How to Buy UniLayer (LAYER)

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.

Binance Signup
Step 2 – Transmit Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Exchange

Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is similar. UniLayer (LAYER) is obtainable on Binance, so we will use that as an sample. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow these easy steps)

Make sure you have chosen the exact coin you wish to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an ETH deposit address, and so forth. If you're using a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our manual).

Step 3 – Locate UniLayer (LAYER)

Once your deposit has been affirmed, you will immediately have access to your finances and you can commence buying and trading. To buy UniLayer (LAYER) on Binance, you will want to go to the tab which is called “Exchange” and after that click on “Basic”.

To discover UniLayer (LAYER), you'll need to put the short name of the asset (LAYER) into the search box, which is marked in the image. Make sure you have selected the proper pairing, we have marked this also. Click on “LAYER/BTC” to continue.

Binance Hot To Buy UniLayer (LAYER)
Binance How to Buy (LAYER) UniLayer
Step 4 – Buying UniLayer (LAYER)

Once you have discovered UniLayer (LAYER), you will be presented with a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). Next we are going to make our own Limit Order.

The field with the “Price” tag will be filled automatically with the most recent tariff UniLayer (LAYER) was traded for. This can be changed to your favoured price. The ”Amount” field is the amount of LAYER you like to buy. The ”Total” field is the total price in Bitcoin that you will settle for the whole amount of LAYER.

When you're satisfied, click on “Buy LAYER”. Your order will be filled as soon as a Vender trades their LAYER for the price you introduced.

Step 5 – Withdraw UniLayer (LAYER)

Unless you're regularly trading, best advise is not to keep your crypto on an Exchange for an extensive period of time. To take off your UniLayer (LAYER), go to the ”Funds” tab and click on “Withdraw”. UniLayer (LAYER) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find UniLayer (LAYER) by using the provided drop-down box. Drop in the quantity of UniLayer (LAYER) you'd like to take off. Take into account the shown minimus/fees. Also make sure you have entered your correct withdraw address.

If you are happy, click “Submit”. You could be requested for phone/email verification before a withdrawal.

Binance Withdraw

Congrats! You've successfully purchased and stored UniLayer (LAYER).

That's it!

Withdrawals from Cryptocurrency Exchange can take anywhere from 1 – 30 minutes (rely on usage of the network). Once you've confirmed your withdrawal with Ethplorer.io or Etherscan.io and the (LAYER) UniLayer is safe in your wallet, you are done.

Some other Guides on How to buy Coins

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