A Step-by-Step-Guide on how to buy Yuan Chain Coin (YCC)
Step 1 – Join Kraken You'll first need to buy units of the top-tier coins. Exchanges normally accept either Bitcoin or Ethereum in exchange for Altcoins. Click the button below to register and getting Funds.
Step 2 – Send Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Exchange Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. Yuan Chain Coin (YCC) is accessible on Binance, so we will use that as an sample. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this guide) Make sure you have selected the exact coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, and so forth. If you're using a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our how-to).
Step 3 – Locate Yuan Chain Coin (YCC) As soon as your deposit has been verified, you will directly have access to your assets and you can start purchasing and trading. To purchase Yuan Chain Coin (YCC) on Binance, you'll want to hover over the tab which is called “Exchange” and after that mouse click on “Basic”. In order to discover Yuan Chain Coin (YCC), you'll need to insert the cointype (YCC) into the search-box, which is highlighted in the graphic. Make sure you have choosen the proper pairing, we have highlighted this too. Click on “YCC/BTC” to progress.
Step 4 – Purchase Yuan Chain Coin (YCC) As soon as you have found Yuan Chain Coin (YCC), you'll be given a Price Chart (in the Center of the picture) and some Order Books (Leftside of the image). For now we are creating our own Limit Order. The field with the “Price” tag will be automatically filled with the most recent price Yuan Chain Coin (YCC) was traded for. You can change this to your preferred rate. The field with the “Amount” tag is the amount of YCC you like to buy. The field with the “Total” tag is the total price in BTC that you'll settle for the whole volumen of YCC. If you are happy, make a mouse click on “Buy YCC”. Your plan will be filled as soon as a Seller trades their YCC for the price you offered.
Step 5 – Withdraw Yuan Chain Coin (YCC) Unless you're frequently trading, best advise is not to keep crypto on an Exchange for an longer period of time. In order to take off your Yuan Chain Coin (YCC), hover over the tab called “Funds” and click on “Withdraw”. Yuan Chain Coin (YCC) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Yuan Chain Coin (YCC) by using the given drop-down box. Put into the amount of Yuan Chain Coin (YCC) you would wish to withdraw. Don't forget the shown minimus/fees. Also make sure you have entered your precise withdraw address. When you are glad, click on “Submit”. You could be requested for verfication via email/phone ahead of a withdrawal.