A Step-by-Step-Guide on how to buy SKYFchain (SKYFT)
Step 1 – Signup to Coinbase and get 10$ for free In the beginning you'll need to buy units of the bigger coins. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Click the button below to register and getting your welcome 10 Dollar.
Step 2 – Transmit Your BTC (Bitcoin) or ETH (Ethereum) to an Exchange Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Exchange now. Every exchange has a deposit form that is identical. SKYFchain (SKYFT) is available on Binance, so we will use that as an illustration. Unsure on how to send funds from Coinbase to an Exchange? (Follow these easy steps) Make sure you have selected the precise coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so on. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be different (Follow our how-to).
Step 3 – Locate SKYFchain (SKYFT) Once your deposit has been verified, you'll now have access to your funds and you can initiate buying and trading. To invest in SKYFchain (SKYFT) on Binance, you'll want to go to the tab which is called “Exchange” and then click on “Basic”. In order to find SKYFchain (SKYFT), you'll need to insert the shortname of the coin (SKYFT) into the search box, which is marked in the graphic. Be certain of having choosen the right grouping, we've marked this too. Click on “SKYFT/BTC” to advance.
Step 4 – Buy SKYFchain (SKYFT) As soon as you have discovered SKYFchain (SKYFT), you will be given a Price Chart (in the Center of the picture) and a few 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 with the up-to-date valuation SKYFchain (SKYFT) was sold for. You can change this to your favoured price. The ”Amount” field is the quantity of SKYFT you wish to buy. The field with the “Total” tag is the total price in Bitcoin that you'll pay for the whole quantity of SKYFT. When you're satisfied, click on “Buy SKYFT”. Your plan will be filled when a Seller sells their SKYFT for the price you gave.
Step 5 – Withdraw (SKYFT) SKYFchain Unless you are frequently trading, best advise is not to keep your coins on an Crypto Exchange for an extended time period. In order to take off your (SKYFT) SKYFchain, go to the tab called “Funds” and click on “Withdraw”. (SKYFT) SKYFchain can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find (SKYFT) SKYFchain by using the provided drop-down box. Enter the volumen of (SKYFT) SKYFchain you'd wish to take off. Take into account the demonstrated fees/minimums. Also make sure you have entered your precise withdraw address. When you are satisfied, click on “Submit”. You may be asked for verfication via email/phone before a take off.