A Step-by-Step-Guide on how to buy SocketFinance (SFI)
Step 1 – Signup to Coinbase and receive 10$ in Bitcoin In the beginning you'll need to buy one of the major currencies. Exchanges normally accept either Bitcoin or Ethereum in exchange for alternative Coins. Follow the Link below to register and to get Ethereum or Bitcoin.
Step 2 – Transmit Your Ethereum or Bitcoin to an Crypto Exchange Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is alike. SocketFinance (SFI) is available 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 these easy steps) Make sure you have selected the correct coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so forth. In the case you are dealing with a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our manual).
Step 3 – Find (SFI) SocketFinance Once your deposit has been affirmed, you will directly have access to your funds and you can begin purchasing and trading. To invest in SocketFinance (SFI) on Binance, you'll want to go to the tab which is called “Exchange” and after that click on “Basic”. In order to discover SocketFinance (SFI), you will need to put the cointype (SFI) into the search box, which is highlighted in the graphic. Make sure you have selected the right grouping, we've highlighted this too. Click on “SFI/BTC” to proceed.
Step 4 – Purchasing SocketFinance (SFI) After you have located SocketFinance (SFI), you'll be presented with a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). For now we're creating our Limit Order. The “Price” field will be automatically filled with the most recent valuation (SFI) SocketFinance was traded for. You can change this to your desired rate. The field with the “Amount” tag is the amount of SFI you wish to purchase. The “Total” field is the aggregated price in BTC that you will settle for the whole quantity of SFI. When you are satisfied, make a mouse click on “Buy SFI”. Your order will be filled when a Vender trades their SFI for the price you introduced.
Step 5 – Withdraw SocketFinance (SFI) Unless you're frequently trading, you should never keepyour crypto coins on an Crypto Exchange for an extensive period of time. In order to take off your SocketFinance (SFI), hover over the “Funds” tab and click on “Withdraw”. SocketFinance (SFI) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate (SFI) SocketFinance by using the given drop-down box. Put into the amount of SocketFinance (SFI) you would like to take off. Take into account the demonstrated fees/minimums. Also make sure you have entered your right withdraw address. When you're glad, click “Submit”. You could be requested for verfication via email/phone ahead of a withdrawal.