A Step-by-Step-Guide on how to buy CryptoYen (YEN)
Step 1 – Join Coinbase and get 10$ for free You will first need to buy one of the top-tier currencies. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Click the button below for registration and getting your first $10.
Step 2 – Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Trader Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is alike. CryptoYen (YEN) is accessible on Binance, so we will use that as an example. Unsure on how to send Coinbase funds to an Crypto Trader? (Follow this manual) Make sure you've selected the exact coin you would like to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so forth. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our guide).
Step 3 – Find (YEN) CryptoYen Once your deposit has been verified, you will instantly have access to your finances and you can begin purchasing and trading. To invest in (YEN) CryptoYen on Binance, you will want to go to the ”Exchange” tab and then mouse click on “Basic”. To locate (YEN) CryptoYen, you will need to insert the short name of the asset (YEN) into the search-box, which is highlighted in the picture. Make sure you have selected the proper grouping, we have highlighted this too. Click on “YEN/BTC” to advance.
Step 4 – Buying CryptoYen (YEN) After you have located CryptoYen (YEN), you'll be given a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the image). And now we're creating our own Limit Order. The ”Price” field will be automatically filled with the recent tariff CryptoYen (YEN) was sold for. You can change this to your preferred price. The field with the “Amount” tag is the amount of YEN you want to purchase. The ”Total” field is the whole price in BTC that you'll pay for the whole amount of YEN. When you're satisfied, make a mouse click on “Buy YEN”. Your order will be filled when a Vendor trades their YEN for the price you offered.
Step 5 – Withdraw (YEN) CryptoYen Unless you are frequently trading, best advise is not to keep crypto on an Exchange for an extended time frame. In order to withdraw your (YEN) CryptoYen, go to the ”Funds” tab and mouse click on “Withdraw”. (YEN) CryptoYen can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find (YEN) CryptoYen by using the given drop-down box. Put into the quantity of (YEN) CryptoYen you'd like to withdraw. Take into account the demonstrated minimus/fees. Also make sure you have filled your precise withdraw address. If you are happy, click on “Submit”. You could be asked for verfication via phone/email before a take off.