A Step-by-Step-Guide on how to buy TimeLockCoin (TYM)
Step 1 – Join CEX.io You'll first need to purchase units of the bigger currencies. Exchanges normally accept either Bitcoin or Ethereum in exchange for alternative Coins. Click the button below to register and receive your Bitcoin or Ethereum.
Step 2 – Transmit Your Bitcoin or Ethereum to an Cryptocurrency Exchange Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. TimeLockCoin (TYM) is obtainable on Binance, so we're going to use that as an sample. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this how-to) Make sure you have selected the precise coin you want to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etc. If you are working with a decentralized exchange, such as Airswap or DDEX could be different (Follow our guide).
Step 3 – Find TimeLockCoin (TYM) As soon as your deposit has been verified, you will immediately have access to your finances and you can begin invest and trading. To invest in TimeLockCoin (TYM) on Binance, you will want to go to the ”Exchange” tab and after that mouse click on “Basic”. In order to find TimeLockCoin (TYM), you will need to put the short name of the asset (TYM) into the search box, which is marked in the picture. Be certain of having choosen the right grouping, we have marked this too. Click on “TYM/BTC” to go ahead.
Step 4 – Purchasing TimeLockCoin (TYM) After you've discovered TimeLockCoin (TYM), you will be presented with a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). For now we're making our own Limit Order. The ”Price” field will be filled with the recent valuation TimeLockCoin (TYM) was sold for. This can be changed to your favoured rate. The ”Amount” field is the amount of TYM you want to purchase. The field with the “Total” tag is the total price in Bitcoin that you will settle for the complete amount of TYM. If you're satisfied, click on “Buy TYM”. Your plan will be filled as soon as a Seller trades their TYM for the price you introduced.
Step 5 – Withdraw TimeLockCoin (TYM) Unless you're trading, never keep your coins on an Exchange for an longer time period. To take off your TimeLockCoin (TYM), hover over the ”Funds” tab and mouse click on “Withdraw”. TimeLockCoin (TYM) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate TimeLockCoin (TYM) by using the provided drop-down box. Enter the amount of TimeLockCoin (TYM) you'd wish to take off. Take into account the presented minimus/fees. Also make sure you have entered your right withdraw address. When you're glad, click “Submit”. You could be requested for phone/email verification before a take off.