How to Buy sETH (SETH) in Australia

A Step-by-Step-Guide on how to buy sETH (SETH) in Australia

Step 1 – Join Coinmama

In the beginning you'll need to buy one of the bigger coins. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Click the button below to register and receive your ETH (Ethereum) or BTC (Bitcoin).

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

Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Exchange now. All exchanges have a deposit form that is similar. sETH (SETH) is available on Binance, so we will use that as an example. Unsure on how to send funds from Coinbase to an Exchange? (Just follow this how-to)

Make sure you have selected the exact coin you want to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, et cetera. If you are working with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow these easy steps).

Step 3 – Locate {sETH (SETH)|(SETH) sETH}

Once your deposit has been verified, you will directly have access to your funds and you can launch purchasing and trading. To purchase {sETH (SETH)|(SETH) sETH} on Binance, you will want to hover over the ”Exchange” tab and after that click on “Basic”.

To locate {sETH (SETH)|(SETH) sETH}, you will need to put the cointype (SETH) into the search box, which is highlighted in the picture. Be certain of having selected the correct grouping, we have highlighted this too. Click on “SETH/BTC” to continue.

{How to buy Coin on Binance 1|Binance How To Buy 1} sETH (SETH)
Step 4 – Buy {sETH (SETH)|(SETH) sETH}

After you have spotted {sETH (SETH)|(SETH) sETH}, you'll be given a Price Chart (in the Center of the image) and some Order Books (on the Left of the image). For now we are making our own Limit Order.

The ”Price” field will be filled with the most latest valuation {sETH (SETH)|(SETH) sETH} was sold for. This can be changed to your desired rate. The field with the “Amount” tag is the amount of SETH you like to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you will pay for the whole amount of SETH.

If you are glad, make a mouse click on “Buy SETH”. Your plan will be filled when a Vendor sells their SETH for the price you offered.

Step 5 – Withdraw {sETH (SETH)|(SETH) sETH}

Unless you are trading, you should never keepyour crypto coins on an Crypto Trader for an extended period of time. To withdraw your {sETH (SETH)|(SETH) sETH}, hover over the tab called “Funds” and mouse click on “Withdraw”. {sETH (SETH)|(SETH) sETH} can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate {sETH (SETH)|(SETH) sETH} by using the given drop-down box. Drop in the volumen of {sETH (SETH)|(SETH) sETH} you'd wish to withdraw. Take into account the shown minimus/fees. Also make sure you have filled your right withdraw address.

When you are satisfied, click “Submit”. You may be asked for email/phone verification ahead of a withdrawal.

Kudos! You have successfully purchased and stored sETH (SETH) in Australia.

That's it!

Take offs from Crypto Exchange can take between 1 – 30 minutes (depending on usage of the network). Once you have proved your take off with Ethplorer.io or Etherscan.io and the {sETH (SETH)|(SETH) sETH} is safe in your wallet, you are finished.

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