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 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Exchange Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is similar. Skillcoin (SKILL) is accessible on Binance, so we will use that as an illustration. Unsure on how to send Coinbase funds to an Crypto Exchange? (Follow this guide) Make sure you have chosen the exact coin you would like to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etcetera. In the case you are using a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our guide).
Step 3 – Locate Skillcoin (SKILL) As soon as your deposit has been affirmed, you'll instantly have access to your funds and you can commence invest and trading. To purchase Skillcoin (SKILL) on Binance, you'll want to go to the ”Exchange” tab and then mouse click on “Basic”. In order to find Skillcoin (SKILL), you'll need to insert the short name of the asset (SKILL) into the search box, which is highlighted in the graphic. Be certain of having choosen the proper grouping, we've marked this also. Click on “SKILL/BTC” to progress.
Step 4 – Purchasing Skillcoin (SKILL) After you've found Skillcoin (SKILL), you will be presented with a Price Chart (in the Center of the picture) and some Order Books (on the Left of the picture). For now we're making our own Limit Order. The field with the “Price” tag will be filled automatically with the most latest rate Skillcoin (SKILL) was traded for. This can be changed to your desired price. The field with the “Amount” tag is the quantity of SKILL you wish to purchase. The ”Total” field is the aggregated price in Bitcoin that you will settle for the complete volumen of SKILL. When you are happy, click on “Buy SKILL”. Your order will be filled as soon as a Vender sells their SKILL for the price you submitted.
Step 5 – Withdraw Skillcoin (SKILL) Unless you're regularly trading, best advise is not to keep crypto coins on an Cryptocurrency Exchange for an longer period of time. To take off your Skillcoin (SKILL), go to the tab called “Funds” and mouse click on “Withdraw”. Skillcoin (SKILL) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Skillcoin (SKILL) by using the provided drop-down box. Put into the volumen of Skillcoin (SKILL) you would like to take off. Take into account the demonstrated fees/minimums. Also make sure you have entered your right withdraw address. If you're happy, click “Submit”. You could be requested for verfication via email/phone before a withdrawal.