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 – Send Your BTC (Bitcoin) or ETH (Ethereum) to an Cryptocurrency Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. Telos (TLOS) is accessible on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Exchange? (Just follow this guide) Make sure you've selected the correct coin you wish to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so forth. If you are working with a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our how-to).
Step 3 – Locate Telos (TLOS) As soon as your deposit has been verified, you'll now have access to your funds and you can begin buying and trading. To purchase Telos (TLOS) on Binance, you will want to go to the ”Exchange” tab and then mouse click on “Basic”. To find Telos (TLOS), you'll need to put the cointype (TLOS) into the search-box, which is highlighted in the graphic. Be certain of having selected the proper grouping, we have highlighted this too. Click on “TLOS/BTC” to proceed.
Step 4 – Purchasing Telos (TLOS) Once you have located Telos (TLOS), you will be given a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the image). Next we are making our own Limit Order. The ”Price” field will be filled with the most latest tariff Telos (TLOS) was sold for. This can be changed to your desired price. The ”Amount” field is the volumen of TLOS you like to purchase. The field with the “Total” tag is the whole price in BTC that you'll pay for the complete volumen of TLOS. If you're happy, make a mouse click on “Buy TLOS”. Your order will be filled when a Seller sells their TLOS for the price you introduced.
Step 5 – Withdraw Telos (TLOS) Unless you're frequently trading, you should never keepyour crypto coins on an Crypto Exchange for an longer period of time. To withdraw your Telos (TLOS), go to the tab called “Funds” and click on “Withdraw”. Telos (TLOS) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Telos (TLOS) by using the provided drop-down box. Enter the amount of Telos (TLOS) you'd like to take off. Don't forget the demonstrated minimus/fees. Also make sure you have entered your correct withdraw address. When you are glad, make a mouse click on “Submit”. You may be asked for verfication via email/phone ahead of a withdrawal.