A Step-by-Step-Guide on how to buy NewYorkCoin (NYC)
Step 1 – Signup to Kraken You will first need to purchase units of the major currencies. Exchanges usually accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Click below to register and receive ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Transmit Your Ethereum or Bitcoin to an Crypto Trader Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is alike. NewYorkCoin (NYC) is obtainable on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Exchange? (Just follow these easy steps) Make sure you've selected the right coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, and so on. In the case you are using a decentralized exchange, like Airswap or DDEX could be different (Follow our how-to).
Step 3 – Find NewYorkCoin (NYC) Once your deposit has been affirmed, you will directly have access to your funds and you can begin buying and trading. To purchase NewYorkCoin (NYC) on Binance, you will want to go to the ”Exchange” tab and after that mouse click on “Basic”. To discover NewYorkCoin (NYC), you will need to insert the shortname of the coin (NYC) into the search box, which is marked in the picture. Be certain of having selected the correct pairing, we've marked this also. Click on “NYC/BTC” to go ahead.
Step 4 – Purchasing NewYorkCoin (NYC) As soon as you have found NewYorkCoin (NYC), you'll be given a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). And now we are going to make our own Limit Order. The field with the “Price” tag will be automatically filled with the most latest tariff NewYorkCoin (NYC) was traded for. You can change this to your desired rate. The ”Amount” field is the quantity of NYC you like to purchase. The field with the “Total” tag is the aggregated price in BTC that you will settle for the complete volumen of NYC. When you are satisfied, click on “Buy NYC”. Your order will be filled when a Seller trades their NYC for the price you introduced.
Step 5 – Withdraw NewYorkCoin (NYC) Unless you're regularly trading, best advise is not to keep coins on an Crypto Trader for an extended time period. To withdraw your NewYorkCoin (NYC), go to the tab called “Funds” and click on “Withdraw”. NewYorkCoin (NYC) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find NewYorkCoin (NYC) by using the given drop-down box. Enter the amount of NewYorkCoin (NYC) you would wish to withdraw. Take into account the demonstrated minimus/fees. Also make sure you have entered your correct withdraw address. When you're satisfied, click “Submit”. You could be requested for verfication via email/phone ahead of a take off.