How to Buy SONM (SNM) in Anguilla

A Step-by-Step-Guide on how to buy SONM (SNM) in Anguilla

Step 1 – Signup to Coinmama

You will first need to buy one of the bigger coins. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Click below to register and to get your BTC (Bitcoin) or ETH (Ethereum).

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

Your Bitcoin or Ethereum will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. SONM (SNM) is accessible on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this manual)

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

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so forth. If you are working with a decentralized exchange, such as Airswap or DDEX could be different (Just follow our guide).

Step 3 – Locate {SONM (SNM)|(SNM) SONM}

As soon as your deposit has been confirmed, you'll now have access to your assets and you can initiate purchasing and trading. To purchase {SONM (SNM)|(SNM) SONM} on Binance, you'll want to hover over the ”Exchange” tab and then click on “Basic”.

In order to locate {SONM (SNM)|(SNM) SONM}, you'll need to put the cointype (SNM) into the search box, which is marked in the graphic. Make sure you have selected the right grouping, we have marked this also. Click on “SNM/BTC” to proceed.

{How to buy Coin on Binance 1|Binance How To Buy 1} SONM (SNM)
Step 4 – Purchase {SONM (SNM)|(SNM) SONM}

After you have located {SONM (SNM)|(SNM) SONM}, you'll be given a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). For now we're going to create our own Limit Order.

The field with the “Price” tag will be automatically filled with the recent tariff {SONM (SNM)|(SNM) SONM} was sold for. This can be changed to your preferred rate. The field with the “Amount” tag is the amount of SNM you wish to buy. The ”Total” field is the aggregated price in BTC that you will settle for the complete amount of SNM.

If you are glad, make a mouse click on “Buy SNM”. Your plan will be filled as soon as a Vender trades their SNM for the price you introduced.

Step 5 – Withdraw {SONM (SNM)|(SNM) SONM}

Unless you're regularly trading, best advise is not to keep crypto coins on an Crypto Trader for an extended period of time. In order to withdraw your {SONM (SNM)|(SNM) SONM}, go to the ”Funds” tab and click on “Withdraw”. {SONM (SNM)|(SNM) SONM} can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find {SONM (SNM)|(SNM) SONM} by using the given drop-down box. Put into the quantity of {SONM (SNM)|(SNM) SONM} you would like to withdraw. Don't forget the demonstrated fees/minimums. Also make sure you have entered your right withdraw address.

If you're happy, click “Submit”. You may be requested for verfication via email/phone before a withdrawal.

Congratulations! You've successfully purchased and safed SONM (SNM) in Anguilla.

That's it!

Withdrawals from Exchange can take anywhere from 1 – 30 minutes (rely on network usage). Once you've confirmed your take off using Etherscan.io or Ethplorer.io and the {SONM (SNM)|(SNM) SONM} is safe within your wallet, you're finished.

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