How to Buy YAM v2 (YAMV2)

A Step-by-Step-Guide on how to buy YAM v2 (YAMV2)

Step 1 – Signup to Kraken

In the beginning you'll need to buy units of the top-tier coins. Exchanges commonly accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Follow the Link below to register and receive Bitcoin or Ethereum.

Binance Signup
Step 2 – Transmit Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Exchange

Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. YAM v2 (YAMV2) is obtainable on Binance, so we're going to use that as an example. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow these easy steps)

Make sure you have chosen the precise coin you would like to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so on. In the case you're working with a decentralized exchange, like Airswap or DDEX could be different (Follow our how-to).

Step 3 – Locate YAM v2 (YAMV2)

As soon as your deposit has been approved, you'll now have access to your finances and you can initiate purchasing and trading. To purchase YAM v2 (YAMV2) on Binance, you'll want to hover over the tab which is called “Exchange” and then click on “Basic”.

In order to spot YAM v2 (YAMV2), you'll need to insert the cointype (YAMV2) into the search box, which is marked in the image. Make sure you have choosen the proper grouping, we've highlighted this also. Click on “YAMV2/BTC” to proceed.

Binance Hot To Buy YAM v2 (YAMV2)
Binance How to Buy (YAMV2) YAM v2
Step 4 – Purchase YAM v2 (YAMV2)

Once you've spotted YAM v2 (YAMV2), you'll be given a Price Chart (in the Center of the picture) and some Order Books (on the Left of the picture). For now we are going to create our own Limit Order.

The field with the “Price” tag will be filled with the most latest tariff YAM v2 (YAMV2) was traded for. This can be changed to your preferred price. The field with the “Amount” tag is the volumen of YAMV2 you like to buy. The ”Total” field is the whole price in BTC that you will pay for the complete volumen of YAMV2.

If you're glad, click on “Buy YAMV2”. Your order will be filled as soon as a Vender trades their YAMV2 for the price you gave.

Step 5 – Withdraw YAM v2 (YAMV2)

Unless you're regularly trading, best advise is not to keep crypto on an Exchange for an longer time period. In order to withdraw your YAM v2 (YAMV2), hover over the tab called “Funds” and mouse click on “Withdraw”. YAM v2 (YAMV2) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate YAM v2 (YAMV2) by using the given drop-down box. Enter the quantity of YAM v2 (YAMV2) you would wish to take off. Don't forget the demonstrated minimus/fees. Also make sure you have entered your correct withdraw address.

When you're happy, make a mouse click on “Submit”. You could be asked for verfication via email/phone ahead of a take off.

Binance Withdraw

Kudos! You have successfully bought and safed YAM v2 (YAMV2).

That's it!

Take offs from Crypto Trader can take between 1 – 30 minutes (depending on usage of the network). As soon as you have proved your take off with Ethplorer.io or Etherscan.io and the (YAMV2) YAM v2 is stored within your wallet, you are all done.

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