A Step-by-Step-Guide on how to buy UChain (UCN)
Step 1 – Join CEX.io In the beginning you'll need to purchase one of the major currencies. Exchanges commonly accept either Bitcoin or Ethereum in exchange for alternative Coins. Follow the Link below for registration and getting Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Send Your Bitcoin or Ethereum to an Cryptocurrency Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. UChain (UCN) 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 manual) Make sure you have selected the exact coin you wish to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so forth. In the case you are dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our manual).
Step 3 – Find UChain (UCN) As soon as your deposit has been confirmed, you will immediately have access to your assets and you can initiate purchasing and trading. To buy UChain (UCN) on Binance, you will want to hover over the ”Exchange” tab and then click on “Basic”. To find UChain (UCN), you will need to insert the short name of the asset (UCN) into the search-box, which is highlighted in the graphic. Be certain of having choosen the proper pairing, we have highlighted this also. Click on “UCN/BTC” to proceed.
Step 4 – Purchasing (UCN) UChain As soon as you have found (UCN) UChain, you'll be given a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). For now we are making our Limit Order. The ”Price” field will be automatically filled with the recent valuation (UCN) UChain was sold for. You can change this to your preferred rate. The ”Amount” field is the volumen of UCN you wish to purchase. The field with the “Total” tag is the whole price in Bitcoin that you will settle for the whole volumen of UCN. When you're glad, make a mouse click on “Buy UCN”. Your order will be filled as soon as a Vendor sells their UCN for the price you submitted.
Step 5 – Withdraw UChain (UCN) Unless you're trading, you should never keepyour crypto on an Cryptocurrency Exchange for an extensive period of time. To take off your UChain (UCN), go to the ”Funds” tab and mouse click on “Withdraw”. UChain (UCN) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find UChain (UCN) by using the provided drop-down box. Put into the amount of UChain (UCN) you'd like to take off. Don't forget the presented minimus/fees. Also make sure you have filled your correct withdraw address. When you're glad, click on “Submit”. You may be requested for verfication via phone/email before a withdrawal.