A Step-by-Step-Guide on how to buy Sylo (SYLO)
Step 1 – Signup to Kraken You'll first need to buy one of the bigger coins. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Click the button below for registration and getting BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Transmit Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Exchange Your Ethereum or Bitcoin has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is identical. Sylo (SYLO) is available on Binance, so we will use that as an sample. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this manual) 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, etc. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our guide).
Step 3 – Locate Sylo (SYLO) As soon as your deposit has been affirmed, you will now have access to your assets and you can launch purchasing and trading. To purchase Sylo (SYLO) on Binance, you will want to go to the tab which is called “Exchange” and after that mouse click on “Basic”. To spot Sylo (SYLO), you will need to put the cointype (SYLO) into the search-box, which is marked in the picture. Be certain of having choosen the proper pairing, we have marked this also. Click on “SYLO/BTC” to progress.
Step 4 – Purchase Sylo (SYLO) Once you've spotted Sylo (SYLO), you'll be presented with a Chart with Prices (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 automatically filled with the most up-to-date rate Sylo (SYLO) was traded for. This can be changed to your favoured price. The field with the “Amount” tag is the volumen of SYLO you wish to buy. The field with the “Total” tag is the aggregated price in BTC that you will pay for the whole volumen of SYLO. When you are happy, click on “Buy SYLO”. Your plan will be filled when a Vender trades their SYLO for the price you submitted.
Step 5 – Withdraw Sylo (SYLO) Unless you're trading, best advise is not to keep coins on an Exchange for an extended time frame. To take off your Sylo (SYLO), go to the ”Funds” tab and click on “Withdraw”. Sylo (SYLO) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Sylo (SYLO) by using the given drop-down box. Put into the volumen of Sylo (SYLO) you would wish to take off. Take into account the displayed fees/minimums. Also make sure you have filled your right withdraw address. When you're happy, click “Submit”. You may be asked for verfication via email/phone ahead of a take off.