A Step-by-Step-Guide on how to buy YENTEN (YTN)
Step 1 – Signup to Kraken In the beginning you'll need to purchase units of the major coins. Exchanges normally accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Click the button below to register and getting Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Send Your Bitcoin (BTC) or Ethereum (ETH) to an Exchange Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Exchange now. Every exchange has a deposit form that is alike. YENTEN (YTN) is accessible on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Exchange? (Follow these easy steps) Make sure you have chosen the precise coin you would like to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etc. If you are working with a decentralized exchange, like Airswap or DDEX could be opposed (Follow our how-to).
Step 3 – Find YENTEN (YTN) Once your deposit has been approved, you'll immediately have access to your funds and you can commence invest and trading. To purchase YENTEN (YTN) on Binance, you'll want to hover over the ”Exchange” tab and after that click on “Basic”. To find YENTEN (YTN), you'll need to put the cointype (YTN) into the search box, which is marked in the picture. Be certain of having selected the correct pairing, we've marked this too. Click on “YTN/BTC” to continue.
Step 4 – Buying YENTEN (YTN) As soon as you've spotted YENTEN (YTN), you'll be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). Next we're going to make our own Limit Order. The field with the “Price” tag will be automatically filled with the up-to-date rate YENTEN (YTN) was traded for. You can change this to your desired rate. The field with the “Amount” tag is the amount of YTN you want to buy. The field with the “Total” tag is the total price in Bitcoin that you'll pay for the whole amount of YTN. When you're glad, click on “Buy YTN”. Your plan will be filled when a Vender trades their YTN for the price you offered.
Step 5 – Withdraw YENTEN (YTN) Unless you're trading, best advise is not to keep your crypto on an Cryptocurrency Exchange for an extended time period. To withdraw your YENTEN (YTN), go to the ”Funds” tab and click on “Withdraw”. YENTEN (YTN) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find YENTEN (YTN) by using the provided drop-down box. Enter the amount of YENTEN (YTN) you would like to withdraw. Don't forget the demonstrated minimus/fees. Also make sure you have filled your right withdraw address. When you're happy, click “Submit”. You could be asked for email/phone verification ahead of a withdrawal.