A Step-by-Step-Guide on how to buy YACoin (YAC)
Step 1 – Join Kraken You will first need to purchase one of the bigger currencies. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Click below for registration and getting Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transfer Your Funds to an Crypto Trader Your Ethereum or Bitcoin will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is alike. YACoin (YAC) is available on Binance, so we're going to use that as an sample. Not sure on how to send funds from Coinbase to an Crypto Trader? (Follow this how-to) Make sure you've selected the exact coin you wish to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, et cetera. If you're working with a decentralized exchange, like Airswap or DDEX could be unlike (Follow these easy steps).
Step 3 – Find YACoin (YAC) As soon as your deposit has been approved, you will instantly have access to your finances and you can initiate purchasing and trading. To invest in YACoin (YAC) on Binance, you will want to go to the ”Exchange” tab and click on “Basic”. In order to discover YACoin (YAC), you will need to insert the short name of the asset (YAC) into the search-box, which is marked in the picture. Be certain of having choosen the correct grouping, we have marked this too. Click on “YAC/BTC” to advance.
Step 4 – Purchase YACoin (YAC) After you have found YACoin (YAC), you will be given a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). Next we're going to create our own Limit Order. The field with the “Price” tag will be filled automatically with the most up-to-date rate YACoin (YAC) was traded for. This can be changed to your favoured price. The field with the “Amount” tag is the volumen of YAC you want to buy. The ”Total” field is the total price in BTC that you will pay for the whole volumen of YAC. If you are happy, make a mouse click on “Buy YAC”. Your plan will be filled as soon as a Vendor sells their YAC for the price you gave.
Step 5 – Withdraw YACoin (YAC) Unless you are frequently trading, you should never keepyour crypto on an Exchange for an extended time frame. To withdraw your YACoin (YAC), hover over the tab called “Funds” and click on “Withdraw”. YACoin (YAC) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find YACoin (YAC) by using the given drop-down box. Put into the volumen of YACoin (YAC) you would wish to withdraw. Take into account the presented fees/minimums. Also make sure you have filled your correct withdraw address. If you are glad, make a mouse click on “Submit”. You may be asked for phone/email verification ahead of a take off.