A Step-by-Step-Guide on how to buy Teloscoin (TELOS)
Step 1 – Join Coinbase and get 10$ for free You will first need to buy units of the major coins. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Follow the Link below for registration and getting your welcome 10 Dollar.
Step 2 – Send Your Bitcoin (BTC) or Ethereum (ETH) to an Cryptocurrency Exchange Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. Teloscoin (TELOS) is accessible on Binance, so we will use that as an example. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this manual) Make sure you've chosen the correct coin you wish to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so forth. In the case you're working with a decentralized exchange, like Airswap or DDEX could be different (Follow our how-to).
Step 3 – Locate Teloscoin (TELOS) As soon as your deposit has been confirmed, you'll immediately have access to your funds and you can start buying and trading. To buy Teloscoin (TELOS) on Binance, you'll want to hover over the tab which is called “Exchange” and after that click on “Basic”. In order to locate Teloscoin (TELOS), you'll need to put the short name of the asset (TELOS) into the search-box, which is highlighted in the picture. Make sure you have choosen the correct pairing, we've highlighted this also. Click on “TELOS/BTC” to go on.
Step 4 – Buying Teloscoin (TELOS) After you've spotted Teloscoin (TELOS), you will be given a Price Chart (in the Center of the image) and some Order Books (on the Left of the image). For now we're making our Limit Order. The field with the “Price” tag will be filled automatically with the recent tariff Teloscoin (TELOS) was traded for. This can be changed to your desired price. The field with the “Amount” tag is the quantity of TELOS you like to buy. The field with the “Total” tag is the aggregated price in BTC that you'll settle for the complete quantity of TELOS. When you are satisfied, click on “Buy TELOS”. Your order will be filled when a Vender sells their TELOS for the price you gave.
Step 5 – Withdraw Teloscoin (TELOS) Unless you are frequently trading, best advise is not to keep your crypto on an Cryptocurrency Exchange for an longer time frame. In order to withdraw your Teloscoin (TELOS), go to the tab called “Funds” and click on “Withdraw”. Teloscoin (TELOS) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Teloscoin (TELOS) by using the provided drop-down box. Put into the volumen of Teloscoin (TELOS) you'd wish 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 asked for verfication via email/phone ahead of a take off.