A Step-by-Step-Guide on how to buy Telcoin (TEL)
Step 1 – Join Kraken You will first need to buy units of the bigger currencies. Exchanges normally accept either Bitcoin or Ethereum in exchange for alternative Coins. Click below for registration and getting Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Send Your Bitcoin (BTC) or Ethereum (ETH) to an Cryptocurrency Exchange Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is identical. Telcoin (TEL) is accessible on Binance, so we will use that as an illustration. Not sure on how to send Coinbase funds to an Crypto Trader? (Just follow these easy steps) Make sure you've chosen the exact coin you would like to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, and so on. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our how-to).
Step 3 – Find Telcoin (TEL) Once your deposit has been approved, you will directly have access to your finances and you can start invest and trading. To invest in Telcoin (TEL) on Binance, you will want to hover over the ”Exchange” tab and then click on “Basic”. In order to discover Telcoin (TEL), you will need to put the short name of the asset (TEL) into the search box, which is highlighted in the image. Be certain of having selected the right grouping, we've marked this also. Click on “TEL/BTC” to continue.
Step 4 – Purchasing Telcoin (TEL) As soon as you have spotted Telcoin (TEL), you will be given a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). And now we are making our own Limit Order. The field with the “Price” tag will be automatically filled with the most latest tariff Telcoin (TEL) was traded for. This can be changed to your desired rate. The field with the “Amount” tag is the volumen of TEL you want to buy. The field with the “Total” tag is the total price in BTC that you'll pay for the whole volumen of TEL. When you're glad, make a mouse click on “Buy TEL”. Your order will be filled as soon as a Vender trades their TEL for the price you gave.
Step 5 – Withdraw Telcoin (TEL) Unless you are regularly trading, best advise is not to keep your crypto coins on an Crypto Trader for an longer time period. In order to take off your Telcoin (TEL), hover over the tab called “Funds” and click on “Withdraw”. Telcoin (TEL) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Telcoin (TEL) by using the provided drop-down box. Put into the volumen of Telcoin (TEL) you'd wish to take off. Don't forget the presented minimus/fees. Also make sure you have filled your precise withdraw address. When you're glad, make a mouse click on “Submit”. You may be asked for email/phone verification before a withdrawal.
Kudos! You have successfully purchased and stored Telcoin (TEL).That's it! Take offs from Exchange can take between 1 – 30 minutes (rely on network usage). As soon as you've confirmed your take off using Etherscan.io or Ethplorer.io and the (TEL) Telcoin is stored inside your wallet, you are all done.
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