How to Buy Social Lending Token (SLT) in Anguilla

A Step-by-Step-Guide on how to buy Social Lending Token (SLT) in Anguilla

Step 1 – Join Coinmama

In the beginning you'll need to purchase one of the bigger currencies. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Click below to register and getting your Ethereum (ETH) or Bitcoin (BTC).

Binance Signup
Step 2 – Transfer Your Bitcoin or Ethereum to an Crypto Exchange

Your Ethereum or Bitcoin has to be sent over to an Exchange now. Every exchange has a deposit form that is alike. Social Lending Token (SLT) is obtainable on Binance, so we will use that as an illustration. Unsure on how to send Coinbase funds to an Crypto Trader? (Just follow this manual)

Make sure you've selected the precise coin you wish to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, etcetera. If you are working with a decentralized exchange, like Airswap or DDEX could be opposed (Follow our guide).

Step 3 – Find Social Lending Token (SLT)

As soon as your deposit has been approved, you will immediately have access to your finances and you can begin buying and trading. To purchase Social Lending Token (SLT) on Binance, you will want to go to the tab which is called “Exchange” and after that click on “Basic”.

In order to spot Social Lending Token (SLT), you will need to put the short name of the asset (SLT) into the search box, which is marked in the graphic. Be certain of having selected the proper pairing, we've marked this also. Click on “SLT/BTC” to advance.

{How to buy Coin on Binance 1|Binance How To Buy 1} Social Lending Token (SLT)
Step 4 – Buying Social Lending Token (SLT)

After you have spotted Social Lending Token (SLT), you will be presented with a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the image). And now we're going to make our own Limit Order.

The field with the “Price” tag will be automatically filled with the most recent tariff Social Lending Token (SLT) was traded for. This can be changed to your favoured price. The field with the “Amount” tag is the volumen of SLT you like to buy. The field with the “Total” tag is the total price in BTC that you'll pay for the whole quantity of SLT.

If you're glad, click on “Buy SLT”. Your plan will be filled as soon as a Seller trades their SLT for the price you introduced.

Step 5 – Withdraw Social Lending Token (SLT)

Unless you're regularly trading, best advise is not to keep crypto on an Crypto Exchange for an extended time period. In order to withdraw your Social Lending Token (SLT), go to the ”Funds” tab and mouse click on “Withdraw”. Social Lending Token (SLT) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find Social Lending Token (SLT) by using the given drop-down box. Drop in the volumen of Social Lending Token (SLT) you would like to take off. Take into account the demonstrated fees/minimums. Also make sure you have entered your precise withdraw address.

If you are happy, make a mouse click on “Submit”. You may be requested for phone/email verification ahead of a take off.

Congratulations! You have successfully bought and safed Social Lending Token (SLT) in Anguilla.

That's it!

Withdrawals from Exchange can take anywhere from 1 – 30 minutes (depending on network usage). Once you've confirmed your withdrawal using Etherscan.io or Ethplorer.io and the Social Lending Token (SLT) is stored inside your wallet, you're all done.

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