How to Buy YAM (YAM)

A Step-by-Step-Guide on 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).

Binance Signup
Step 2 – {Transfer} Your {Bitcoin or Ethereum} to an {Crypto Trader}

Your {Ethereum (ETH) or Bitcoin (BTC)} {has} to be sent over to an {Crypto Exchange} now. {All exchanges have} a deposit form that is {identical}. YAM (YAM) is {obtainable} on Binance, so {we will} use that as an {illustration}. {Not sure} on how to send {Coinbase funds} to an {Cryptocurrency Exchange}? ({Just follow} {this how-to})

Make sure {you've} {selected} the {right} coin you {would like} to deposit.

{Bitcoin} must be sent to a {Bitcoin} deposit address, {Ethereum} to an {Ethereum} deposit address, {and so forth}. {In the case} {you're} {using} a decentralized exchange, {like} Airswap or DDEX could be {different} ({Follow} {our guide}).

Step 3 – {Locate} YAM (YAM)

{Once} your deposit has been {verified}, {you will} {immediately} have access to your {assets} and you can {launch} {buying} and trading. To {buy} YAM (YAM) on Binance, {you will} want to {hover over} the {”Exchange” tab} and{ after that} {click} on “Basic”.

{To} {discover} YAM (YAM), {you will} need to {put} the {shortname of the coin} (YAM) into the {search-box}, which is {highlighted} in the {picture}. {Make sure you have} {selected} the {right} {pairing}, {we have} {highlighted} this {also}. Click on “YAM/BTC” to {continue}.

Binance Hot To Buy YAM (YAM)
Binance How to Buy (YAM) YAM
Step 4 – {Buy} YAM (YAM)

{As soon as} {you have} {spotted} YAM (YAM), {you'll} be {presented with} a {Chart with Prices} (in the Center of the {image}) and {a few} Order Books ({on the Left} of the {image}). {And now} {we're} {going to create} our{} Limit Order.

The {”Price” field} will be {filled automatically} with the{} {recent} {rate} YAM (YAM) was {traded} for. {You can change this} to your {desired} {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 {BTC} that {you will} {settle} for the {complete} {quantity} of YAM.

{When} {you're} {glad}, {click} on “Buy YAM”. Your {order} will be filled {as soon as} a {Vendor} {trades} their YAM for the price you {submitted}.

Step 5 – Withdraw YAM (YAM)

Unless {you are}{} trading, {best advise is not to keep} {coins} on an {Crypto Exchange} for an {extended} {time frame}. {To} {withdraw} your YAM (YAM), {hover over} 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 {given} drop-down box. {Drop in} the {amount} of YAM (YAM) {you'd} {wish} to {take off}. {Don't forget} the {demonstrated} {fees/minimums}. Also make sure you have {filled} your {precise} withdraw address.

{When} {you're} {glad}, {click} “Submit”. You {could} be {asked} for {email/phone verification} {ahead of} a {take off}.

Binance Withdraw

{Congrats}! {You have} successfully {bought} and {stored} YAM (YAM).

That's it!

{Withdrawals} from {Exchange} can {take} {between} 1 – 30 minutes ({depending} on {network usage}). {As soon as} {you have} {confirmed} your {take off} {with} {Etherscan.io or Ethplorer.io} and the (YAM) YAM is {safe} {in} your wallet, {you are} {all done}.

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