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 ETH (Ethereum) or BTC (Bitcoin) to an Crypto Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is similar. CanYaCoin (CAN) is accessible on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Crypto Exchange? (Just follow this how-to) Make sure you have chosen the exact coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so forth. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our guide).
Step 3 – Locate CanYaCoin (CAN) Once your deposit has been confirmed, you will immediately have access to your assets and you can initiate purchasing and trading. To invest in CanYaCoin (CAN) on Binance, you will want to hover over the tab which is called “Exchange” and click on “Basic”. In order to find CanYaCoin (CAN), you will need to insert the shortname of the coin (CAN) into the search box, which is marked in the picture. Be certain of having selected the proper grouping, we've marked this also. Click on “CAN/BTC” to progress.
Step 4 – Acquisition of CanYaCoin (CAN) Once you have located CanYaCoin (CAN), you'll be given a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). And now we are going to create our Limit Order. The ”Price” field will be automatically filled with the most latest rate CanYaCoin (CAN) was sold for. You can change this to your desired price. The ”Amount” field is the quantity of CAN you wish to purchase. The field with the “Total” tag is the whole price in Bitcoin that you'll pay for the whole quantity of CAN. If you're glad, click on “Buy CAN”. Your order will be filled as soon as a Vendor trades their CAN for the price you gave.
Step 5 – Withdraw CanYaCoin (CAN) Unless you're regularly trading, you should never keepyour coins on an Crypto Trader for an longer period of time. To withdraw your CanYaCoin (CAN), hover over the ”Funds” tab and mouse click on “Withdraw”. CanYaCoin (CAN) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find CanYaCoin (CAN) by using the given drop-down box. Drop in the quantity of CanYaCoin (CAN) you'd like to withdraw. Take into account the presented minimus/fees. Also make sure you have entered your right withdraw address. If you're satisfied, click on “Submit”. You could be requested for verfication via email/phone ahead of a take off.