How to Buy Stakenet (XSN) in Armenia

A Step-by-Step-Guide on how to buy Stakenet (XSN) in Armenia

Step 1 – Signup to Coinmama

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

Binance Signup
Step 2 – Transmit Your Funds to an Crypto Trader

Your Ethereum or Bitcoin will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is identical. Stakenet (XSN) is accessible on Binance, so we're going to use that as an sample. Not sure on how to send Coinbase funds to an Crypto Trader? (Follow this guide)

Make sure you have selected the exact coin you would like to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etc. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow these easy steps).

Step 3 – Find {Stakenet (XSN)|(XSN) Stakenet}

Once your deposit has been confirmed, you will immediately have access to your finances and you can commence invest and trading. To invest in {Stakenet (XSN)|(XSN) Stakenet} on Binance, you will want to hover over the tab which is called “Exchange” and click on “Basic”.

In order to find {Stakenet (XSN)|(XSN) Stakenet}, you will need to put the shortname of the coin (XSN) into the search box, which is highlighted in the graphic. Be certain of having choosen the proper pairing, we've highlighted this also. Click on “XSN/BTC” to progress.

{How to buy Coin on Binance 1|Binance How To Buy 1} Stakenet (XSN)
Step 4 – Purchasing {Stakenet (XSN)|(XSN) Stakenet}

As soon as you've discovered {Stakenet (XSN)|(XSN) Stakenet}, you'll be given a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). And now we're making our Limit Order.

The ”Price” field will be automatically filled with the most latest rate {Stakenet (XSN)|(XSN) Stakenet} was traded for. This can be changed to your desired rate. The field with the “Amount” tag is the volumen of XSN you like to purchase. The field with the “Total” tag is the aggregated price in BTC that you will settle for the whole volumen of XSN.

If you're happy, click on “Buy XSN”. Your order will be filled when a Seller sells their XSN for the price you introduced.

Step 5 – Withdraw {Stakenet (XSN)|(XSN) Stakenet}

Unless you're trading, you should never keepyour coins on an Exchange for an longer time frame. To withdraw your {Stakenet (XSN)|(XSN) Stakenet}, go to the tab called “Funds” and click on “Withdraw”. {Stakenet (XSN)|(XSN) Stakenet} can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find {Stakenet (XSN)|(XSN) Stakenet} by using the given drop-down box. Drop in the amount of {Stakenet (XSN)|(XSN) Stakenet} you would like to withdraw. Take into account the presented fees/minimums. Also make sure you have filled your correct withdraw address.

When you're satisfied, click “Submit”. You may be requested for phone/email verification ahead of a withdrawal.

Congrats! You have successfully bought and stored Stakenet (XSN) in Armenia.

That's it!

Take offs from Cryptocurrency Exchange can durate anywhere from 1 – 30 minutes (depending on network usage). As soon as you have proved your withdrawal using Ethplorer.io or Etherscan.io and the {Stakenet (XSN)|(XSN) Stakenet} is safe within your wallet, you are all done.

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