A Step-by-Step-Guide on how to buy CyberMusic (CYMT)
Step 1 – Signup to Kraken You'll first need to buy one of the bigger coins. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Click below for registration and getting Funds.
Step 2 – Send Your Bitcoin or Ethereum to an Crypto Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is alike. CyberMusic (CYMT) is available on Binance, so we will use that as an example. Unsure on how to send Coinbase funds to an Crypto Exchange? (Follow this how-to) Make sure you've chosen the exact coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etc. In the case you are dealing with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our guide).
Step 3 – Find CyberMusic (CYMT) Once your deposit has been affirmed, you will immediately have access to your assets and you can start purchasing and trading. To purchase CyberMusic (CYMT) on Binance, you will want to go to the ”Exchange” tab and after that click on “Basic”. In order to locate CyberMusic (CYMT), you will need to put the shortname of the coin (CYMT) into the search box, which is highlighted in the graphic. Make sure you have choosen the correct grouping, we've highlighted this too. Click on “CYMT/BTC” to go ahead.
Step 4 – Purchasing CyberMusic (CYMT) As soon as you've discovered CyberMusic (CYMT), you will be given a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the picture). For now we are making our own Limit Order. The ”Price” field will be filled automatically with the recent tariff CyberMusic (CYMT) was sold for. This can be changed to your desired rate. The ”Amount” field is the amount of CYMT you want to buy. The ”Total” field is the total price in BTC that you'll settle for the whole amount of CYMT. If you are happy, click on “Buy CYMT”. Your order will be filled as soon as a Vender trades their CYMT for the price you gave.
Step 5 – Withdraw CyberMusic (CYMT) Unless you are frequently trading, best advise is not to keep crypto on an Crypto Trader for an extensive time frame. To withdraw your CyberMusic (CYMT), go to the ”Funds” tab and mouse click on “Withdraw”. CyberMusic (CYMT) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find CyberMusic (CYMT) by using the given drop-down box. Enter the volumen of CyberMusic (CYMT) you would like to withdraw. Take into account the presented fees/minimums. Also make sure you have filled your correct withdraw address. When you are happy, make a mouse click on “Submit”. You may be requested for phone/email verification ahead of a withdrawal.