A Step-by-Step-Guide on how to buy SkyMap (SKYM)
Step 1 – Signup to CEX.io You'll first need to buy one of the major coins. Exchanges commonly accept either Bitcoin or Ethereum in exchange for alternative Coins. Follow the Link below to register and receive Ethereum or Bitcoin.
Step 2 – Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Exchange Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is alike. SkyMap (SKYM) is accessible on Binance, so we're going to use that as an example. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Follow this how-to) Make sure you have selected the right coin you wish to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etc. In the case you're working with a decentralized exchange, like Airswap or DDEX could be unlike (Follow our guide).
Step 3 – Find (SKYM) SkyMap Once your deposit has been verified, you will instantly have access to your assets and you can launch buying and trading. To invest in (SKYM) SkyMap on Binance, you will want to hover over the tab which is called “Exchange” and then click on “Basic”. To spot (SKYM) SkyMap, you will need to insert the short name of the asset (SKYM) into the search box, which is marked in the image. Make sure you have selected the correct grouping, we've marked this too. Click on “SKYM/BTC” to go on.
Step 4 – Buying SkyMap (SKYM) As soon as you have spotted SkyMap (SKYM), you will be given a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). For now we are going to make our own Limit Order. The field with the “Price” tag will be automatically filled with the recent tariff SkyMap (SKYM) was traded for. This can be changed to your desired rate. The field with the “Amount” tag is the amount of SKYM you like to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you'll settle for the complete amount of SKYM. If you are happy, make a mouse click on “Buy SKYM”. Your order will be filled as soon as a Vender sells their SKYM for the price you gave.
Step 5 – Withdraw SkyMap (SKYM) Unless you are trading, never keep your coins on an Crypto Exchange for an extended time period. To take off your SkyMap (SKYM), hover over the tab called “Funds” and mouse click on “Withdraw”. SkyMap (SKYM) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find SkyMap (SKYM) by using the given drop-down box. Enter the volumen of SkyMap (SKYM) you'd like to take off. Take into account the demonstrated fees/minimums. Also make sure you have filled your correct withdraw address. When you are glad, click on “Submit”. You may be asked for verfication via email/phone ahead of a withdrawal.