A Step-by-Step-Guide on how to buy CryptoYen (YEN)
Step 1 – Signup to Coinbase – Get Free $10 You will first need to purchase one of the major currencies. Exchanges normally accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Click below for registration and receive your welcome 10 Dollar.
Step 2 – Transmit Your Ethereum or Bitcoin to an Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Exchange now. Every exchange has a deposit form that is alike. CryptoYen (YEN) is accessible on Binance, so we're going to use that as an sample. Unsure on how to send Coinbase funds to an Exchange? (Follow these easy steps) Make sure you've selected the right coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etc. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be divergent (Follow these easy steps).
Step 3 – Find (YEN) CryptoYen Once your deposit has been confirmed, you'll directly have access to your finances and you can start purchasing and trading. To invest in (YEN) CryptoYen on Binance, you'll want to hover over the tab which is called “Exchange” and then click on “Basic”. In order to spot (YEN) CryptoYen, you'll need to insert the cointype (YEN) into the search-box, which is highlighted in the graphic. Be certain of having selected the proper grouping, we've highlighted this too. Click on “YEN/BTC” to progress.
Step 4 – Buy CryptoYen (YEN) After you have spotted CryptoYen (YEN), you'll be given a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). Next we are making our Limit Order. The ”Price” field will be filled with the most recent price CryptoYen (YEN) was traded for. This can be changed to your preferred price. The field with the “Amount” tag is the quantity of YEN you like to buy. The ”Total” field is the aggregated price in BTC that you'll settle for the complete quantity of YEN. If you are satisfied, click on “Buy YEN”. Your order will be filled as soon as a Seller trades their YEN for the price you gave.
Step 5 – Withdraw (YEN) CryptoYen Unless you are trading, best advise is not to keep coins on an Crypto Exchange for an extensive time frame. In order to withdraw your (YEN) CryptoYen, hover over the tab called “Funds” and mouse click on “Withdraw”. (YEN) CryptoYen can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate (YEN) CryptoYen by using the provided drop-down box. Drop in the quantity of (YEN) CryptoYen you would like to withdraw. Take into account the displayed minimus/fees. Also make sure you have entered your right withdraw address. When you are glad, click “Submit”. You could be requested for verfication via phone/email ahead of a take off.