A Step-by-Step-Guide on how to buy Ycash (YEC)
Step 1 – Signup to Coinbase and get 10$ for free You will first need to buy one of the bigger currencies. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Follow the Link below for registration and receive your welcome 10 Dollar.
Step 2 – Transmit Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Trader 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. Ycash (YEC) is obtainable on Binance, so we will use that as an illustration. Not sure on how to send funds from Coinbase to an Crypto Trader? (Follow this how-to) Make sure you've chosen the precise coin you would like 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, such as Airswap or DDEX could be unlike (Follow our guide).
Step 3 – Find Ycash (YEC) As soon as your deposit has been confirmed, you will directly have access to your funds and you can start purchasing and trading. To invest in Ycash (YEC) on Binance, you will want to hover over the ”Exchange” tab and mouse click on “Basic”. In order to discover Ycash (YEC), you will need to insert the cointype (YEC) into the search-box, which is highlighted in the picture. Make sure you have choosen the right grouping, we've highlighted this also. Click on “YEC/BTC” to continue.
Step 4 – Buy Ycash (YEC) As soon as you have discovered Ycash (YEC), you will be given a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the picture). For now we're creating our Limit Order. The field with the “Price” tag will be filled automatically with the most recent price Ycash (YEC) was sold for. You can change this to your desired price. The ”Amount” field is the quantity of YEC you like to purchase. The ”Total” field is the whole price in Bitcoin that you will pay for the whole quantity of YEC. When you are glad, click on “Buy YEC”. Your plan will be filled as soon as a Vender sells their YEC for the price you gave.
Step 5 – Withdraw (YEC) Ycash Unless you are trading, never keep your coins on an Crypto Exchange for an extensive period of time. In order to withdraw your (YEC) Ycash, hover over the ”Funds” tab and click on “Withdraw”. (YEC) Ycash can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate (YEC) Ycash by using the given drop-down box. Put into the volumen of (YEC) Ycash you'd wish to withdraw. Don't forget the shown minimus/fees. Also make sure you have filled your right withdraw address. If you are glad, click on “Submit”. You may be requested for phone/email verification ahead of a take off.