How to Buy SPONB (SPO)

A Step-by-Step-Guide on how to buy SPONB (SPO)

Step 1 – Signup to eToro

You'll first need to buy units of the major currencies. Exchanges usually accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Click below to register and getting yEthereum (ETH) or Bitcoin (BTC).

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

Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is similar. SPONB (SPO) is available on Binance, so we're going to use that as an sample. Not sure on how to send funds from Coinbase to an Crypto Trader? (Follow this guide)

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

BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so forth. If you are working with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our how-to).

Step 3 – Locate SPONB (SPO)

As soon as your deposit has been confirmed, you will now have access to your finances and you can begin purchasing and trading. To purchase SPONB (SPO) on Binance, you will want to go to the “Exchange” tab and then click on “Basic”.

To locate (SPO) SPONB, you will need to put the cointype (SPO) into the search-box, which is highlighted in the image. Be certain of having selected the right pairing, we've highlighted this also. Click on “SPO/BTC” to advance.

Binance How To Buy 1 SPONB (SPO)
Step 4 – Acquisition of SPONB (SPO)

Once you've found SPONB (SPO), you'll be presented with a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the image). Next we're going to make our own Limit Order.

The field with the “Price” tag will be filled automatically with the recent valuation (SPO) SPONB was traded for. You can change this to your favoured rate. The field with the “Amount” tag is the amount of SPO you wish to buy. The field with the “Total” tag is the whole price in BTC that you will pay for the complete quantity of SPO.

When you are glad, click on “Buy SPO”. Your order will be filled as soon as a Vender sells their SPO for the price you submitted.

Step 5 – Withdraw (SPO) SPONB

Unless you are frequently trading, never keep your crypto on an Crypto Trader for an extensive period of time. In order to withdraw your SPONB (SPO), hover over the “Funds” tab and mouse click on “Withdraw”. SPONB (SPO) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (SPO) SPONB by using the provided drop-down box. Put into the quantity of (SPO) SPONB you would wish to take off. Don't forget the presented minimus/fees. Also make sure you have entered your right withdraw address.

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

Congratulations! You've successfully bought and stored (SPO) SPONB.

That's it!

Withdrawals from Crypto Exchange can take between 1 – 30 minutes (depending on network usage). As soon as you have confirmed your take off with Ethplorer.io or Etherscan.io and the SPONB (SPO) is safe inside your wallet, you are done.