How to Buy Social Finance (SOFI) in Austria

A Step-by-Step-Guide on how to buy Social Finance (SOFI) in Austria

Step 1 – Signup to Coinmama

In the beginning you'll need to buy one of the major coins. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Follow the Link below for registration and getting your ETH (Ethereum) or BTC (Bitcoin).

Binance Signup
Step 2 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) 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. Social Finance (SOFI) is available on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Crypto Trader? (Just follow this how-to)

Make sure you've selected the correct coin you want to deposit.

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etc. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be different (Just follow these easy steps).

Step 3 – Find {Social Finance (SOFI)|(SOFI) Social Finance}

As soon as your deposit has been approved, you will instantly have access to your assets and you can start purchasing and trading. To purchase {Social Finance (SOFI)|(SOFI) Social Finance} on Binance, you will want to hover over the tab which is called “Exchange” and mouse click on “Basic”.

In order to find {Social Finance (SOFI)|(SOFI) Social Finance}, you will need to put the shortname of the coin (SOFI) into the search-box, which is marked in the image. Make sure you have choosen the right grouping, we have marked this also. Click on “SOFI/BTC” to proceed.

{How to buy Coin on Binance 1|Binance How To Buy 1} Social Finance (SOFI)
Step 4 – Purchasing {Social Finance (SOFI)|(SOFI) Social Finance}

Once you have discovered {Social Finance (SOFI)|(SOFI) Social Finance}, you will be presented with a Price Chart (in the Center of the picture) and some Order Books (on the Left of the picture). Next we're going to create our own Limit Order.

The ”Price” field will be filled with the up-to-date rate {Social Finance (SOFI)|(SOFI) Social Finance} was sold for. This can be changed to your preferred price. The field with the “Amount” tag is the quantity of SOFI you wish to buy. The ”Total” field is the whole price in Bitcoin that you'll pay for the whole quantity of SOFI.

When you are happy, click on “Buy SOFI”. Your order will be filled when a Seller sells their SOFI for the price you introduced.

Step 5 – Withdraw {Social Finance (SOFI)|(SOFI) Social Finance}

Unless you are regularly trading, never keep your crypto on an Crypto Exchange for an longer period of time. In order to withdraw your {Social Finance (SOFI)|(SOFI) Social Finance}, go to the tab called “Funds” and click on “Withdraw”. {Social Finance (SOFI)|(SOFI) Social Finance} can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate {Social Finance (SOFI)|(SOFI) Social Finance} by using the provided drop-down box. Drop in the volumen of {Social Finance (SOFI)|(SOFI) Social Finance} you'd like to withdraw. Don't forget the shown minimus/fees. Also make sure you have entered your right withdraw address.

If you are satisfied, click on “Submit”. You could be asked for email/phone verification ahead of a take off.

Congratulations! You've successfully bought and safed Social Finance (SOFI) in Austria.

That's it!

Take offs from Cryptocurrency Exchange can take between 1 – 30 minutes (rely on network usage). As soon as you have proved your take off with Ethplorer.io or Etherscan.io and the {Social Finance (SOFI)|(SOFI) Social Finance} is safe within your wallet, you are done.

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