How to Buy Synthetix Network Token (SNX) in Anguilla

A Step-by-Step-Guide on how to buy Synthetix Network Token (SNX) in Anguilla

Step 1 – Signup to Coinmama

In the beginning you'll need to purchase units of the bigger coins. Exchanges normally accept either Ethereum or Bitcoin in exchange for Altcoins. Click the button below to register and getting your Ethereum or Bitcoin.

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

Your Bitcoin or Ethereum has to be sent over to an Exchange now. Every exchange has a deposit form that is alike. Synthetix Network Token (SNX) is available on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Crypto Trader? (Just follow this manual)

Make sure you've selected the precise coin you wish to deposit.

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

Step 3 – Locate Synthetix Network Token (SNX)

As soon as your deposit has been verified, you'll instantly have access to your funds and you can begin purchasing and trading. To buy Synthetix Network Token (SNX) on Binance, you will want to hover over the tab which is called “Exchange” and then mouse click on “Basic”.

In order to locate Synthetix Network Token (SNX), you'll need to put the cointype (SNX) into the search-box, which is marked in the graphic. Be certain of having selected the correct grouping, we've marked this also. Click on “SNX/BTC” to go on.

{How to buy Coin on Binance 1|Binance How To Buy 1} Synthetix Network Token (SNX)
Step 4 – Acquisition of Synthetix Network Token (SNX)

As soon as you have located Synthetix Network Token (SNX), you'll be presented with a Price Chart (in the Center of the image) and a few Order Books (Leftside of the picture). For now we are making our own Limit Order.

The field with the “Price” tag will be filled automatically with the most up-to-date tariff Synthetix Network Token (SNX) was sold for. This can be changed to your desired price. The field with the “Amount” tag is the quantity of SNX you wish to purchase. The field with the “Total” tag is the aggregated price in BTC that you will pay for the complete quantity of SNX.

When you are happy, click on “Buy SNX”. Your plan will be filled when a Seller trades their SNX for the price you submitted.

Step 5 – Withdraw Synthetix Network Token (SNX)

Unless you are frequently trading, best advise is not to keep crypto coins on an Crypto Trader for an longer time frame. To withdraw your Synthetix Network Token (SNX), go to the tab called “Funds” and mouse click on “Withdraw”. Synthetix Network Token (SNX) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find Synthetix Network Token (SNX) by using the given drop-down box. Enter the amount of Synthetix Network Token (SNX) you would wish to take off. Take into account the shown fees/minimums. Also make sure you have entered your precise withdraw address.

When you're happy, click on “Submit”. You could be requested for verfication via email/phone ahead of a withdrawal.

Congrats! You've successfully bought and stored Synthetix Network Token (SNX) in Anguilla.

That's it!

Withdrawals from Crypto Exchange can durate between 1 – 30 minutes (rely on network usage). Once you've confirmed your withdrawal using Ethplorer.io or Etherscan.io and the Synthetix Network Token (SNX) is stored in your wallet, you are all done.

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