A Step-by-Step-Guide on how to buy Nyzo (NYZO)
Step 1 – Signup to CEX.io You will first need to buy one of the bigger coins. Exchanges normally accept either Ethereum or Bitcoin in exchange for Altcoins. Click the button below for registration and receive Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Transmit Your Ethereum or Bitcoin to an Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Exchange now. All exchanges have a deposit form that is identical. Nyzo (NYZO) is accessible on Binance, so we're going to use that as an example. Unsure on how to send Coinbase funds to an Exchange? (Just follow this how-to) Make sure you have selected the exact coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etcetera. If you are working with a decentralized exchange, like Airswap or DDEX could be different (Just follow these easy steps).
Step 3 – Find Nyzo (NYZO) Once your deposit has been affirmed, you'll directly have access to your assets and you can commence purchasing and trading. To purchase Nyzo (NYZO) on Binance, you'll want to hover over the tab which is called “Exchange” and then click on “Basic”. In order to locate Nyzo (NYZO), you'll need to insert the short name of the asset (NYZO) into the search box, which is highlighted in the picture. Make sure you have selected the proper pairing, we've highlighted this also. Click on “NYZO/BTC” to go ahead.
Step 4 – Purchase Nyzo (NYZO) After you've spotted Nyzo (NYZO), you will be given 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 create our own Limit Order. The field with the “Price” tag will be filled with the recent rate Nyzo (NYZO) was traded for. This can be changed to your preferred price. The field with the “Amount” tag is the volumen of NYZO you want to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you'll pay for the complete volumen of NYZO. If you're happy, make a mouse click on “Buy NYZO”. Your order will be filled as soon as a Vendor sells their NYZO for the price you gave.
Step 5 – Withdraw (NYZO) Nyzo Unless you're trading, never keep your crypto on an Cryptocurrency Exchange for an extended time frame. To take off your (NYZO) Nyzo, hover over the ”Funds” tab and mouse click on “Withdraw”. (NYZO) Nyzo can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate (NYZO) Nyzo by using the provided drop-down box. Enter the amount of (NYZO) Nyzo you would wish to take off. Take into account the displayed fees/minimums. Also make sure you have entered your precise withdraw address. When you're satisfied, click on “Submit”. You could be requested for verfication via email/phone before a withdrawal.