How to Buy YOLOCash (YLC)

A Step-by-Step-Guide on how to buy YOLOCash (YLC)

Step 1 – Join Kraken

You will first need to purchase one of the bigger coins. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Click the button below for registration and getting Bitcoin (BTC) or Ethereum (ETH).

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

Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is similar. YOLOCash (YLC) is obtainable on Binance, so we're going to use that as an illustration. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Follow this guide)

Make sure you have chosen the precise coin you wish to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, et cetera. If you're using a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our guide).

Step 3 – Find YOLOCash (YLC)

Once your deposit has been affirmed, you'll directly have access to your finances and you can commence buying and trading. To purchase YOLOCash (YLC) on Binance, you will want to go to the ”Exchange” tab and then click on “Basic”.

To locate YOLOCash (YLC), you'll need to put the cointype (YLC) into the search-box, which is marked in the image. Make sure you have choosen the proper grouping, we've marked this also. Click on “YLC/BTC” to proceed.

Binance Hot To Buy YOLOCash (YLC)
Binance How to Buy (YLC) YOLOCash
Step 4 – Buy YOLOCash (YLC)

After you've found YOLOCash (YLC), you will be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). For now we are going to create our own Limit Order.

The ”Price” field will be filled automatically with the most up-to-date valuation YOLOCash (YLC) was sold for. You can change this to your favoured rate. The ”Amount” field is the amount of YLC you like to buy. The ”Total” field is the aggregated price in Bitcoin that you'll pay for the whole quantity of YLC.

If you're happy, make a mouse click on “Buy YLC”. Your plan will be filled when a Seller trades their YLC for the price you submitted.

Step 5 – Withdraw YOLOCash (YLC)

Unless you are frequently trading, best advise is not to keep your crypto on an Cryptocurrency Exchange for an extensive time period. In order to withdraw your YOLOCash (YLC), hover over the tab called “Funds” and click on “Withdraw”. YOLOCash (YLC) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate YOLOCash (YLC) by using the provided drop-down box. Enter the amount of YOLOCash (YLC) you'd like to take off. Take into account the displayed minimus/fees. Also make sure you have filled your right withdraw address.

If you're satisfied, click “Submit”. You could be asked for email/phone verification ahead of a take off.

Binance Withdraw

Kudos! You've successfully bought and stored YOLOCash (YLC).

That's it!

Take offs from Cryptocurrency Exchange can take between 1 – 30 minutes (rely on usage of the network). Once you have confirmed your withdrawal using Etherscan.io or Ethplorer.io and the (YLC) YOLOCash is stored within your wallet, you are finished.

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