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How To Buy Trustswap (SWAP) Token – 5 Easy Steps – Exchanges

By August 2, 2020No Comments

How To Buy Trustswap (SWAP)

A Step-by-Step Guide

Step 1 -

Signup to Coinbase - Get Free $10

You’ll 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 to register and receive your first $10.

Signup to Coinbase
hotbit exchange deposit
Step 2 -

Send Your Funds To An Exchange

You’ll now need to send your Bitcoin (BTC) or Ethereum (ETH) over to an exchange. All exchanges have a similar deposit method. Trustswap (SWAP) is available on Hotbit, so we’ll use that as an example. Unsure about how to send funds from Coinbase? (Follow this guide)

Make sure you’ve selected the correct coin you wish to deposit. BTC must be sent to a BTC deposit address, etc. If you are dealing with a Decentralized Exchange such as IDEX, these steps may be different (Follow Our Guide)

Signup to Hotbit
Step 2 -

Send Your Funds To An Exchange

You’ll now need to send your Bitcoin (BTC) or Ethereum (ETH) over to an exchange. All exchanges have a similar deposit method. Trustswap (SWAP) is available on Hotbit, so we’ll use that as an example. Unsure about how to send funds from Coinbase? (Follow this guide)

Make sure you’ve selected the correct coin you wish to deposit. BTC must be sent to a BTC deposit address, etc. If you are dealing with a Decentralized Exchange such as IDEX, these steps may be different (Follow Our Guide)

Signup to Hotbit
hotbit exchange deposit
Step 3 -

Locate Trustswap (SWAP)

Once your deposit has confirmed, you’ll now have access to your funds and you can begin purchasing/trading. To purchase Trustswap (SWAP) on Hotbit, you’ll want to click on the “Exchange” tab and this will show you a library of coins to select on the left side of the screen.

To locate Trustswap (SWAP), you’ll need to type the coins “ticker” (SWAP) into the search box above the token selection list. Make sure you have selected the correct pairing, you can see that we’ve got “BTC” highlighted already. Click on “SWAP/BTC” to proceed.

hotbit exchange coins
hotbit exchange buy
Step 4 -

Purchase Trustswap (SWAP)

Once you’ve located Trustswap (SWAP), you’ll be presented with a Price Chart (middle) and some Order Books (right). For now, we’re going to create our own Limit Order in the order section highlighted in the picture provided.

The “Price” field will be blank. You will need to either click an order on the order book to the right, or enter your desired bid/price. The “Amount” field is the amount of SWAP you wish to purchase, you can enter your own amount or a percentage of your holdings with the % buttons. The “Total” below is the total price in BTC that you will pay for the whole amount.

When you’re happy, click “Buy SWAP”. Your order will be filled when a Seller sells their SWAP for the price you submitted.

Step 4 -

Purchase Trustswap (SWAP)

Once you’ve located Trustswap (SWAP), you’ll be presented with a Price Chart (middle) and some Order Books (right). For now, we’re going to create our own Limit Order in the order section highlighted in the picture provided.

The “Price” field will be blank. You will need to either click an order on the order book to the right, or enter your desired bid/price. The “Amount” field is the amount of SWAP you wish to purchase, you can enter your own amount or a percentage of your holdings with the % buttons. The “Total” below is the total price in BTC that you will pay for the whole amount.

When you’re happy, click “Buy SWAP”. Your order will be filled when a Seller sells their SWAP for the price you submitted.

hotbit exchange buy
Step 5 -

Withdraw Trustswap (SWAP)

Unless you’re trading, never keep your coins on an exchange for an extended period of time. To withdraw your Trustswap (SWAP), hover over the “Funds” tab and click on “Deposits/Withdrawals”. Trustswap (SWAP) can be safely stored using MyEtherWallet, so we’ll use that. (MyEtherWallet Setup Guide)

Locate Trustswap (SWAP) by using the search box under “Trading Account”. Enter the amount of SWAP you’d like to withdraw taking into account the fees/minimums shown and make sure the withdraw address you have entered is yours and is correct.

When you’re happy, click “Withdraw”. You may be asked for phone/email verification before a withdrawal can be processed.

hotbit exchange withdraw
Congratulations!

You've Successfully Purchased & Stored Trustswap (SWAP)

That’s it!

Withdrawals from Exchanges can take anywhere from 1-30 minutes depending on network usage. Once you’ve confirmed your withdrawal using Etherscan.io or Ethplorer.io and the SWAP is safe inside your wallet, you’re all done.

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