How to Buy Steem Dollars (SBD) in Anguilla

A Step-by-Step-Guide on how to buy Steem Dollars (SBD) in Anguilla

Step 1 – Join Coinbase – Get Free $10

In the beginning you'll need to purchase one of the top-tier coins. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Follow the Link below for registration and getting your welcome 10 Dollar.

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

Your Ethereum or Bitcoin has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. Steem Dollars (SBD) is accessible on Binance, so we're going to use that as an sample. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this how-to)

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

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so on. In the case you are using a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our guide).

Step 3 – Find {Steem Dollars (SBD)|(SBD) Steem Dollars}

Once your deposit has been confirmed, you'll directly have access to your funds and you can start purchasing and trading. To buy {Steem Dollars (SBD)|(SBD) Steem Dollars} on Binance, you'll want to hover over the tab which is called “Exchange” and click on “Basic”.

To locate {Steem Dollars (SBD)|(SBD) Steem Dollars}, you'll need to put the shortname of the coin (SBD) into the search box, which is marked in the graphic. Make sure you have choosen the proper pairing, we have marked this too. Click on “SBD/BTC” to proceed.

{How to buy Coin on Binance 1|Binance How To Buy 1} Steem Dollars (SBD)
Step 4 – Purchase {Steem Dollars (SBD)|(SBD) Steem Dollars}

As soon as you've located {Steem Dollars (SBD)|(SBD) Steem Dollars}, you'll be given a Price Chart (in the Center of the image) and some Order Books (on the Left of the image). For now we're going to make our own Limit Order.

The field with the “Price” tag will be filled automatically with the most latest tariff {Steem Dollars (SBD)|(SBD) Steem Dollars} was traded for. This can be changed to your preferred price. The field with the “Amount” tag is the quantity of SBD you like to purchase. The field with the “Total” tag is the whole price in BTC that you'll settle for the complete quantity of SBD.

When you are satisfied, click on “Buy SBD”. Your plan will be filled when a Vender trades their SBD for the price you offered.

Step 5 – Withdraw {Steem Dollars (SBD)|(SBD) Steem Dollars}

Unless you are regularly trading, best advise is not to keep crypto on an Cryptocurrency Exchange for an extended time period. To withdraw your {Steem Dollars (SBD)|(SBD) Steem Dollars}, hover over the ”Funds” tab and click on “Withdraw”. {Steem Dollars (SBD)|(SBD) Steem Dollars} can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate {Steem Dollars (SBD)|(SBD) Steem Dollars} by using the given drop-down box. Drop in the volumen of {Steem Dollars (SBD)|(SBD) Steem Dollars} you would wish to withdraw. Take into account the presented minimus/fees. Also make sure you have entered your right withdraw address.

If you are glad, click on “Submit”. You could be asked for verfication via phone/email ahead of a withdrawal.

Kudos! You've successfully bought and stored Steem Dollars (SBD) in Anguilla.

That's it!

Withdrawals from Crypto Exchange can take anywhere from 1 – 30 minutes (rely on usage of the network). As soon as you have proved your withdrawal using Etherscan.io or Ethplorer.io and the {Steem Dollars (SBD)|(SBD) Steem Dollars} is safe within your wallet, you are all done.

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