A Step-by-Step-Guide on how to buy JamaiCoin (YAH)
Step 1 – Signup to CEX.io In the beginning you'll need to buy one of the bigger coins. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Follow the Link below to register and getting your ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Send Your Bitcoin (BTC) or Ethereum (ETH) to an Cryptocurrency Exchange Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. JamaiCoin (YAH) is available on Binance, so we're going to use that as an illustration. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow these easy steps) Make sure you've chosen the correct coin you want to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etcetera. If you are using a decentralized exchange, like Airswap or DDEX could be opposed (Follow our manual).
Step 3 – Find JamaiCoin (YAH) As soon as your deposit has been verified, you will instantly have access to your assets and you can begin purchasing and trading. To purchase JamaiCoin (YAH) on Binance, you will want to go to the ”Exchange” tab and click on “Basic”. In order to spot JamaiCoin (YAH), you will need to put the cointype (YAH) into the search-box, which is marked in the image. Be certain of having selected the correct pairing, we have marked this too. Click on “YAH/BTC” to go on.
Step 4 – Purchasing JamaiCoin (YAH) As soon as you have spotted JamaiCoin (YAH), you'll be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). And now we are going to make our own Limit Order. The field with the “Price” tag will be filled with the recent valuation JamaiCoin (YAH) was sold for. You can change this to your desired price. The ”Amount” field is the volumen of YAH you like to purchase. The ”Total” field is the whole price in BTC that you'll pay for the whole volumen of YAH. When you are satisfied, make a mouse click on “Buy YAH”. Your plan will be filled as soon as a Vendor sells their YAH for the price you introduced.
Step 5 – Withdraw JamaiCoin (YAH) Unless you're trading, you should never keepyour crypto coins on an Crypto Trader for an extensive time frame. To take off your JamaiCoin (YAH), go to the ”Funds” tab and mouse click on “Withdraw”. JamaiCoin (YAH) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate JamaiCoin (YAH) by using the given drop-down box. Enter the volumen of JamaiCoin (YAH) you would wish to take off. Take into account the displayed minimus/fees. Also make sure you have filled your right withdraw address. If you're happy, make a mouse click on “Submit”. You could be requested for verfication via phone/email before a withdrawal.