How to buy and sell SAND coin? SAND coin trading graphic tutorial

Buying SAND coin on Binance involves creating an account, depositing funds, navigating to the SAND/USDT trading pair, and executing a buy order with the desired amount.

Oct 09, 2024 at 07:54 am

How to Buy and Sell SAND Coin: A Step-by-Step Guide

SAND coin is the native token of the Sandbox, a blockchain-based virtual world where players can create, share, and monetize their creations. SAND can be used to buy land, build structures, and purchase items in the Sandbox. It can also be traded on exchanges for fiat currency or other cryptocurrencies.

In this guide, we will show you how to buy and sell SAND coin using Binance, one of the largest cryptocurrency exchanges in the world.

Step 1: Create a Binance account

If you don't already have a Binance account, you will need to create one. To do this, visit the Binance website and click on the "Sign Up" button.

Enter your email address and create a password. Then, click on the "Create Account" button.

Binance will send you a confirmation email. Click on the link in the email to verify your account.

Step 2: Deposit funds into your Binance account

Once you have created a Binance account, you will need to deposit funds into it in order to buy SAND coin. Binance supports a variety of deposit methods, including bank transfer, credit/debit card, and cryptocurrency.

To deposit funds via bank transfer, click on the "Deposit" button in the Binance dashboard. Then, select the "Bank Transfer" option.

Enter the amount of money you want to deposit and the bank account you want to use. Then, click on the "Submit" button.

Binance will send you instructions on how to complete the bank transfer.

To deposit funds via credit/debit card, click on the "Deposit" button in the Binance dashboard. Then, select the "Credit/Debit Card" option.

Enter the amount of money you want to deposit and the credit/debit card you want to use. Then, click on the "Submit" button.

Binance will process your credit/debit card payment and deposit the funds into your account.

To deposit funds via cryptocurrency, click on the "Deposit" button in the Binance dashboard. Then, select the cryptocurrency you want to use.

Enter the amount of cryptocurrency you want to deposit and the wallet address you want to use. Then, click on the "Submit" button.

Binance will process your cryptocurrency deposit and deposit the funds into your account.

Step 3: Buy SAND coin

Once you have funds in your Binance account, you can start buying SAND coin. To do this, click on the "Trade" button in the Binance dashboard. Then, select the "SAND/USDT" trading pair.

The SAND/USDT trading pair will show you the current price of SAND coin in USDT. To buy SAND coin, click on the "Buy" button.

Enter the amount of SAND coin you want to buy. Then, click on the "Buy SAND" button.

Binance will execute your order and add the SAND coin to your Binance account.

Step 4: Sell SAND coin

If you want to sell SAND coin, you can do so by clicking on the "Sell" button in the SAND/USDT trading pair.

Enter the amount of SAND coin you want to sell. Then, click on the "Sell SAND" button.

Binance will execute your order and remove the SAND coin from your Binance account.

Conclusion

Buying and selling SAND coin is a simple process that can be completed in a few minutes. By following the steps in this guide, you can easily add SAND coin to your cryptocurrency portfolio.