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.
Step 2 – Send Your BTC (Bitcoin) or ETH (Ethereum) to an Exchange Your Bitcoin or Ethereum has to be sent over to an 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 sample. Not sure on how to send Coinbase funds to an Exchange? (Just follow this how-to) Make sure you've selected the right coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etc. In the case you are using a decentralized exchange, like Airswap or DDEX could be opposed (Just follow these easy steps).
Step 3 – Find YAM v2 (YAMV2) As soon as your deposit has been verified, you'll directly have access to your assets and you can begin purchasing and trading. To invest in YAM v2 (YAMV2) on Binance, you'll want to go to the tab which is called “Exchange” and after that mouse click on “Basic”. To locate YAM v2 (YAMV2), you'll need to insert the short name of the asset (YAMV2) into the search-box, which is marked in the image. Make sure you have selected the proper pairing, we've marked this also. Click on “YAMV2/BTC” to advance.
Step 4 – Buy YAM v2 (YAMV2) Once you've discovered YAM v2 (YAMV2), you will be presented with a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). For now we are going to create our own Limit Order. The field with the “Price” tag will be filled automatically with the most latest tariff YAM v2 (YAMV2) was sold for. This can be changed to your preferred rate. The field with the “Amount” tag is the quantity of YAMV2 you wish to buy. The ”Total” field is the total price in Bitcoin that you will settle for the whole quantity of YAMV2. When you are satisfied, make a mouse click on “Buy YAMV2”. Your plan will be filled when a Seller trades their YAMV2 for the price you gave.
Step 5 – Withdraw YAM v2 (YAMV2) Unless you are trading, never keep your crypto coins on an Exchange for an longer time period. To withdraw your YAM v2 (YAMV2), go to the tab called “Funds” and click on “Withdraw”. YAM v2 (YAMV2) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate YAM v2 (YAMV2) by using the given drop-down box. Enter the amount of YAM v2 (YAMV2) you'd wish to withdraw. Take into account the displayed minimus/fees. Also make sure you have filled your precise withdraw address. When you are satisfied, click “Submit”. You could be asked for email/phone verification ahead of a take off.