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 – Transmit Your ETH (Ethereum) or BTC (Bitcoin) to an Exchange Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Exchange now. All exchanges have a deposit form that is identical. Hycon (HYC) is available on Binance, so we will use that as an illustration. Unsure on how to send Coinbase funds to an Exchange? (Follow this how-to) Make sure you have chosen the exact coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etcetera. If you are working with a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our guide).
Step 3 – Locate Hycon (HYC) As soon as your deposit has been confirmed, you will now have access to your assets and you can start buying and trading. To purchase Hycon (HYC) on Binance, you will want to go to the ”Exchange” tab and after that click on “Basic”. To locate Hycon (HYC), you'll need to put the short name of the asset (HYC) into the search-box, which is marked in the picture. Be certain of having choosen the correct grouping, we have highlighted this also. Click on “HYC/BTC” to continue.
Step 4 – Buying Hycon (HYC) As soon as you have discovered Hycon (HYC), you'll be presented with a Price Chart (in the Center of the image) and some Order Books (on the Left of the image). For now we are going to make our own Limit Order. The ”Price” field will be automatically filled with the most recent valuation Hycon (HYC) was traded for. You can change this to your desired price. The field with the “Amount” tag is the quantity of HYC you like to purchase. The ”Total” field is the aggregated price in Bitcoin that you will pay for the complete amount of HYC. When you're satisfied, click on “Buy HYC”. Your order will be filled as soon as a Seller trades their HYC for the price you offered.
Step 5 – Withdraw Hycon (HYC) Unless you're regularly trading, you should never keepyour crypto on an Cryptocurrency Exchange for an longer time frame. In order to take off your Hycon (HYC), hover over the ”Funds” tab and click on “Withdraw”. Hycon (HYC) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Hycon (HYC) by using the provided drop-down box. Drop in the volumen of Hycon (HYC) you would like to take off. Don't forget the displayed fees/minimums. Also make sure you have entered your right withdraw address. If you are happy, click on “Submit”. You may be asked for verfication via phone/email ahead of a take off.