A Step-by-Step-Guide on how to buy AmsterdamCoin (AMS)
Step 1 – Join CEX.io In the beginning you'll need to buy units of the bigger coins. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Follow the Link below to register and to get Funds.
Step 2 – Send Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Exchange Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is identical. AmsterdamCoin (AMS) is accessible on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Crypto Exchange? (Just follow this manual) Make sure you've chosen the precise coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so forth. In the case you are using a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our guide).
Step 3 – Find AmsterdamCoin (AMS) As soon as your deposit has been confirmed, you'll now have access to your finances and you can launch buying and trading. To buy AmsterdamCoin (AMS) on Binance, you'll want to go to the tab which is called “Exchange” and click on “Basic”. In order to locate AmsterdamCoin (AMS), you'll need to insert the cointype (AMS) into the search-box, which is highlighted in the image. Make sure you have selected the right pairing, we have highlighted this too. Click on “AMS/BTC” to advance.
Step 4 – Buying AmsterdamCoin (AMS) Once you have found AmsterdamCoin (AMS), you'll be presented with a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). Next we are making our own Limit Order. The field with the “Price” tag will be automatically filled with the most up-to-date rate AmsterdamCoin (AMS) was traded for. This can be changed to your favoured rate. The field with the “Amount” tag is the volumen of AMS you like to purchase. The field with the “Total” tag is the aggregated price in Bitcoin that you will settle for the whole volumen of AMS. If you're satisfied, make a mouse click on “Buy AMS”. Your plan will be filled when a Seller sells their AMS for the price you submitted.
Step 5 – Withdraw AmsterdamCoin (AMS) Unless you are trading, best advise is not to keep your crypto on an Exchange for an extended period of time. To withdraw your AmsterdamCoin (AMS), hover over the ”Funds” tab and mouse click on “Withdraw”. AmsterdamCoin (AMS) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find AmsterdamCoin (AMS) by using the provided drop-down box. Put into the volumen of AmsterdamCoin (AMS) you'd like to withdraw. Don't forget the presented fees/minimums. Also make sure you have entered your correct withdraw address. If you are happy, click on “Submit”. You may be requested for phone/email verification ahead of a withdrawal.