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 – Send Your Bitcoin or Ethereum to an Cryptocurrency Exchange Your Ethereum or Bitcoin will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is alike. UniLayer (LAYER) is obtainable on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this manual) Make sure you've chosen the right coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etc. In the case you are using a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our how-to).
Step 3 – Locate UniLayer (LAYER) As soon as your deposit has been confirmed, you will immediately have access to your assets and you can begin purchasing and trading. To buy UniLayer (LAYER) on Binance, you will want to hover over the ”Exchange” tab and then mouse click on “Basic”. To spot UniLayer (LAYER), you will need to insert the shortname of the coin (LAYER) into the search box, which is marked in the picture. Make sure you have selected the correct grouping, we have marked this too. Click on “LAYER/BTC” to progress.
Step 4 – Acquisition of UniLayer (LAYER) After you have located UniLayer (LAYER), you'll be presented with a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). Next we're creating our own Limit Order. The field with the “Price” tag will be filled automatically with the latest rate UniLayer (LAYER) was traded for. You can change this to your favoured rate. The field with the “Amount” tag 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 when a Vendor sells their LAYER for the price you offered.
Step 5 – Withdraw UniLayer (LAYER) Unless you're trading, best advise is not to keep your crypto coins on an Crypto Exchange for an extended time frame. In order to take off your UniLayer (LAYER), hover over the ”Funds” tab and mouse click on “Withdraw”. UniLayer (LAYER) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find UniLayer (LAYER) by using the given drop-down box. Drop in the amount of UniLayer (LAYER) you would like to take off. Take into account the displayed minimus/fees. Also make sure you have entered your correct withdraw address. If you're satisfied, make a mouse click on “Submit”. You may be asked for phone/email verification ahead of a withdrawal.