How to buy SONM (SNM)?

Logo SONM crypto

If you were wondering where you can buy SONM crypto, with its native token SNM, this article will hopefully help you with that. Before we go into detail it will be quickly explained what the crypto project SONM is.

What is the SONM (SNM)?

SONM is decentralized fog computing platform. The goal of the project is to create a decentralized computing power market. For further information on the power market and fog computing you can visit their website: https://sonm.com/

The token of the project is called SNM. It was initally an ERC-20 token and therefore operating on the Ethereum Blockchain. However, in July 2021 they made a (1:10) swap to the Binance Smart Chain (BSC). Since then, SNM is an BEP-20 token.

The project has kind of a partnership with Binance as they also helped them with regards to their Swap to the BSC. It is thus not surprising that you can buy SONM on Binance. There you can buy SONM (SNM) crypto in USA, Canada, Europe, South America (Brazil), as well as in some asian contries.

So how to buy SONM (SNM) with Binance?

Step 1 – Create an account with Binance.

To create an account, click HERE. You will need the following:
-Your email address (you will need to verify your account via email)
-A secure and hard to guess password
-A phone number (to make your account more secure)

Fill out the registration form and then they will send you a confirmation email. Once you click on it, you can proceed to the next step.

In the next step you can sign up and start using your account.

Step 2 – Verify the account

Next, you need to verify your account to confirm your identity. It is possible to skip this step if you want to do it later. Verification consists of sending a photo of yourself with an identification document.

You can choose to skip this step (for now).

Step 3 – Go to the deposit page

In the Binance toolbar (top left), go to the “Buy Cryptos”.
There you can either Deposit the amount you want using various different payment methods or Buy Crypto directly with your Credit Card.

Step 4 – How to trade SONM on Binance

After funding your account with either Fiat or Cryptocurrency, you can now easily buy SNM:

In the toolbar select “Trade” – “Classic”.
After that you can search for “SNM” in the search bar on the right:

If you choose to trade SNM/BTC, just click on it and scroll down a little bit. There you can enter the desired amount of SNM you want to buy.
You can either choose to buy “Market” (to the best price available) or “Limit” (for a price you set yourself).

Buying SONM (SNM) with Limit Order on Binance

After entering the amount you want to buy – just click on “Buy SNM” and you are done.

Price prediction for SONM

With a relatively low marketcap (you can check in the widget on the top of the page, SONM definitely has further room for growth.

If you are interested in an in-depth price analysis of SONM you can check out this article:
Chart Price Analysis SONM December 2021

But as always: do your own due diligence and only invest what you are willing to loose.

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