A Step-by-Step-Guide on how to buy SkyMap (SKYM)
Step 1 – Signup to CEX.io In the beginning you'll need to buy units of the major coins. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Click below to register and to get your BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Transfer Your Bitcoin or Ethereum to an Exchange Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is alike. SkyMap (SKYM) is obtainable on Binance, so we will use that as an sample. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this how-to) Make sure you've chosen the correct coin you want to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, etcetera. In the case you're using a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our guide).
Step 3 – Find SkyMap (SKYM) Once your deposit has been affirmed, you'll instantly have access to your finances and you can begin buying and trading. To invest in SkyMap (SKYM) on Binance, you'll want to hover over the ”Exchange” tab and after that mouse click on “Basic”. In order to spot SkyMap (SKYM), you'll need to put the short name of the asset (SKYM) into the search box, which is marked in the graphic. Make sure you have selected the proper pairing, we have marked this too. Click on “SKYM/BTC” to go ahead.
Step 4 – Acquisition of SkyMap (SKYM) Once you have found SkyMap (SKYM), you will be given a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). Next we are going to create our own Limit Order. The field with the “Price” tag will be filled with the most up-to-date valuation SkyMap (SKYM) was traded for. You can change this to your preferred rate. The ”Amount” field is the quantity of SKYM you wish to purchase. The ”Total” field is the aggregated price in Bitcoin that you'll settle for the whole volumen of SKYM. If you are happy, make a mouse click on “Buy SKYM”. Your plan will be filled as soon as a Seller trades their SKYM for the price you offered.
Step 5 – Withdraw SkyMap (SKYM) Unless you're regularly trading, never keep your crypto coins on an Crypto Trader for an extensive period of time. To withdraw your SkyMap (SKYM), hover over the ”Funds” tab and click on “Withdraw”. SkyMap (SKYM) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find SkyMap (SKYM) by using the provided drop-down box. Enter the amount of SkyMap (SKYM) you'd like to take off. Take into account the displayed fees/minimums. Also make sure you have filled your precise withdraw address. If you are glad, click on “Submit”. You could be requested for phone/email verification ahead of a withdrawal.