A Step-by-Step-Guide on how to buy Telcoin (TEL)
Step 1 – Join CEX.io You'll first need to purchase one of the major coins. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Click the button below to register and getting your Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transmit Your BTC (Bitcoin) or ETH (Ethereum) to an Cryptocurrency Exchange Your Bitcoin or Ethereum has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. Telcoin (TEL) is available on Binance, so we will use that as an sample. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this manual) Make sure you have selected the right coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so on. If you are working with a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our how-to).
Step 3 – Find Telcoin (TEL) Once your deposit has been verified, you will immediately have access to your funds and you can initiate invest and trading. To purchase Telcoin (TEL) on Binance, you will want to go to the ”Exchange” tab and then click on “Basic”. To spot Telcoin (TEL), you will need to put the shortname of the coin (TEL) into the search box, which is marked in the graphic. Make sure you have selected the right grouping, we have marked this also. Click on “TEL/BTC” to proceed.
Step 4 – Acquisition of (TEL) Telcoin As soon as you have spotted (TEL) Telcoin, you'll be given a Price Chart (in the Center of the image) and some Order Books (on the Left of the image). For now we are making our Limit Order. The ”Price” field will be filled with the latest rate (TEL) Telcoin was sold for. This can be changed to your favoured rate. The field with the “Amount” tag is the volumen of TEL you want to buy. The ”Total” field is the total price in Bitcoin that you'll settle for the complete volumen of TEL. If you're glad, click on “Buy TEL”. Your plan will be filled as soon as a Seller trades their TEL for the price you gave.
Step 5 – Withdraw (TEL) Telcoin Unless you are regularly trading, you should never keepyour coins on an Cryptocurrency Exchange for an extended period of time. In order to withdraw your (TEL) Telcoin, hover over the ”Funds” tab and click on “Withdraw”. (TEL) Telcoin can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find (TEL) Telcoin by using the given drop-down box. Put into the volumen of (TEL) Telcoin you would wish to withdraw. Don't forget the displayed minimus/fees. Also make sure you have entered your right withdraw address. If you are satisfied, click “Submit”. You may be asked for email/phone verification before a withdrawal.