A Step-by-Step-Guide on how to buy Sylo (SYLO)
Step 1 – Join CEX.io You will first need to buy one of the major currencies. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Click below for registration and receive your ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Cryptocurrency Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. Sylo (SYLO) is available on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this how-to) Make sure you have selected the exact coin you would like to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, et cetera. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our manual).
Step 3 – Locate Sylo (SYLO) As soon as your deposit has been approved, you will immediately have access to your funds and you can start purchasing and trading. To purchase Sylo (SYLO) on Binance, you will want to go to the tab which is called “Exchange” and click on “Basic”. To spot Sylo (SYLO), you will need to insert the shortname of the coin (SYLO) into the search box, which is marked in the image. Make sure you have choosen the right grouping, we have marked this also. Click on “SYLO/BTC” to proceed.
Step 4 – Purchase Sylo (SYLO) After you have spotted Sylo (SYLO), you'll be given a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). Next we are creating our own Limit Order. The field with the “Price” tag will be automatically filled with the recent price Sylo (SYLO) was sold for. You can change this to your preferred rate. The field with the “Amount” tag is the volumen of SYLO you like to purchase. The ”Total” field is the aggregated price in BTC that you'll pay for the whole volumen of SYLO. If you are satisfied, click on “Buy SYLO”. Your order will be filled when a Vendor trades their SYLO for the price you offered.
Step 5 – Withdraw Sylo (SYLO) Unless you're regularly trading, you should never keepyour crypto on an Crypto Trader for an extensive period of time. In order to take off your Sylo (SYLO), go to the ”Funds” tab and mouse click on “Withdraw”. Sylo (SYLO) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Sylo (SYLO) by using the given drop-down box. Drop in the quantity of Sylo (SYLO) you'd wish to take off. Don't forget the displayed fees/minimums. Also make sure you have entered your precise withdraw address. When you're happy, click on “Submit”. You may be asked for verfication via phone/email before a take off.