A Step-by-Step-Guide on how to buy Spots (SPT)
Step 1 – Join eToro In the beginning you'll need to purchase one of the major currencies. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Click the button below for registration and to get yBitcoin (BTC) or Ethereum (ETH).
Step 2 – Transmit Your Ethereum (ETH) or Bitcoin (BTC) to an Cryptocurrency Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. Spots (SPT) is available on Binance, so we're going to use that as an sample. Not sure on how to send Coinbase funds to an Exchange? (Just follow this manual) Make sure you have selected the right coin you wish to deposit. BTC must be sent to a BTC deposit address, ETH to an Ethereum deposit address, etc. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be different (Follow our how-to).
Step 3 – Find Spots (SPT) Once your deposit has been verified, you'll now have access to your assets and you can commence invest and trading. To invest in (SPT) Spots on Binance, you'll want to go to the tab which is called “Exchange” and after that click on “Basic”. To discover (SPT) Spots, you'll need to put the shortname of the coin (SPT) into the search box, which is highlighted in the picture. Make sure you have selected the correct grouping, we've marked this also. Click on “SPT/BTC” to go on.
Step 4 – Acquisition of Spots (SPT) Once you've discovered (SPT) Spots, you'll be presented with a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). Next we're going to create our Limit Order. The “Price” field will be filled automatically with the most latest price Spots (SPT) was sold for. This can be changed to your preferred price. The field with the “Amount” tag is the amount of SPT you want to buy. The “Total” field is the whole price in BTC that you'll settle for the whole quantity of SPT. If you are satisfied, make a mouse click on “Buy SPT”. Your plan will be filled when a Vender sells their SPT for the price you offered.
Step 5 – Withdraw (SPT) Spots Unless you're trading, best advise is not to keep your crypto on an Cryptocurrency Exchange for an extended time frame. In order to withdraw your Spots (SPT), hover over the “Funds” tab and mouse click on “Withdraw”. Spots (SPT) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Spots (SPT) by using the given drop-down box. Put into the quantity of Spots (SPT) you would like to withdraw. Don't forget the shown fees/minimums. Also make sure you have filled your correct withdraw address. When you're happy, click on “Submit”. You could be asked for verfication via email/phone ahead of a withdrawal.