A Step-by-Step-Guide on how to buy Skychain (SKCH)
Step 1 – Join Coinbase and get 10$ for free You will first need to buy units of the top-tier coins. Exchanges usually accept either Ethereum or Bitcoin in exchange for Altcoins. Click below to register and receive your welcome 10$.
Step 2 – Transfer Your Bitcoin or Ethereum to an Crypto Exchange Your Bitcoin or Ethereum will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. Skychain (SKCH) is obtainable on Binance, so we will use that as an sample. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this how-to) Make sure you've selected the exact coin you would like to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etcetera. If you're dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Just follow these easy steps).
Step 3 – Locate Skychain (SKCH) Once your deposit has been verified, you will immediately have access to your finances and you can initiate invest and trading. To purchase Skychain (SKCH) on Binance, you will want to go to the tab which is called “Exchange” and then mouse click on “Basic”. In order to find Skychain (SKCH), you will need to put the cointype (SKCH) into the search box, which is marked in the image. Be certain of having choosen the correct grouping, we have marked this also. Click on “SKCH/BTC” to proceed.
Step 4 – Acquisition of (SKCH) Skychain After you've located (SKCH) Skychain, you'll be given a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the image). For now we are creating our own Limit Order. The ”Price” field will be automatically filled with the latest valuation (SKCH) Skychain was traded for. This can be changed to your favoured price. The field with the “Amount” tag is the quantity of SKCH you like to buy. The ”Total” field is the total price in Bitcoin that you will pay for the whole quantity of SKCH. If you're happy, make a mouse click on “Buy SKCH”. Your plan will be filled when a Vender sells their SKCH for the price you introduced.
Step 5 – Withdraw Skychain (SKCH) Unless you're frequently trading, best advise is not to keep coins on an Cryptocurrency Exchange for an extended time period. To take off your Skychain (SKCH), hover over the ”Funds” tab and mouse click on “Withdraw”. Skychain (SKCH) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Skychain (SKCH) by using the given drop-down box. Drop in the amount of Skychain (SKCH) you would like to take off. Take into account the presented minimus/fees. Also make sure you have entered your precise withdraw address. When you're satisfied, make a mouse click on “Submit”. You may be asked for verfication via phone/email before a take off.