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).
Step 2 – Transmit Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Trader Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is alike. Teloscoin (TELOS) is accessible on Binance, so we're going to use that as an sample. Unsure on how to send funds from Coinbase to an Crypto Trader? (Just follow this manual) Make sure you have selected the precise coin you wish to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etcetera. In the case you are using a decentralized exchange, such as Airswap or DDEX could be different (Just follow our guide).
Step 3 – Locate Teloscoin (TELOS) Once your deposit has been confirmed, you will instantly have access to your funds and you can initiate buying and trading. To buy Teloscoin (TELOS) on Binance, you will want to hover over the ”Exchange” tab and after that click on “Basic”. To locate Teloscoin (TELOS), you will need to put the shortname of the coin (TELOS) into the search-box, which is marked in the image. Be certain of having choosen the proper pairing, we've marked this too. Click on “TELOS/BTC” to continue.
Step 4 – Buying Teloscoin (TELOS) After you've located Teloscoin (TELOS), you'll be given a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). Next we are creating our own Limit Order. The field with the “Price” tag will be filled with the up-to-date rate Teloscoin (TELOS) was sold for. This can be changed to your desired price. The ”Amount” field is the quantity of TELOS you like to buy. The ”Total” field is the aggregated price in BTC that you will settle for the complete quantity of TELOS. If you're glad, click on “Buy TELOS”. Your order will be filled as soon as a Seller sells their TELOS for the price you introduced.
Step 5 – Withdraw Teloscoin (TELOS) Unless you are regularly trading, best advise is not to keep your crypto coins on an Exchange for an longer period of time. To withdraw your Teloscoin (TELOS), go to the ”Funds” tab and click on “Withdraw”. Teloscoin (TELOS) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Teloscoin (TELOS) by using the provided drop-down box. Enter the quantity of Teloscoin (TELOS) you would like to withdraw. Don't forget the shown fees/minimums. Also make sure you have filled your right withdraw address. When you are glad, click “Submit”. You may be requested for phone/email verification before a withdrawal.