How to Buy Scala (XLA)

A Step-by-Step-Guide on how to buy Scala (XLA)

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

In the beginning you'll need to buy one of the bigger currencies. Exchanges usually accept either Ethereum or Bitcoin in exchange for alternative Coins. Click below for registration and receive Bitcoin (BTC) or Ethereum (ETH).

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

Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is identical. Scala (XLA) is available on Binance, so we're going to use that as an example. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this manual)

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

Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, etc. In the case you are dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow these easy steps).

Step 3 – Find Scala (XLA)

As soon as your deposit has been confirmed, you'll immediately have access to your funds and you can start buying and trading. To buy Scala (XLA) on Binance, you will want to go to the “Exchange” tab and after that mouse click on “Basic”.

To find (XLA) Scala, you'll need to insert the short name of the asset (XLA) into the search box, which is highlighted in the graphic. Make sure you have choosen the correct grouping, we've marked this too. Click on “XLA/BTC” to continue.

Binance How To Buy 1 Scala (XLA)
Step 4 – Buy (XLA) Scala

Once you've discovered Scala (XLA), you will be given a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). Next we're going to make our own Limit Order.

The field with the “Price” tag will be automatically filled with the most recent rate (XLA) Scala was sold for. You can change this to your favoured rate. The field with the “Amount” tag is the amount of XLA you want to buy. The field with the “Total” tag is the total price in Bitcoin that you will pay for the whole quantity of XLA.

When you are glad, make a mouse click on “Buy XLA”. Your order will be filled when a Vendor sells their XLA for the price you introduced.

Step 5 – Withdraw (XLA) Scala

Unless you are frequently trading, best advise is not to keep your crypto coins on an Cryptocurrency Exchange for an extended time period. To withdraw your (XLA) Scala, hover over the “Funds” tab and mouse click on “Withdraw”. Scala (XLA) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find (XLA) Scala by using the provided drop-down box. Put into the amount of Scala (XLA) you would like to withdraw. Don't forget the demonstrated minimus/fees. Also make sure you have filled your precise withdraw address.

If you're glad, click on “Submit”. You may be asked for verfication via email/phone ahead of a withdrawal.

Congrats! You've successfully bought and safed Scala (XLA).

That's it!

Take offs from Cryptocurrency Exchange can durate between 1 – 30 minutes (depending on usage of the network). As soon as you have proved your withdrawal using Etherscan.io or Ethplorer.io and the Scala (XLA) is stored inside your wallet, you are finished.