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 – Transmit Your ETH (Ethereum) or BTC (Bitcoin) to an Cryptocurrency Exchange

Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Exchange now. Every exchange has a deposit form that is identical. YAM (YAM) is accessible on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this manual)

Make sure you've chosen the precise coin you want to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etcetera. If you're working with a decentralized exchange, like Airswap or DDEX could be opposed (Follow our guide).

Step 3 – Locate YAM (YAM)

As soon as your deposit has been approved, you will instantly have access to your finances and you can commence purchasing and trading. To purchase YAM (YAM) on Binance, you will want to hover over the ”Exchange” tab and after that click on “Basic”.

In order to locate YAM (YAM), you'll need to insert the shortname of the coin (YAM) into the search-box, which is highlighted in the image. Make sure you have choosen the proper pairing, we've highlighted this also. Click on “YAM/BTC” to advance.

Step 4 – Acquisition of YAM (YAM)

Once you have discovered YAM (YAM), you will be given a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the image). And now we're making our own Limit Order.

The field with the “Price” tag will be automatically filled with the most recent valuation YAM (YAM) was sold for. You can change this to your favoured rate. The field with the “Amount” tag is the amount of YAM you want to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you will settle for the whole quantity of YAM.

If you are glad, click on “Buy YAM”. Your order will be filled when a Vender trades their YAM for the price you submitted.

Step 5 – Withdraw YAM (YAM)

Unless you're regularly trading, best advise is not to keep coins on an Crypto Trader for an extended time frame. To withdraw your YAM (YAM), go to the ”Funds” tab and mouse click on “Withdraw”. YAM (YAM) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find YAM (YAM) by using the given drop-down box. Enter the volumen of YAM (YAM) you would wish to withdraw. Take into account the shown fees/minimums. Also make sure you have filled your right withdraw address.

If you are satisfied, click on “Submit”. You may be asked for verfication via email/phone before a take off.