A Step-by-Step-Guide on how to buy SkinCoin (SKIN)
Step 1 – Join CEX.io In the beginning you'll need to purchase units of the major coins. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Click the button below to register and getting ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Send Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is similar. SkinCoin (SKIN) is accessible on Binance, so we will use that as an illustration. Not sure on how to send Coinbase funds to an Crypto Exchange? (Follow this manual) Make sure you've selected the right coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, et cetera. In the case you're working with a decentralized exchange, like Airswap or DDEX could be opposed (Follow our manual).
Step 3 – Locate (SKIN) SkinCoin Once your deposit has been affirmed, you will immediately have access to your funds and you can initiate buying and trading. To invest in (SKIN) SkinCoin on Binance, you will want to hover over the tab which is called “Exchange” and then click on “Basic”. In order to find (SKIN) SkinCoin, you will need to insert the cointype (SKIN) into the search-box, which is marked in the picture. Make sure you have selected the right pairing, we have marked this also. Click on “SKIN/BTC” to go ahead.
Step 4 – Purchasing (SKIN) SkinCoin Once you have located (SKIN) SkinCoin, you'll be given a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the image). For now we are making our own Limit Order. The field with the “Price” tag will be automatically filled with the most recent tariff (SKIN) SkinCoin was traded for. This can be changed to your favoured price. The ”Amount” field is the amount of SKIN you want to buy. The field with the “Total” tag is the whole price in BTC that you'll pay for the complete amount of SKIN. If you are satisfied, click on “Buy SKIN”. Your order will be filled when a Seller trades their SKIN for the price you submitted.
Step 5 – Withdraw SkinCoin (SKIN) Unless you are regularly trading, best advise is not to keep your crypto coins on an Exchange for an extensive time frame. To take off your SkinCoin (SKIN), hover over the ”Funds” tab and mouse click on “Withdraw”. SkinCoin (SKIN) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate SkinCoin (SKIN) by using the given drop-down box. Enter the volumen of SkinCoin (SKIN) you would wish to take off. Don't forget the displayed fees/minimums. Also make sure you have filled your right withdraw address. When you are happy, make a mouse click on “Submit”. You may be requested for email/phone verification before a take off.