How to Buy SovranoCoin (SVR)

A Step-by-Step-Guide on how to buy SovranoCoin (SVR)

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

You will first need to purchase units of the major coins. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Follow the Link below for registration and getting Ethereum or Bitcoin.

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

Your Bitcoin or Ethereum will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is similar. SovranoCoin (SVR) is accessible on Binance, so we will use that as an sample. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this guide)

Make sure you have chosen the correct coin you would like to deposit.

Bitcoin must be sent to a BTC deposit address, ETH to an Ethereum deposit address, and so forth. In the case you're using a decentralized exchange, such as Airswap or DDEX could be different (Just follow our how-to).

Step 3 – Locate SovranoCoin (SVR)

As soon as your deposit has been affirmed, you'll directly have access to your funds and you can commence invest and trading. To purchase (SVR) SovranoCoin on Binance, you will want to hover over the tab which is called “Exchange” and then click on “Basic”.

To find (SVR) SovranoCoin, you'll need to put the shortname of the coin (SVR) into the search box, which is highlighted in the image. Make sure you have selected the proper grouping, we've highlighted this also. Click on “SVR/BTC” to advance.

How to buy Coin on Binance 1 SovranoCoin (SVR)
Step 4 – Acquisition of SovranoCoin (SVR)

After you have found (SVR) SovranoCoin, you'll be presented with a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). Next we're going to make our own Limit Order.

The field with the “Price” tag will be filled with the up-to-date valuation (SVR) SovranoCoin was sold for. You can change this to your preferred rate. The “Amount” field is the amount of SVR you wish to purchase. The “Total” field is the aggregated price in Bitcoin that you'll pay for the complete quantity of SVR.

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

Step 5 – Withdraw SovranoCoin (SVR)

Unless you're trading, never keep your coins on an Cryptocurrency Exchange for an extensive time period. To take off your (SVR) SovranoCoin, go to the “Funds” tab and mouse click on “Withdraw”. (SVR) SovranoCoin can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find (SVR) SovranoCoin by using the provided drop-down box. Drop in the quantity of SovranoCoin (SVR) you would wish to take off. Don't forget the demonstrated fees/minimums. Also make sure you have filled your right withdraw address.

When you're satisfied, make a mouse click on “Submit”. You could be asked for verfication via phone/email before a take off.

Kudos! You have successfully purchased and safed SovranoCoin (SVR).

That's it!

Take offs from Cryptocurrency Exchange can take anywhere from 1 – 30 minutes (depending on network usage). Once you've confirmed your withdrawal with Etherscan.io or Ethplorer.io and the SovranoCoin (SVR) is safe inside your wallet, you are all done.