How to Buy ShipChain (SHIP) in Austria

A Step-by-Step-Guide on how to buy ShipChain (SHIP) in Austria

Step 1 – Join Coinmama

You'll first need to buy one of the major currencies. Exchanges commonly accept either Bitcoin or Ethereum in exchange for Altcoins. Click below for registration and receive your Bitcoin or Ethereum.

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

Your Ethereum or Bitcoin has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is similar. ShipChain (SHIP) is available on Binance, so we will use that as an example. Unsure on how to send funds from Coinbase to an Crypto Trader? (Follow these easy steps)

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

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so forth. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Follow our how-to).

Step 3 – Locate {ShipChain (SHIP)|(SHIP) ShipChain}

Once your deposit has been confirmed, you'll immediately have access to your funds and you can start invest and trading. To purchase {ShipChain (SHIP)|(SHIP) ShipChain} on Binance, you'll want to go to the tab which is called “Exchange” and then mouse click on “Basic”.

In order to locate {ShipChain (SHIP)|(SHIP) ShipChain}, you'll need to insert the short name of the asset (SHIP) into the search-box, which is marked in the graphic. Make sure you have choosen the proper pairing, we have marked this too. Click on “SHIP/BTC” to advance.

{How to buy Coin on Binance 1|Binance How To Buy 1} ShipChain (SHIP)
Step 4 – Purchasing {ShipChain (SHIP)|(SHIP) ShipChain}

After you have discovered {ShipChain (SHIP)|(SHIP) ShipChain}, you will be given a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). For now we are creating our Limit Order.

The ”Price” field will be filled with the most recent rate {ShipChain (SHIP)|(SHIP) ShipChain} was traded for. You can change this to your desired price. The ”Amount” field is the quantity of SHIP you wish to buy. The ”Total” field is the whole price in BTC that you'll pay for the complete quantity of SHIP.

When you're satisfied, make a mouse click on “Buy SHIP”. Your order will be filled as soon as a Vendor sells their SHIP for the price you gave.

Step 5 – Withdraw {ShipChain (SHIP)|(SHIP) ShipChain}

Unless you are frequently trading, you should never keepyour crypto coins on an Cryptocurrency Exchange for an longer time frame. In order to take off your {ShipChain (SHIP)|(SHIP) ShipChain}, hover over the ”Funds” tab and click on “Withdraw”. {ShipChain (SHIP)|(SHIP) ShipChain} can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate {ShipChain (SHIP)|(SHIP) ShipChain} by using the provided drop-down box. Enter the volumen of {ShipChain (SHIP)|(SHIP) ShipChain} you'd wish to take off. Don't forget the displayed fees/minimums. Also make sure you have entered your right withdraw address.

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

Kudos! You have successfully bought and stored ShipChain (SHIP) in Austria.

That's it!

Withdrawals from Cryptocurrency Exchange can durate between 1 – 30 minutes (depending on usage of the network). Once you've confirmed your withdrawal using Etherscan.io or Ethplorer.io and the {ShipChain (SHIP)|(SHIP) ShipChain} is safe within your wallet, you're done.

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