A Step-by-Step-Guide on how to buy Telcoin (TEL)
Step 1 – Join CEX.io You will first need to purchase one of the top-tier coins. Exchanges normally accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Follow the Link below for registration and to get Ethereum or Bitcoin.
Step 2 – Transfer Your Bitcoin or Ethereum to an Exchange Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Exchange now. All exchanges have a deposit form that is alike. Telcoin (TEL) is accessible on Binance, so we're going to use that as an example. Unsure on how to send Coinbase funds to an Exchange? (Follow this guide) Make sure you've selected the right coin you wish 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, like Airswap or DDEX could be divergent (Follow our manual).
Step 3 – Find (TEL) Telcoin As soon as your deposit has been approved, you'll immediately have access to your finances and you can commence invest and trading. To invest in (TEL) Telcoin on Binance, you'll want to go to the tab which is called “Exchange” and mouse click on “Basic”. To discover (TEL) Telcoin, you'll need to put the short name of the asset (TEL) into the search box, which is marked in the graphic. Be certain of having selected the right grouping, we have marked this too. Click on “TEL/BTC” to continue.
Step 4 – Buy (TEL) Telcoin After you have spotted (TEL) Telcoin, 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 creating our Limit Order. The ”Price” field will be filled automatically with the up-to-date rate (TEL) Telcoin was sold for. You can change this to your desired rate. The ”Amount” field is the amount of TEL you want to buy. The ”Total” field is the aggregated price in Bitcoin that you will pay for the complete amount of TEL. If you're glad, make a mouse click on “Buy TEL”. Your order will be filled when a Seller trades their TEL for the price you submitted.
Step 5 – Withdraw (TEL) Telcoin Unless you are trading, best advise is not to keep crypto on an Exchange for an longer time period. To withdraw your (TEL) Telcoin, go to the tab called “Funds” and mouse click on “Withdraw”. (TEL) Telcoin can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find (TEL) Telcoin by using the provided drop-down box. Drop in the amount of (TEL) Telcoin you'd like to withdraw. Take into account the demonstrated minimus/fees. Also make sure you have entered your correct withdraw address. If you are satisfied, click on “Submit”. You may be asked for phone/email verification before a withdrawal.