How to Buy SpankChain (SPANK)

A Step-by-Step-Guide on how to buy SpankChain (SPANK)

Step 1 – Join Coinbase and receive 10$ in Bitcoin

In the beginning you'll need to purchase units of the bigger currencies. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Click the button below for registration and to get Ethereum (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) will need to be sent over to an Exchange now. Every exchange has a deposit form that is similar. SpankChain (SPANK) is available on Binance, so we will use that as an illustration. Not sure on how to send Coinbase funds to an Exchange? (Follow this manual)

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

Bitcoin must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so forth. In the case you are using a decentralized exchange, like Airswap or DDEX could be divergent (Follow our guide).

Step 3 – Locate (SPANK) SpankChain

Once your deposit has been approved, you will instantly have access to your assets and you can commence buying and trading. To buy SpankChain (SPANK) on Binance, you'll want to go to the “Exchange” tab and after that mouse click on “Basic”.

To discover (SPANK) SpankChain, you'll need to insert the cointype (SPANK) into the search box, which is marked in the picture. Make sure you have selected the proper grouping, we have highlighted this too. Click on “SPANK/BTC” to advance.

How to buy Coin on Binance 1 SpankChain (SPANK)
Step 4 – Purchasing SpankChain (SPANK)

As soon as you've found (SPANK) SpankChain, you'll be presented with a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). And now we are making our own Limit Order.

The field with the “Price” tag will be filled automatically with the recent tariff (SPANK) SpankChain was traded for. This can be changed to your favoured price. The field with the “Amount” tag is the volumen of SPANK you wish to purchase. The “Total” field is the total price in BTC that you will pay for the complete amount of SPANK.

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

Step 5 – Withdraw (SPANK) SpankChain

Unless you are trading, best advise is not to keep your coins on an Cryptocurrency Exchange for an extensive time period. In order to take off your (SPANK) SpankChain, go to the tab called “Funds” and mouse click on “Withdraw”. SpankChain (SPANK) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find SpankChain (SPANK) by using the provided drop-down box. Drop in the volumen of SpankChain (SPANK) you'd like to withdraw. Don't forget the demonstrated minimus/fees. Also make sure you have entered your correct withdraw address.

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

Kudos! You have successfully purchased and safed SpankChain (SPANK).

That's it!

Take offs from Crypto Trader can take anywhere from 1 – 30 minutes (rely on network usage). As soon as you've confirmed your withdrawal using Ethplorer.io or Etherscan.io and the SpankChain (SPANK) is safe in your wallet, you are all done.