How to Buy Serum (SRM) in Australia

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

Step 1 – Join Coinmama

You'll first need to buy one of the bigger coins. Exchanges commonly accept either Bitcoin or Ethereum in exchange for alternative Coins. Follow the Link below for registration and receive your Bitcoin or Ethereum.

Binance Signup
Step 2 – Transfer Your Funds to an Cryptocurrency Exchange

Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is alike. Serum (SRM) is available on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow these easy steps)

Make sure you have selected the precise coin you would like to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, et cetera. If you are dealing with a decentralized exchange, like Airswap or DDEX could be different (Just follow these easy steps).

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

Once your deposit has been approved, you will immediately have access to your assets and you can launch invest and trading. To purchase {Serum (SRM)|(SRM) Serum} on Binance, you will want to hover over the tab which is called “Exchange” and after that mouse click on “Basic”.

In order to find {Serum (SRM)|(SRM) Serum}, you will need to insert the cointype (SRM) into the search-box, which is marked in the graphic. Make sure you have selected the proper pairing, we have marked this also. Click on “SRM/BTC” to go on.

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

Once you have spotted {Serum (SRM)|(SRM) Serum}, you will be given a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). And now we're creating our Limit Order.

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

If you're satisfied, make a mouse click on “Buy SRM”. Your plan will be filled as soon as a Seller sells their SRM for the price you gave.

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

Unless you are trading, best advise is not to keep crypto on an Crypto Exchange for an longer period of time. To withdraw your {Serum (SRM)|(SRM) Serum}, go to the ”Funds” tab and mouse click on “Withdraw”. {Serum (SRM)|(SRM) Serum} can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate {Serum (SRM)|(SRM) Serum} by using the given drop-down box. Enter the amount of {Serum (SRM)|(SRM) Serum} you would like to withdraw. Take into account the displayed fees/minimums. Also make sure you have entered your correct withdraw address.

When you are glad, click “Submit”. You could be requested for verfication via email/phone before a withdrawal.

Kudos! You've successfully bought and safed Serum (SRM) in Australia.

That's it!

Take offs from Crypto Trader can durate between 1 – 30 minutes (rely on usage of the network). Once you've proved your withdrawal using Ethplorer.io or Etherscan.io and the {Serum (SRM)|(SRM) Serum} is stored within your wallet, you are done.

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