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).
Step 2 – Transmit Your Bitcoin or Ethereum to an Cryptocurrency Exchange Your Ethereum or Bitcoin will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is alike. UChain (UCN) is available on Binance, so we're going to use that as an sample. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow these easy steps) 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, et cetera. In the case you are using a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our guide).
Step 3 – Find UChain (UCN) Once your deposit has been confirmed, you will immediately have access to your funds and you can commence purchasing and trading. To purchase UChain (UCN) on Binance, you will want to go to the ”Exchange” tab and click on “Basic”. In order to find UChain (UCN), you will need to insert the short name of the asset (UCN) into the search box, which is highlighted in the image. Make sure you have choosen the right pairing, we have highlighted this too. Click on “UCN/BTC” to advance.
Step 4 – Acquisition of UChain (UCN) As soon as you have found 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). For now we're going to make our Limit Order. The ”Price” field will be filled automatically with the up-to-date price UChain (UCN) was sold for. You can change this to your preferred rate. The ”Amount” field is the quantity of UCN you wish to buy. The ”Total” field is the aggregated price in Bitcoin that you'll pay for the complete quantity of UCN. If you are satisfied, click on “Buy UCN”. Your order will be filled when a Seller sells their UCN for the price you offered.
Step 5 – Withdraw UChain (UCN) Unless you're trading, best advise is not to keep your crypto on an Crypto Exchange for an extensive time frame. In order to take off your UChain (UCN), go to the ”Funds” tab and click on “Withdraw”. UChain (UCN) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate UChain (UCN) by using the given drop-down box. Enter the volumen of UChain (UCN) you'd like to take off. Take into account the demonstrated minimus/fees. Also make sure you have entered your precise withdraw address. When you're satisfied, make a mouse click on “Submit”. You may be asked for verfication via email/phone before a withdrawal.