A Step-by-Step-Guide on how to buy Hycon (HYC)
Step 1 – Join Kraken In the beginning you'll need to purchase units of the bigger coins. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Click the button below to register and receive Ethereum or Bitcoin.
Step 2 – Transfer Your Ethereum or Bitcoin to an Crypto Exchange Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is alike. Hycon (HYC) is accessible on Binance, so we will use that as an illustration. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this how-to) Make sure you have chosen the right coin you would like to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so on. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be different (Just follow these easy steps).
Step 3 – Locate Hycon (HYC) As soon as your deposit has been confirmed, you'll immediately have access to your finances and you can commence purchasing and trading. To buy Hycon (HYC) on Binance, you'll want to hover over the ”Exchange” tab and click on “Basic”. To spot Hycon (HYC), you'll need to insert the short name of the asset (HYC) into the search-box, which is marked in the picture. Be certain of having selected the correct pairing, we have marked this too. Click on “HYC/BTC” to proceed.
Step 4 – Buying Hycon (HYC) After you have found Hycon (HYC), you'll be given a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). And now we're going to create our Limit Order. The ”Price” field will be filled automatically with the most up-to-date rate Hycon (HYC) was traded for. This can be changed to your desired price. The ”Amount” field is the amount of HYC you wish to buy. The ”Total” field is the whole price in BTC that you will settle for the whole amount of HYC. If you are glad, click on “Buy HYC”. Your order will be filled as soon as a Vender sells their HYC for the price you introduced.
Step 5 – Withdraw Hycon (HYC) Unless you are frequently trading, best advise is not to keep your coins on an Exchange for an longer time period. In order to take off your Hycon (HYC), hover over the tab called “Funds” and click on “Withdraw”. Hycon (HYC) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Hycon (HYC) by using the given drop-down box. Drop in the amount of Hycon (HYC) you'd wish to take off. Don't forget the shown fees/minimums. Also make sure you have filled your precise withdraw address. If you are satisfied, click “Submit”. You may be asked for email/phone verification ahead of a take off.