A Step-by-Step-Guide on how to buy Telos (TLOS)
Step 1 – Signup to Kraken In the beginning you'll need to purchase one of the major currencies. Exchanges commonly accept either Ethereum or Bitcoin in exchange for Altcoins. Click below for registration and receive ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Transfer Your Ethereum or Bitcoin to an Crypto Exchange Your Bitcoin or Ethereum has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. Telos (TLOS) is obtainable on Binance, so we will use that as an sample. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this guide) Make sure you have selected the precise coin you wish to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etcetera. If you are working with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our manual).
Step 3 – Find Telos (TLOS) Once your deposit has been verified, you will directly have access to your funds and you can commence purchasing and trading. To buy Telos (TLOS) on Binance, you will want to hover over the tab which is called “Exchange” and then click on “Basic”. In order to find Telos (TLOS), you will need to insert the short name of the asset (TLOS) into the search-box, which is marked in the graphic. Make sure you have selected the correct pairing, we've highlighted this also. Click on “TLOS/BTC” to progress.
Step 4 – Buying Telos (TLOS) As soon as you have found Telos (TLOS), you will be given a Price Chart (in the Center of the image) and a few Order Books (on the Left of the picture). And now we are creating our own Limit Order. The field with the “Price” tag will be filled with the most up-to-date price Telos (TLOS) was traded for. You can change this to your favoured rate. The ”Amount” field is the volumen of TLOS you like to buy. The field with the “Total” tag is the total price in BTC that you'll pay for the complete volumen of TLOS. When you are glad, click on “Buy TLOS”. Your plan will be filled as soon as a Seller sells their TLOS for the price you introduced.
Step 5 – Withdraw Telos (TLOS) Unless you are regularly trading, never keep your crypto coins on an Crypto Exchange for an extensive time frame. In order to take off your Telos (TLOS), go to the ”Funds” tab and mouse click on “Withdraw”. Telos (TLOS) can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Telos (TLOS) by using the provided drop-down box. Put into the amount of Telos (TLOS) you would like to take off. Don't forget the demonstrated fees/minimums. Also make sure you have entered your right withdraw address. When you're glad, click on “Submit”. You may be requested for verfication via phone/email before a take off.