How to Buy Serum (SRM) in Armenia

A Step-by-Step-Guide on how to buy Serum (SRM) in Armenia

Step 1 – Signup to Coinmama

In the beginning you'll need to purchase units of the bigger currencies. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Click below for registration and to get your ETH (Ethereum) or BTC (Bitcoin).

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

Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is identical. Serum (SRM) 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? (Just follow this manual)

Make sure you've selected the exact coin you would like to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, et cetera. In the case you are working with a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our how-to).

Step 3 – Find {Serum (SRM)|(SRM) Serum}

As soon as your deposit has been approved, you will now have access to your assets and you can start buying and trading. To purchase {Serum (SRM)|(SRM) Serum} on Binance, you will want to hover over the ”Exchange” tab and after that mouse click on “Basic”.

In order to discover {Serum (SRM)|(SRM) Serum}, you will need to insert the cointype (SRM) into the search-box, which is marked in the image. Make sure you have choosen the proper pairing, we have marked this too. Click on “SRM/BTC” to advance.

{How to buy Coin on Binance 1|Binance How To Buy 1} Serum (SRM)
Step 4 – Purchase {Serum (SRM)|(SRM) Serum}

As soon as you have spotted {Serum (SRM)|(SRM) Serum}, you'll be given a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). Next we're creating our Limit Order.

The field with the “Price” tag will be filled automatically with the most up-to-date price {Serum (SRM)|(SRM) Serum} was traded for. You can change this to your preferred rate. The field with the “Amount” tag is the quantity of SRM you want to purchase. The ”Total” field is the total price in Bitcoin that you will settle for the whole quantity of SRM.

When you are happy, click on “Buy SRM”. Your plan will be filled when a Vender trades their SRM for the price you gave.

Step 5 – Withdraw {Serum (SRM)|(SRM) Serum}

Unless you are trading, best advise is not to keep coins on an Exchange for an extensive time frame. In order to withdraw your {Serum (SRM)|(SRM) Serum}, go to the ”Funds” tab and mouse click on “Withdraw”. {Serum (SRM)|(SRM) Serum} can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate {Serum (SRM)|(SRM) Serum} by using the provided drop-down box. Enter the quantity of {Serum (SRM)|(SRM) Serum} you'd like to withdraw. Don't forget the shown minimus/fees. Also make sure you have filled your precise withdraw address.

If you are satisfied, click on “Submit”. You could be requested for email/phone verification before a withdrawal.

Kudos! You have successfully purchased and safed Serum (SRM) in Armenia.

That's it!

Take offs from Exchange can durate between 1 – 30 minutes (depending on usage of the network). Once you have proved your withdrawal using Ethplorer.io or Etherscan.io and the {Serum (SRM)|(SRM) Serum} is stored in your wallet, you're all done.

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