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).
Step 2 – Send Your Ethereum or Bitcoin to an Exchange Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Exchange now. Every exchange has a deposit form that is identical. YOLOCash (YLC) is obtainable on Binance, so we're going to use that as an sample. Not sure on how to send funds from Coinbase to an Exchange? (Just follow this manual) Make sure you have chosen the exact coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so on. If you are working with a decentralized exchange, like Airswap or DDEX could be different (Just follow these easy steps).
Step 3 – Locate YOLOCash (YLC) Once your deposit has been confirmed, you will instantly have access to your finances and you can commence buying and trading. To buy YOLOCash (YLC) on Binance, you will want to go to the tab which is called “Exchange” and after that click on “Basic”. In order to locate YOLOCash (YLC), you will need to put the shortname of the coin (YLC) into the search-box, which is highlighted in the image. Be certain of having selected the right grouping, we have highlighted this also. Click on “YLC/BTC” to proceed.
Step 4 – Buying YOLOCash (YLC) As soon as you have found YOLOCash (YLC), you'll be given a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). Next we're creating our Limit Order. The ”Price” field will be filled with the most recent valuation YOLOCash (YLC) was traded for. You can change this to your favoured rate. The field with the “Amount” tag is the amount of YLC you wish to purchase. The ”Total” field is the whole price in Bitcoin that you'll settle for the whole amount of YLC. When you are happy, click on “Buy YLC”. Your order will be filled as soon as a Vender trades their YLC for the price you gave.
Step 5 – Withdraw YOLOCash (YLC) Unless you are regularly trading, never keep your crypto coins on an Cryptocurrency Exchange for an longer period of time. In order to withdraw your YOLOCash (YLC), hover over the tab called “Funds” and click on “Withdraw”. YOLOCash (YLC) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find YOLOCash (YLC) by using the given drop-down box. Drop in the quantity of YOLOCash (YLC) you would like to withdraw. Don't forget the shown fees/minimums. Also make sure you have entered your right withdraw address. When you are happy, click on “Submit”. You may be requested for email/phone verification before a take off.