A Step-by-Step-Guide on how to buy Telcoin (TEL)
Step 1 – Signup to CEX.io You'll first need to buy units of the major currencies. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Follow the Link below for registration and receive your ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Transfer Your Bitcoin or Ethereum to an Cryptocurrency Exchange Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. Telcoin (TEL) is obtainable on Binance, so we will use that as an sample. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this manual) Make sure you have chosen the exact coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an Ethereum deposit address, and so on. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be different (Follow our guide).
Step 3 – Find Telcoin (TEL) Once your deposit has been affirmed, you'll directly have access to your assets and you can begin purchasing and trading. To buy Telcoin (TEL) on Binance, you will want to hover over the tab which is called “Exchange” and after that mouse click on “Basic”. To discover Telcoin (TEL), you will need to put the shortname of the coin (TEL) into the search-box, which is highlighted in the picture. Be certain of having selected the proper pairing, we have highlighted this too. Click on “TEL/BTC” to advance.
Step 4 – Purchasing Telcoin (TEL) As soon as you've found Telcoin (TEL), you will be given a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). For now we're making our own Limit Order. The ”Price” field will be filled with the most recent tariff Telcoin (TEL) was sold for. This can be changed to your favoured price. The ”Amount” field is the volumen of TEL you want to buy. The ”Total” field is the aggregated price in BTC that you'll pay for the complete amount of TEL. If you are glad, click on “Buy TEL”. Your order will be filled when a Vendor sells their TEL for the price you gave.
Step 5 – Withdraw Telcoin (TEL) Unless you're regularly trading, never keep your crypto on an Cryptocurrency Exchange for an extended time period. In order to take off your Telcoin (TEL), go to the tab called “Funds” and click on “Withdraw”. Telcoin (TEL) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Telcoin (TEL) by using the provided drop-down box. Put into the amount of Telcoin (TEL) you'd like to withdraw. Take into account the displayed fees/minimums. Also make sure you have filled your right withdraw address. If you are satisfied, click on “Submit”. You could be requested for phone/email verification ahead of a take off.