How to Buy Sylo (SYLO)

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).

Binance Signup
Step 2 – Send Your Bitcoin or Ethereum to an Exchange

Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is similar. Sylo (SYLO) is available on Binance, so we will use that as an sample. Unsure on how to send Coinbase funds to an Exchange? (Follow this how-to)

Make sure you've chosen the right coin you wish to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etcetera. In the case you're working with a decentralized exchange, like Airswap or DDEX could be unlike (Just follow these easy steps).

Step 3 – Find Sylo (SYLO)

As soon as your deposit has been confirmed, you'll directly have access to your funds and you can launch invest and trading. To buy Sylo (SYLO) on Binance, you'll want to go to the tab which is called “Exchange” and then click on “Basic”.

To discover Sylo (SYLO), you will need to insert the short name of the asset (SYLO) into the search-box, which is highlighted in the image. Be certain of having choosen the correct grouping, we have marked this also. Click on “SYLO/BTC” to progress.

Binance Hot To Buy Sylo (SYLO)
Binance How to Buy (SYLO) Sylo
Step 4 – Acquisition of Sylo (SYLO)

As soon as you have located Sylo (SYLO), you'll be presented with a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). And now we're creating our own Limit Order.

The field with the “Price” tag will be filled automatically with the most latest valuation Sylo (SYLO) was traded for. You can change this to your preferred rate. The field with the “Amount” tag is the quantity of SYLO you want to purchase. The field with the “Total” tag is the whole price in BTC that you'll settle for the whole quantity of SYLO.

If you're satisfied, make a mouse click on “Buy SYLO”. Your order will be filled as soon as a Vendor sells their SYLO for the price you offered.

Step 5 – Withdraw Sylo (SYLO)

Unless you are frequently trading, best advise is not to keep coins on an Crypto Exchange for an extended period of time. To take off your Sylo (SYLO), hover over the tab called “Funds” and click on “Withdraw”. Sylo (SYLO) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Sylo (SYLO) by using the given drop-down box. Drop in the amount of Sylo (SYLO) you would wish to withdraw. Don't forget the demonstrated minimus/fees. Also make sure you have entered your correct withdraw address.

When you're happy, click on “Submit”. You may be asked for phone/email verification ahead of a withdrawal.

Binance Withdraw

Congratulations! You've successfully bought and safed Sylo (SYLO).

That's it!

Withdrawals from Cryptocurrency Exchange can durate anywhere from 1 – 30 minutes (depending on network usage). Once you have confirmed your withdrawal using Ethplorer.io or Etherscan.io and the (SYLO) Sylo is safe in your wallet, you are finished.

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