A Step-by-Step-Guide on how to buy UniLayer (LAYER)
Step 1 – Join Kraken You will first need to buy units of the major coins. Exchanges normally accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Click the button below for registration and to get Ethereum or Bitcoin.
Step 2 – Transfer Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Exchange Your Bitcoin or Ethereum will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is identical. UniLayer (LAYER) is accessible on Binance, so we will use that as an sample. Unsure on how to send Coinbase funds to an Exchange? (Follow this guide) Make sure you have chosen the precise coin you would like to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etc. If you are working with a decentralized exchange, like Airswap or DDEX could be different (Follow our guide).
Step 3 – Find UniLayer (LAYER) Once your deposit has been affirmed, you will now have access to your funds and you can commence invest and trading. To invest in UniLayer (LAYER) on Binance, you'll want to go to the tab which is called “Exchange” and then click on “Basic”. In order to spot UniLayer (LAYER), you will need to put the cointype (LAYER) into the search box, which is marked in the picture. Make sure you have selected the right pairing, we've highlighted this also. Click on “LAYER/BTC” to go on.
Step 4 – Purchasing UniLayer (LAYER) After you've spotted UniLayer (LAYER), you will be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the image). For now we are creating our own Limit Order. The ”Price” field will be filled automatically with the most recent valuation UniLayer (LAYER) was traded for. This can be changed to your preferred price. The field with the “Amount” tag is the amount of LAYER you like to buy. The ”Total” field is the aggregated price in Bitcoin that you will settle for the whole amount of LAYER. If you are glad, click on “Buy LAYER”. Your order will be filled when a Vendor trades their LAYER for the price you introduced.
Step 5 – Withdraw UniLayer (LAYER) Unless you're frequently trading, never keep your crypto on an Crypto Trader for an longer time period. To take off your UniLayer (LAYER), hover over the ”Funds” tab and mouse click on “Withdraw”. UniLayer (LAYER) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find UniLayer (LAYER) by using the provided drop-down box. Put into the quantity of UniLayer (LAYER) you'd like to withdraw. Don't forget the demonstrated fees/minimums. Also make sure you have filled your precise withdraw address. When you're satisfied, make a mouse click on “Submit”. You may be requested for verfication via email/phone ahead of a take off.