A Step-by-Step-Guide on how to buy YAM (YAM)
Step 1 – Join Coinbase – Get Free $10 In the beginning you'll need to buy units of the bigger currencies. Exchanges normally accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Click below for registration and getting your welcome 10 Dollar.
Step 2 – Transfer Your Funds to an Crypto Trader Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is identical. YAM (YAM) is accessible on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Crypto Trader? (Follow this how-to) Make sure you have chosen the correct coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etcetera. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our manual).
Step 3 – Locate (YAM) YAM As soon as your deposit has been verified, you will now have access to your funds and you can begin purchasing and trading. To invest in (YAM) YAM on Binance, you will want to hover over the tab which is called “Exchange” and mouse click on “Basic”. In order to spot (YAM) YAM, you will need to put the shortname of the coin (YAM) into the search-box, which is highlighted in the graphic. Make sure you have choosen the proper pairing, we've highlighted this also. Click on “YAM/BTC” to go on.
Step 4 – Purchase (YAM) YAM As soon as you have spotted (YAM) YAM, you will be presented with a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). And now we're going to create our Limit Order. The field with the “Price” tag will be automatically filled with the most up-to-date rate (YAM) YAM was sold for. You can change this to your desired price. The field with the “Amount” tag is the amount of YAM you like to buy. The ”Total” field is the total price in BTC that you will settle for the complete amount of YAM. If you are happy, click on “Buy YAM”. Your plan will be filled as soon as a Seller sells their YAM for the price you introduced.
Step 5 – Withdraw (YAM) YAM Unless you are frequently trading, best advise is not to keep your coins on an Crypto Exchange for an extensive time period. To take off your (YAM) YAM, hover over the ”Funds” tab and click on “Withdraw”. (YAM) YAM can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find (YAM) YAM by using the given drop-down box. Drop in the volumen of (YAM) YAM you'd wish to take off. Don't forget the demonstrated minimus/fees. Also make sure you have entered your right withdraw address. When you are happy, make a mouse click on “Submit”. You may be requested for verfication via email/phone ahead of a withdrawal.