How to Buy Speed Coin (SPEED) in Austria

A Step-by-Step-Guide on how to buy Speed Coin (SPEED) in Austria

Step 1 – Signup to Coinmama

You will first need to purchase one of the top-tier coins. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Follow the Link below to register and receive your BTC (Bitcoin) or ETH (Ethereum).

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

Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is identical. Speed Coin (SPEED) is accessible on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this how-to)

Make sure you have chosen the right coin you wish to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etcetera. In the case you are using a decentralized exchange, such as Airswap or DDEX could be different (Just follow our guide).

Step 3 – Find {Speed Coin (SPEED)|(SPEED) Speed Coin}

Once your deposit has been verified, you will directly have access to your assets and you can initiate buying and trading. To buy {Speed Coin (SPEED)|(SPEED) Speed Coin} on Binance, you will want to go to the ”Exchange” tab and then click on “Basic”.

In order to discover {Speed Coin (SPEED)|(SPEED) Speed Coin}, you will need to put the short name of the asset (SPEED) into the search-box, which is highlighted in the picture. Be certain of having selected the proper pairing, we've highlighted this also. Click on “SPEED/BTC” to proceed.

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

Once you have discovered {Speed Coin (SPEED)|(SPEED) Speed Coin}, you'll be presented with a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). For now we are going to make our Limit Order.

The ”Price” field will be filled with the most up-to-date valuation {Speed Coin (SPEED)|(SPEED) Speed Coin} was sold for. This can be changed to your favoured rate. The field with the “Amount” tag is the amount of SPEED you wish to purchase. The field with the “Total” tag is the aggregated price in BTC that you will settle for the complete amount of SPEED.

When you're glad, make a mouse click on “Buy SPEED”. Your order will be filled as soon as a Seller trades their SPEED for the price you introduced.

Step 5 – Withdraw {Speed Coin (SPEED)|(SPEED) Speed Coin}

Unless you're regularly trading, never keep your coins on an Cryptocurrency Exchange for an extended time period. To take off your {Speed Coin (SPEED)|(SPEED) Speed Coin}, go to the tab called “Funds” and click on “Withdraw”. {Speed Coin (SPEED)|(SPEED) Speed Coin} can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate {Speed Coin (SPEED)|(SPEED) Speed Coin} by using the given drop-down box. Enter the volumen of {Speed Coin (SPEED)|(SPEED) Speed Coin} you would like to take off. Take into account the demonstrated minimus/fees. Also make sure you have entered your right withdraw address.

When you're happy, click “Submit”. You may be asked for verfication via phone/email before a take off.

Kudos! You've successfully purchased and stored Speed Coin (SPEED) in Austria.

That's it!

Withdrawals from Cryptocurrency Exchange can durate between 1 – 30 minutes (depending on network usage). As soon as you've confirmed your withdrawal with Ethplorer.io or Etherscan.io and the {Speed Coin (SPEED)|(SPEED) Speed Coin} is stored inside your wallet, you are all done.

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