How to Buy SONM (SNM) in Australia

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

Step 1 – Join Coinmama

You will first need to purchase one of the major currencies. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click the button below for registration and to get your Bitcoin (BTC) or Ethereum (ETH).

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

Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is alike. SONM (SNM) is accessible on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Crypto Exchange? (Just follow this how-to)

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

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etc. If you are using a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our guide).

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

Once your deposit has been approved, 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 after that mouse click on “Basic”.

To locate {SONM (SNM)|(SNM) SONM}, you'll need to put the cointype (SNM) into the search-box, which is marked in the picture. Be certain of having selected the correct pairing, we have marked this too. Click on “SNM/BTC” to continue.

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

After you've spotted {SONM (SNM)|(SNM) SONM}, you will be presented with a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). Next we're going to create our Limit Order.

The field with the “Price” tag will be filled with the most latest valuation {SONM (SNM)|(SNM) SONM} was traded for. This can be changed to your preferred rate. The field with the “Amount” tag is the volumen of SNM you want to buy. The ”Total” field is the whole price in BTC that you'll settle for the complete volumen of SNM.

If you're glad, make a mouse click on “Buy SNM”. Your plan will be filled as soon as a Vendor trades their SNM for the price you offered.

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

Unless you are regularly trading, you should never keepyour crypto on an Cryptocurrency Exchange for an extended time period. In order to take off your {SONM (SNM)|(SNM) SONM}, go to the tab called “Funds” and click on “Withdraw”. {SONM (SNM)|(SNM) SONM} can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate {SONM (SNM)|(SNM) SONM} by using the provided drop-down box. Enter the quantity of {SONM (SNM)|(SNM) SONM} you would wish to take off. Take into account the demonstrated fees/minimums. Also make sure you have entered your correct withdraw address.

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

Congratulations! You have successfully purchased and safed SONM (SNM) in Australia.

That's it!

Take offs from Crypto Trader can durate anywhere from 1 – 30 minutes (rely on network usage). As soon as you have proved your withdrawal using Ethplorer.io or Etherscan.io and the {SONM (SNM)|(SNM) SONM} is safe inside your wallet, you're finished.

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