A Step-by-Step-Guide on how to buy Telcoin (TEL)
Step 1 – Join Coinbase and get 10$ for free In the beginning you'll need to buy units of the bigger coins. Exchanges commonly accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Follow the Link below to register and getting your first $10.
Step 2 – Send Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Trader Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. Telcoin (TEL) 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 guide) Make sure you've selected the correct coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so forth. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our guide).
Step 3 – Locate Telcoin (TEL) As soon as your deposit has been affirmed, you will instantly have access to your assets and you can launch purchasing and trading. To purchase Telcoin (TEL) on Binance, you will want to go to the tab which is called “Exchange” and after that click on “Basic”. To spot Telcoin (TEL), you will need to insert the shortname of the coin (TEL) into the search-box, which is marked in the image. Be certain of having choosen the right grouping, we've marked this also. Click on “TEL/BTC” to go ahead.
Step 4 – Purchasing Telcoin (TEL) As soon as you have discovered Telcoin (TEL), you will be given a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). For now we are going to make our own Limit Order. The ”Price” field will be filled with the most recent valuation Telcoin (TEL) was sold for. This can be changed to your desired price. The field with the “Amount” tag is the amount of TEL you like to purchase. The field with the “Total” tag is the total price in Bitcoin that you'll pay for the complete amount of TEL. When you're satisfied, make a mouse click on “Buy TEL”. Your order will be filled as soon as a Vendor trades their TEL for the price you submitted.
Step 5 – Withdraw (TEL) Telcoin Unless you are trading, you should never keepyour coins on an Crypto Exchange for an extensive time frame. In order to withdraw your (TEL) Telcoin, go to the ”Funds” tab and click on “Withdraw”. (TEL) Telcoin can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find (TEL) Telcoin by using the provided drop-down box. Enter the quantity of (TEL) Telcoin you would like to withdraw. Don't forget the demonstrated minimus/fees. Also make sure you have entered your right withdraw address. If you are happy, make a mouse click on “Submit”. You may be asked for phone/email verification before a withdrawal.