A Step-by-Step-Guide on how to buy Skillcoin (SKILL)
Step 1 – Signup to Kraken You will first need to buy one of the major currencies. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Click the button below to register and getting Bitcoin or Ethereum.
Step 2 – Send Your BTC (Bitcoin) or ETH (Ethereum) 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 alike. Skillcoin (SKILL) is accessible on Binance, so we will use that as an illustration. Not sure on how to send Coinbase funds to an Exchange? (Follow this guide) Make sure you've selected the exact coin you would like to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so forth. In the case you are using a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our guide).
Step 3 – Locate Skillcoin (SKILL) Once your deposit has been verified, you'll instantly have access to your assets and you can begin purchasing and trading. To invest in Skillcoin (SKILL) on Binance, you'll want to go to the ”Exchange” tab and mouse click on “Basic”. In order to find Skillcoin (SKILL), you'll need to put the short name of the asset (SKILL) into the search box, which is highlighted in the graphic. Make sure you have choosen the proper pairing, we have highlighted this too. Click on “SKILL/BTC” to go on.
Step 4 – Purchase Skillcoin (SKILL) Once you've discovered Skillcoin (SKILL), you'll be given a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). And now we are making our Limit Order. The field with the “Price” tag will be automatically filled with the recent rate Skillcoin (SKILL) was sold for. This can be changed to your favoured price. The field with the “Amount” tag is the volumen of SKILL you like to purchase. The ”Total” field is the whole price in Bitcoin that you will pay for the complete volumen of SKILL. If you're glad, make a mouse click on “Buy SKILL”. Your plan will be filled when a Vendor trades their SKILL for the price you submitted.
Step 5 – Withdraw Skillcoin (SKILL) Unless you're frequently trading, you should never keepyour coins on an Crypto Trader for an extended time frame. In order to withdraw your Skillcoin (SKILL), go to the tab called “Funds” and click on “Withdraw”. Skillcoin (SKILL) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Skillcoin (SKILL) by using the given drop-down box. Put into the quantity of Skillcoin (SKILL) you'd like to withdraw. Take into account the presented minimus/fees. Also make sure you have entered your precise withdraw address. If you're happy, click on “Submit”. You could be asked for email/phone verification before a withdrawal.