A Step-by-Step-Guide on how to buy SkyMap (SKYM)
Step 1 – Signup to Kraken You will first need to purchase units of the major currencies. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Follow the Link below to register and getting BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Transmit Your Funds to an Crypto Exchange Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is identical. SkyMap (SKYM) is available 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 guide) Make sure you have chosen the exact coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so on. In the case you are dealing with a decentralized exchange, such as Airswap or DDEX could be different (Just follow our guide).
Step 3 – Find SkyMap (SKYM) As soon as your deposit has been verified, you'll directly have access to your assets and you can commence invest and trading. To invest in SkyMap (SKYM) on Binance, you'll want to go to the tab which is called “Exchange” and click on “Basic”. In order to spot SkyMap (SKYM), you'll need to insert the short name of the asset (SKYM) into the search box, which is marked in the picture. Make sure you have selected the proper pairing, we have marked this also. Click on “SKYM/BTC” to progress.
Step 4 – Buy SkyMap (SKYM) After you have spotted SkyMap (SKYM), you will be presented with a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). And now we are going to make our Limit Order. The ”Price” field will be filled with the up-to-date rate SkyMap (SKYM) was sold for. This can be changed to your preferred rate. The ”Amount” field is the amount of SKYM you like to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you will settle for the complete amount of SKYM. When you're glad, make a mouse click on “Buy SKYM”. Your plan will be filled as soon as a Seller sells their SKYM for the price you introduced.
Step 5 – Withdraw SkyMap (SKYM) Unless you are trading, best advise is not to keep your crypto on an Cryptocurrency Exchange for an longer period of time. In order to take off your SkyMap (SKYM), go to the tab called “Funds” and mouse click on “Withdraw”. SkyMap (SKYM) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate SkyMap (SKYM) by using the provided drop-down box. Put into the quantity of SkyMap (SKYM) you'd wish to take off. Don't forget the presented minimus/fees. Also make sure you have entered your precise withdraw address. If you are satisfied, click “Submit”. You could be asked for verfication via email/phone before a withdrawal.