to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, and so forth. In the case you're using a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our how-to).
Step 3 – Locate (SIB) SIBCoin As soon as your deposit has been confirmed, you'll immediately have access to your finances and you can start invest and trading. To invest in SIBCoin (SIB) on Binance, you will want to go to the tab which is called “Exchange” and then click on “Basic”. To discover SIBCoin (SIB), you'll need to put the short name of the asset (SIB) into the search box, which is highlighted in the image. Be certain of having selected the correct grouping, we've marked this too. Click on “SIB/BTC” to progress.
Step 4 – Purchasing SIBCoin (SIB) As soon as you have discovered (SIB) SIBCoin, you will be given a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the image). For now we are going to create our own Limit Order. The “Price” field will be filled automatically with the most recent rate (SIB) SIBCoin was traded for. You can change this to your desired rate. The “Amount” field is the amount of SIB you wish to purchase. The field with the “Total” tag is the total price in Bitcoin that you'll pay for the complete quantity of SIB. When you are happy, click on “Buy SIB”. Your plan will be filled as soon as a Seller sells their SIB for the price you gave.
Step 5 – Withdraw SIBCoin (SIB) Unless you are regularly trading, best advise is not to keep your coins on an Crypto Trader for an extensive time frame. In order to take off your (SIB) SIBCoin, hover over the tab called “Funds” and mouse click on “Withdraw”. SIBCoin (SIB) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find SIBCoin (SIB) by using the provided drop-down box. Drop in the quantity of SIBCoin (SIB) you'd like to take off. Take into account the displayed fees/minimums. Also make sure you have entered your precise withdraw address. When you are happy, make a mouse click on “Submit”. You may be asked for verfication via phone/email ahead of a withdrawal.