A Step-by-Step-Guide on how to buy Sylo (SYLO)
Step 1 – Signup to CEX.io In the beginning you'll need to buy one of the major currencies. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Click below for registration and getting your ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Trader Your Bitcoin or Ethereum has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is identical. Sylo (SYLO) is accessible on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Crypto Trader? (Follow this how-to) Make sure you've selected the exact coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so on. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be different (Follow our how-to).
Step 3 – Find Sylo (SYLO) As soon as your deposit has been affirmed, you'll now have access to your funds and you can commence purchasing and trading. To invest in Sylo (SYLO) on Binance, you'll want to go to the ”Exchange” tab and then mouse click on “Basic”. To find Sylo (SYLO), you'll need to insert the short name of the asset (SYLO) into the search box, which is marked in the image. Make sure you have choosen the proper pairing, we have marked this too. Click on “SYLO/BTC” to go ahead.
Step 4 – Purchasing (SYLO) Sylo After you've spotted (SYLO) Sylo, you will be presented with a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). Next we're creating our own Limit Order. The field with the “Price” tag will be filled with the most up-to-date tariff (SYLO) Sylo was traded for. You can change this to your favoured price. The ”Amount” field is the volumen of SYLO you like to buy. The ”Total” field is the total price in Bitcoin that you will pay for the complete volumen of SYLO. If you're glad, click on “Buy SYLO”. Your order will be filled when a Vender trades their SYLO for the price you introduced.
Step 5 – Withdraw (SYLO) Sylo Unless you are regularly trading, best advise is not to keep coins on an Cryptocurrency Exchange for an extended time period. To take off your (SYLO) Sylo, go to the tab called “Funds” and mouse click on “Withdraw”. (SYLO) Sylo can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find (SYLO) Sylo by using the given drop-down box. Enter the volumen of (SYLO) Sylo you would like to take off. Don't forget the displayed fees/minimums. Also make sure you have filled your precise withdraw address. When you are satisfied, click “Submit”. You could be requested for verfication via email/phone ahead of a withdrawal.