How to Buy YAM (YAM)

Step 1 – Join Kraken

You'll first need to buy one of the major currencies. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Click the button below to register and to get Bitcoin (BTC) or Ethereum (ETH).

Step 2 – Send Your Funds to an Crypto Exchange

Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is alike. YAM (YAM) is available on Binance, so we will use that as an illustration. Not sure on how to send funds from Coinbase to an Exchange? (Just follow these easy steps)

Make sure you've selected the right coin you want to deposit.

Bitcoin must be sent to a BTC deposit address, ETH to an Ethereum deposit address, et cetera. If you are using a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our how-to).

Step 3 – Find YAM (YAM)

As soon as your deposit has been affirmed, you'll instantly have access to your funds and you can begin purchasing and trading. To purchase YAM (YAM) on Binance, you will want to go to the ”Exchange” tab and after that mouse click on “Basic”.

To discover YAM (YAM), you'll need to insert the cointype (YAM) into the search box, which is marked in the graphic. Be certain of having choosen the right pairing, we have highlighted this also. Click on “YAM/BTC” to progress.

Step 4 – Buying YAM (YAM)

As soon as you've spotted YAM (YAM), you'll be presented with a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the picture). And now we're creating our own Limit Order.

The field with the “Price” tag will be automatically filled with the most latest valuation YAM (YAM) was sold for. You can change this to your preferred rate. The field with the “Amount” tag is the amount of YAM you wish to buy. The ”Total” field is the whole price in BTC that you'll pay for the whole volumen of YAM.

When you're happy, click on “Buy YAM”. Your order will be filled as soon as a Seller trades their YAM for the price you offered.

Step 5 – Withdraw YAM (YAM)

Unless you're regularly trading, best advise is not to keep your crypto coins on an Crypto Exchange for an longer period of time. In order to take off your YAM (YAM), go to the ”Funds” tab and mouse click on “Withdraw”. YAM (YAM) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate YAM (YAM) by using the provided drop-down box. Put into the quantity of YAM (YAM) you'd like to take off. Don't forget the displayed minimus/fees. Also make sure you have filled your precise withdraw address.

If you're glad, click “Submit”. You could be requested for verfication via phone/email ahead of a take off.