A Step-by-Step-Guide on how to buy CanYaCoin (CAN)
Step 1 – Join CEX.io In the beginning you'll need to buy units of the major currencies. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Click below to register and getting your ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Send Your BTC (Bitcoin) or ETH (Ethereum) to an Cryptocurrency Exchange Your Bitcoin or Ethereum has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is alike. CanYaCoin (CAN) is accessible on Binance, so we're going to use that as an illustration. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow these easy steps) Make sure you have selected the right coin you wish to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, and so on. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be different (Follow our how-to).
Step 3 – Find CanYaCoin (CAN) As soon as your deposit has been confirmed, you'll instantly have access to your finances and you can initiate buying and trading. To invest in CanYaCoin (CAN) on Binance, you'll want to go to the tab which is called “Exchange” and then mouse click on “Basic”. To locate CanYaCoin (CAN), you will need to put the short name of the asset (CAN) into the search-box, which is marked in the picture. Be certain of having selected the proper grouping, we've highlighted this also. Click on “CAN/BTC” to go ahead.
Step 4 – Purchase CanYaCoin (CAN) As soon as you have spotted CanYaCoin (CAN), you will be given a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the image). For now we're creating our own Limit Order. The field with the “Price” tag will be automatically filled with the most latest tariff CanYaCoin (CAN) was traded for. You can change this to your preferred price. The ”Amount” field is the amount of CAN you want to buy. The ”Total” field is the whole price in BTC that you'll pay for the whole quantity of CAN. When you're satisfied, make a mouse click on “Buy CAN”. Your plan will be filled when a Vender trades their CAN for the price you introduced.
Step 5 – Withdraw CanYaCoin (CAN) Unless you're frequently trading, best advise is not to keep your crypto on an Crypto Exchange for an longer time frame. To withdraw your CanYaCoin (CAN), go to the ”Funds” tab and mouse click on “Withdraw”. CanYaCoin (CAN) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate CanYaCoin (CAN) by using the given drop-down box. Drop in the amount of CanYaCoin (CAN) you'd like to take off. Don't forget the demonstrated fees/minimums. Also make sure you have filled your right withdraw address. If you're satisfied, make a mouse click on “Submit”. You could be requested for phone/email verification before a take off.