A Step-by-Step-Guide on how to buy Skillcoin (SKILL)
Step 1 – Join Coinbase – Get Free $10 In the beginning you'll need to buy units of the bigger currencies. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Click below for registration and receive your welcome 10 Dollar.
Step 2 – Transmit Your Funds 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. Skillcoin (SKILL) is available on Binance, so we're going to use that as an illustration. Not sure on how to send Coinbase funds to an Exchange? (Just follow this manual) Make sure you've selected the precise coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etcetera. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be different (Just follow our how-to).
Step 3 – Locate Skillcoin (SKILL) As soon as your deposit has been approved, you'll now have access to your funds and you can commence buying and trading. To purchase Skillcoin (SKILL) on Binance, you'll want to hover over the ”Exchange” tab and click on “Basic”. In order to locate Skillcoin (SKILL), you'll need to put the short name of the asset (SKILL) into the search-box, which is marked in the graphic. Make sure you have choosen the proper grouping, we have marked this also. Click on “SKILL/BTC” to proceed.
Step 4 – Buy Skillcoin (SKILL) After you have located Skillcoin (SKILL), you will be presented with a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). Next we're creating our Limit Order. The field with the “Price” tag will be filled with the most latest valuation Skillcoin (SKILL) was sold for. This can be changed to your desired price. The field with the “Amount” tag is the quantity of SKILL you wish to purchase. The field with the “Total” tag is the whole price in BTC that you will settle for the whole quantity of SKILL. When you're glad, click on “Buy SKILL”. Your plan will be filled when a Vendor sells their SKILL for the price you submitted.
Step 5 – Withdraw Skillcoin (SKILL) Unless you are frequently trading, never keep your crypto on an Crypto Exchange for an extensive time frame. In order to take off your Skillcoin (SKILL), go to the ”Funds” tab and click on “Withdraw”. Skillcoin (SKILL) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Skillcoin (SKILL) by using the provided drop-down box. Drop in the amount of Skillcoin (SKILL) you would wish to take off. Don't forget the shown fees/minimums. Also make sure you have entered your right withdraw address. When you are satisfied, make a mouse click on “Submit”. You may be requested for email/phone verification ahead of a take off.