How to Buy Teloscoin (TELOS)

A Step-by-Step-Guide on how to buy Teloscoin (TELOS)

Step 1 – Join Kraken

In the beginning you'll need to buy one of the top-tier currencies. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Follow the Link below for registration and getting Bitcoin (BTC) or Ethereum (ETH).

Binance Signup
Step 2 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Exchange

Your Ethereum or Bitcoin will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is alike. Teloscoin (TELOS) is available on Binance, so we will use that as an sample. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Follow these easy steps)

Make sure you have chosen the precise coin you would like to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so on. In the case you are working with a decentralized exchange, like Airswap or DDEX could be opposed (Follow our how-to).

Step 3 – Locate Teloscoin (TELOS)

Once your deposit has been approved, you'll instantly have access to your assets and you can launch purchasing and trading. To buy Teloscoin (TELOS) on Binance, you'll want to hover over the tab which is called “Exchange” and after that click on “Basic”.

In order to find Teloscoin (TELOS), you'll need to put the shortname of the coin (TELOS) into the search box, which is highlighted in the graphic. Be certain of having selected the right grouping, we've highlighted this too. Click on “TELOS/BTC” to advance.

Binance Hot To Buy Teloscoin (TELOS)
Binance How to Buy (TELOS) Teloscoin
Step 4 – Buying Teloscoin (TELOS)

Once you have discovered Teloscoin (TELOS), you will be presented with a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the image). Next we are creating our own Limit Order.

The ”Price” field will be filled with the most latest price Teloscoin (TELOS) was traded for. This can be changed to your favoured rate. The ”Amount” field is the quantity of TELOS you wish to buy. The ”Total” field is the total price in BTC that you'll pay for the complete volumen of TELOS.

When you're happy, make a mouse click on “Buy TELOS”. Your order will be filled as soon as a Seller trades their TELOS for the price you introduced.

Step 5 – Withdraw Teloscoin (TELOS)

Unless you're frequently trading, best advise is not to keep crypto coins on an Cryptocurrency Exchange for an extensive period of time. In order to withdraw your Teloscoin (TELOS), go to the ”Funds” tab and mouse click on “Withdraw”. Teloscoin (TELOS) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Teloscoin (TELOS) by using the provided drop-down box. Enter the volumen of Teloscoin (TELOS) you would wish to take off. Don't forget the shown fees/minimums. Also make sure you have entered your precise withdraw address.

If you're glad, click “Submit”. You could be asked for verfication via email/phone ahead of a withdrawal.

Binance Withdraw

Congrats! You've successfully purchased and stored Teloscoin (TELOS).

That's it!

Take offs from Exchange can take anywhere from 1 – 30 minutes (rely on network usage). As soon as you have confirmed your take off using Etherscan.io or Ethplorer.io and the (TELOS) Teloscoin is safe in your wallet, you're finished.

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