A Step-by-Step-Guide on how to buy Skillcoin (SKILL)
Step 1 – Signup to CEX.io You'll first need to buy units of the top-tier coins. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Follow the Link below for registration and getting your Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transmit Your Bitcoin or Ethereum to an Crypto Trader Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is identical. Skillcoin (SKILL) is available on Binance, so we're going to use that as an illustration. Unsure on how to send funds from Coinbase to an Crypto Trader? (Follow this how-to) Make sure you've chosen the right coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so forth. If you are working with a decentralized exchange, like Airswap or DDEX could be divergent (Follow our guide).
Step 3 – Locate Skillcoin (SKILL) Once your deposit has been approved, you'll immediately have access to your funds and you can commence buying and trading. To purchase Skillcoin (SKILL) on Binance, you'll want to go to the tab which is called “Exchange” and after that mouse click on “Basic”. In order to locate Skillcoin (SKILL), you'll need to insert the short name of the asset (SKILL) into the search-box, which is marked in the graphic. Be certain of having selected the proper pairing, we have marked this too. Click on “SKILL/BTC” to proceed.
Step 4 – Purchase Skillcoin (SKILL) Once you've spotted Skillcoin (SKILL), you'll be given a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). And now we're going to create our Limit Order. The field with the “Price” tag will be filled automatically with the latest rate Skillcoin (SKILL) was sold for. This can be changed to your desired price. The field with the “Amount” tag is the volumen of SKILL you want to purchase. The ”Total” field is the total price in Bitcoin that you will settle for the complete volumen of SKILL. When you are satisfied, make a mouse click on “Buy SKILL”. Your order will be filled when a Vender sells their SKILL for the price you submitted.
Step 5 – Withdraw Skillcoin (SKILL) Unless you are frequently trading, best advise is not to keep coins on an Crypto Exchange for an longer time period. To withdraw your Skillcoin (SKILL), hover over the tab called “Funds” and click on “Withdraw”. Skillcoin (SKILL) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Skillcoin (SKILL) by using the provided drop-down box. Drop in the volumen of Skillcoin (SKILL) you would wish to withdraw. Don't forget the shown fees/minimums. Also make sure you have filled your correct withdraw address. If you are glad, make a mouse click on “Submit”. You could be asked for verfication via phone/email before a take off.