A Step-by-Step-Guide on how to buy SkinCoin (SKIN)
Step 1 – Signup to Kraken In the beginning you'll need to buy one of the top-tier currencies. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Follow the Link below for registration and receive Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Exchange Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is similar. SkinCoin (SKIN) is obtainable on Binance, so we're going to use that as an sample. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this how-to) Make sure you have chosen the correct coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etcetera. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our manual).
Step 3 – Locate SkinCoin (SKIN) As soon as your deposit has been approved, you will immediately have access to your assets and you can begin purchasing and trading. To buy SkinCoin (SKIN) on Binance, you will want to hover over the ”Exchange” tab and then mouse click on “Basic”. To spot SkinCoin (SKIN), you will need to insert the shortname of the coin (SKIN) into the search-box, which is highlighted in the picture. Be certain of having choosen the correct grouping, we've highlighted this also. Click on “SKIN/BTC” to proceed.
Step 4 – Purchasing SkinCoin (SKIN) After you've spotted SkinCoin (SKIN), you'll be presented with 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 latest rate SkinCoin (SKIN) was sold for. You can change this to your favoured rate. The field with the “Amount” tag is the amount of SKIN you wish to buy. The field with the “Total” tag is the aggregated price in BTC that you'll settle for the whole amount of SKIN. If you are satisfied, make a mouse click on “Buy SKIN”. Your order will be filled when a Vender trades their SKIN for the price you offered.
Step 5 – Withdraw SkinCoin (SKIN) Unless you are frequently trading, best advise is not to keep coins on an Cryptocurrency Exchange for an extended time frame. To take off your SkinCoin (SKIN), hover over the ”Funds” tab and mouse click on “Withdraw”. SkinCoin (SKIN) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate SkinCoin (SKIN) by using the given drop-down box. Enter the amount of SkinCoin (SKIN) you would wish to take off. Take into account the demonstrated minimus/fees. Also make sure you have filled your correct withdraw address. When you are satisfied, click on “Submit”. You could be requested for verfication via phone/email ahead of a withdrawal.