A Step-by-Step-Guide on how to buy Smileycoin (SMLY) in Anguilla
Step 1 – Join Coinmama You'll first need to buy units of the major coins. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Follow the Link below to register and getting your ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Transmit Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is alike. Smileycoin (SMLY) is accessible on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this guide) Make sure you've chosen the precise coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so forth. If you are using a decentralized exchange, like Airswap or DDEX could be divergent (Just follow these easy steps).
Step 3 – Locate Smileycoin (SMLY) As soon as your deposit has been confirmed, you'll now have access to your funds and you can commence buying and trading. To invest in Smileycoin (SMLY) on Binance, you'll want to hover over the tab which is called “Exchange” and then click on “Basic”. In order to find Smileycoin (SMLY), you'll need to insert the short name of the asset (SMLY) into the search box, which is highlighted in the image. Make sure you have choosen the proper pairing, we've highlighted this too. Click on “SMLY/BTC” to go on.
Step 4 – Purchasing Smileycoin (SMLY) After you've located Smileycoin (SMLY), you'll be given a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the image). And now we're creating our own Limit Order. The ”Price” field will be automatically filled with the most recent price Smileycoin (SMLY) was sold for. This can be changed to your preferred price. The field with the “Amount” tag is the amount of SMLY you like to purchase. The field with the “Total” tag is the whole price in BTC that you will settle for the whole quantity of SMLY. When you're glad, make a mouse click on “Buy SMLY”. Your order will be filled as soon as a Seller sells their SMLY for the price you introduced.
Step 5 – Withdraw Smileycoin (SMLY) Unless you are regularly trading, best advise is not to keep your crypto on an Crypto Trader for an longer time frame. To withdraw your Smileycoin (SMLY), go to the ”Funds” tab and click on “Withdraw”. Smileycoin (SMLY) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Smileycoin (SMLY) by using the provided drop-down box. Put into the volumen of Smileycoin (SMLY) you would wish to withdraw. Take into account the demonstrated fees/minimums. Also make sure you have entered your right withdraw address. If you are happy, make a mouse click on “Submit”. You could be asked for verfication via phone/email ahead of a withdrawal.
Kudos! You have successfully purchased and stored Smileycoin (SMLY) in Anguilla.That's it! Take offs from Crypto Exchange can durate between 1 – 30 minutes (depending on usage of the network). Once you've proved your take off using Ethplorer.io or Etherscan.io and the Smileycoin (SMLY) is stored in your wallet, you're all done.
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