How to Buy SimpleChain (SIPC)

A Step-by-Step-Guide on how to buy SimpleChain (SIPC)

Step 1 – Join eToro

You will first need to buy one of the top-tier currencies. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Follow the Link below for registration and receive yEthereum (ETH) or Bitcoin (BTC).

Binance Signup
Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Cryptocurrency Exchange

Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. SimpleChain (SIPC) is available on Binance, so we're going to use that as an sample. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Follow this guide)

Make sure you have chosen the correct coin you want to deposit.

BTC must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, etcetera. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our manual).

Step 3 – Find SimpleChain (SIPC)

Once your deposit has been approved, you will directly have access to your assets and you can launch invest and trading. To buy SimpleChain (SIPC) on Binance, you'll want to go to the “Exchange” tab and after that mouse click on “Basic”.

To find SimpleChain (SIPC), you'll need to insert the shortname of the coin (SIPC) into the search-box, which is marked in the picture. Be certain of having choosen the right pairing, we have marked this also. Click on “SIPC/BTC” to advance.

How to buy Coin on Binance 1 SimpleChain (SIPC)
Step 4 – Purchase SimpleChain (SIPC)

After you've spotted (SIPC) SimpleChain, you'll be presented with a Price Chart (in the Center of the picture) and some Order Books (Leftside of the image). And now we're making our own Limit Order.

The field with the “Price” tag will be automatically filled with the recent valuation (SIPC) SimpleChain was sold for. This can be changed to your desired rate. The field with the “Amount” tag is the volumen of SIPC you want to purchase. The field with the “Total” tag is the total price in BTC that you'll settle for the whole quantity of SIPC.

If you're happy, click on “Buy SIPC”. Your order will be filled as soon as a Vendor sells their SIPC for the price you gave.

Step 5 – Withdraw (SIPC) SimpleChain

Unless you are regularly trading, you should never keepyour crypto coins on an Crypto Trader for an extended time period. To withdraw your (SIPC) SimpleChain, hover over the tab called “Funds” and click on “Withdraw”. (SIPC) SimpleChain can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (SIPC) SimpleChain by using the provided drop-down box. Drop in the quantity of (SIPC) SimpleChain you would wish to take off. Don't forget the demonstrated fees/minimums. Also make sure you have entered your precise withdraw address.

When you're happy, click on “Submit”. You may be requested for email/phone verification ahead of a withdrawal.

Congratulations! You have successfully bought and safed (SIPC) SimpleChain.

That's it!

Take offs from Exchange can durate anywhere from 1 – 30 minutes (rely on network usage). As soon as you have proved your withdrawal with Ethplorer.io or Etherscan.io and the (SIPC) SimpleChain is safe within your wallet, you are done.