A Step-by-Step-Guide on how to buy SkinCoin (SKIN)
Step 1 – Signup to CEX.io In the beginning you'll need to buy units of the top-tier currencies. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Click the button below to register and to get your ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Transmit Your Bitcoin or Ethereum to an Cryptocurrency Exchange Your Bitcoin or Ethereum has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is similar. SkinCoin (SKIN) is obtainable on Binance, so we're going to use that as an illustration. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow these easy steps) Make sure you have selected the exact coin you wish to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etc. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be different (Just follow our guide).
Step 3 – Find SkinCoin (SKIN) Once your deposit has been verified, you'll now have access to your funds and you can initiate buying and trading. To buy SkinCoin (SKIN) on Binance, you'll want to go to the tab which is called “Exchange” and click on “Basic”. To discover SkinCoin (SKIN), you'll need to put the cointype (SKIN) into the search box, which is highlighted in the picture. Make sure you have selected the proper pairing, we have highlighted this also. Click on “SKIN/BTC” to go ahead.
Step 4 – Purchase SkinCoin (SKIN) Once you have discovered SkinCoin (SKIN), you'll be given a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). Next we are making our Limit Order. The ”Price” field will be filled with the most recent valuation SkinCoin (SKIN) was traded for. This can be changed to your preferred price. The field with the “Amount” tag is the amount of SKIN you want to purchase. The ”Total” field is the total price in Bitcoin that you will settle for the whole amount of SKIN. If you are happy, click on “Buy SKIN”. Your plan will be filled as soon as a Vendor sells their SKIN for the price you offered.
Step 5 – Withdraw SkinCoin (SKIN) Unless you're frequently trading, best advise is not to keep crypto on an Crypto Exchange for an extensive period of time. In order to withdraw your SkinCoin (SKIN), hover over the ”Funds” tab and click on “Withdraw”. SkinCoin (SKIN) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate SkinCoin (SKIN) by using the provided drop-down box. Put into the amount of SkinCoin (SKIN) you would wish to withdraw. Take into account the demonstrated minimus/fees. Also make sure you have filled your right withdraw address. If you're happy, click on “Submit”. You may be requested for phone/email verification ahead of a take off.