A Step-by-Step-Guide on how to buy SKYFchain (SKYFT)
Step 1 – Join Kraken You will first need to buy units of the top-tier currencies. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Click below for registration and receive Ethereum or Bitcoin.
Step 2 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Exchange Your Ethereum or Bitcoin will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is identical. SKYFchain (SKYFT) is available on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Crypto Exchange? (Follow this how-to) Make sure you have selected the precise coin you wish to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so forth. If you're working with a decentralized exchange, like Airswap or DDEX could be divergent (Follow our manual).
Step 3 – Find SKYFchain (SKYFT) As soon as your deposit has been verified, you will instantly have access to your finances and you can begin purchasing and trading. To purchase SKYFchain (SKYFT) on Binance, you will want to go to the tab which is called “Exchange” and click on “Basic”. To discover SKYFchain (SKYFT), you will need to put the shortname of the coin (SKYFT) into the search box, which is marked in the picture. Make sure you have selected the right grouping, we've marked this also. Click on “SKYFT/BTC” to progress.
Step 4 – Buying SKYFchain (SKYFT) Once you've discovered SKYFchain (SKYFT), you will be presented with a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). And now we are going to create our own Limit Order. The field with the “Price” tag will be filled with the latest price SKYFchain (SKYFT) was sold for. You can change this to your preferred rate. The field with the “Amount” tag is the amount of SKYFT you like to buy. The field with the “Total” tag is the total price in Bitcoin that you will pay for the whole amount of SKYFT. If you're happy, click on “Buy SKYFT”. Your plan will be filled as soon as a Vendor trades their SKYFT for the price you submitted.
Step 5 – Withdraw SKYFchain (SKYFT) Unless you are regularly trading, never keep your crypto coins on an Crypto Trader for an extended time frame. To withdraw your SKYFchain (SKYFT), go to the tab called “Funds” and click on “Withdraw”. SKYFchain (SKYFT) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate SKYFchain (SKYFT) by using the provided drop-down box. Enter the quantity of SKYFchain (SKYFT) you'd wish to withdraw. Take into account the displayed minimus/fees. Also make sure you have filled your correct withdraw address. If you are satisfied, click “Submit”. You could be asked for verfication via email/phone before a withdrawal.