A Step-by-Step-Guide on how to buy TIMEcoin (TIMEC)
Step 1 – Join Coinbase and recieve 10$ for free You'll first need to buy one of the bigger currencies. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Click the button below to register and getting your first 10$.
Step 2 – Transmit Your Ethereum or Bitcoin to an Cryptocurrency Exchange Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. TIMEcoin (TIMEC) is accessible on Binance, so we're going to use that as an sample. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this guide) Make sure you have chosen the right coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etc. In the case you're using a decentralized exchange, like Airswap or DDEX could be different (Follow our how-to).
Step 3 – Find TIMEcoin (TIMEC) Once your deposit has been approved, you will now have access to your finances and you can commence purchasing and trading. To buy TIMEcoin (TIMEC) on Binance, you will want to hover over the ”Exchange” tab and after that click on “Basic”. To locate TIMEcoin (TIMEC), you will need to put the cointype (TIMEC) into the search box, which is marked in the picture. Be certain of having choosen the correct grouping, we've marked this also. Click on “TIMEC/BTC” to go on.
Step 4 – Buy TIMEcoin (TIMEC) After you've located TIMEcoin (TIMEC), you will be presented with a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). Next we're going to make our Limit Order. The ”Price” field will be automatically filled with the most recent tariff TIMEcoin (TIMEC) was traded for. You can change this to your desired rate. The field with the “Amount” tag is the quantity of TIMEC you wish to buy. The ”Total” field is the whole price in BTC that you will pay for the whole quantity of TIMEC. If you are happy, click on “Buy TIMEC”. Your order will be filled when a Vendor trades their TIMEC for the price you submitted.
Step 5 – Withdraw (TIMEC) TIMEcoin Unless you are regularly trading, best advise is not to keep your crypto on an Exchange for an extended time frame. In order to withdraw your (TIMEC) TIMEcoin, hover over the tab called “Funds” and click on “Withdraw”. (TIMEC) TIMEcoin can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate (TIMEC) TIMEcoin by using the given drop-down box. Put into the quantity of (TIMEC) TIMEcoin you'd wish to withdraw. Don't forget the displayed minimus/fees. Also make sure you have entered your correct withdraw address. If you are glad, make a mouse click on “Submit”. You may be requested for phone/email verification before a withdrawal.