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How to Buy UChain (UCN)

A Step-by-Step-Guide on how to buy UChain (UCN)

Step 1 – Signup to CEX.io

You will first need to purchase units of the bigger coins. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Follow the Link below to register and receive your Bitcoin (BTC) or Ethereum (ETH).

Binance Signup
Step 2 – Send Your Bitcoin (BTC) or Ethereum (ETH) to an Cryptocurrency Exchange

Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is alike. UChain (UCN) is available on Binance, so we're going to use that as an illustration. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this manual)

Make sure you've chosen the correct coin you would like to deposit.

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etc. If you are working with a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our how-to).

Step 3 – Locate UChain (UCN)

Once your deposit has been confirmed, you'll instantly have access to your finances and you can launch purchasing and trading. To invest in UChain (UCN) on Binance, you'll want to go to the tab which is called “Exchange” and then click on “Basic”.

In order to find UChain (UCN), you will need to insert the cointype (UCN) into the search box, which is marked in the graphic. Make sure you have selected the right grouping, we've marked this also. Click on “UCN/BTC” to advance.

{How to buy Coin on Binance 1|Binance How To Buy 1} UChain (UCN)
Step 4 – Buying UChain (UCN)

Once you've located UChain (UCN), you will be presented with a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). And now we are going to create our own Limit Order.

The field with the “Price” tag will be automatically filled with the most recent rate UChain (UCN) was sold for. You can change this to your favoured price. The field with the “Amount” tag is the amount of UCN you like to buy. The field with the “Total” tag is the total price in Bitcoin that you will settle for the whole quantity of UCN.

If you are happy, make a mouse click on “Buy UCN”. Your plan will be filled when a Vender sells their UCN for the price you gave.

Step 5 – Withdraw UChain (UCN)

Unless you're regularly trading, best advise is not to keep your crypto coins on an Cryptocurrency Exchange for an extensive period of time. To withdraw your UChain (UCN), go to the tab called “Funds” and click on “Withdraw”. UChain (UCN) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find UChain (UCN) by using the given drop-down box. Enter the quantity of UChain (UCN) you'd like to withdraw. Don't forget the displayed 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 requested for email/phone verification ahead of a withdrawal.

Congratulations! You have successfully purchased and stored UChain (UCN).

That's it!

Withdrawals from Cryptocurrency Exchange can durate between 1 – 30 minutes (rely on usage of the network). Once you have confirmed your withdrawal with Ethplorer.io or Etherscan.io and the UChain (UCN) is stored inside your wallet, you are done.

Some other Guides on How to buy different Altcoins

How to Buy Neblio
How to Buy Tepleton
How to Buy Altcoins
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