A Step-by-Step-Guide on how to buy Ucoin (U)
Step 1 – Join Coinbase and recieve 10$ for free You'll first need to buy units of the top-tier coins. Exchanges usually accept either Ethereum or Bitcoin in exchange for Altcoins. Click below to register and receive your first 10$.
Step 2 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Exchange Your Bitcoin or Ethereum has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is identical. Ucoin (U) is accessible on Binance, so we're going to use that as an sample. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Just follow these easy steps) Make sure you have selected the correct coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so forth. If you are working with a decentralized exchange, like Airswap or DDEX could be unlike (Just follow these easy steps).
Step 3 – Locate Ucoin (U) As soon as your deposit has been approved, you will now have access to your funds and you can launch buying and trading. To invest in Ucoin (U) on Binance, you will want to hover over the tab which is called “Exchange” and mouse click on “Basic”. In order to spot Ucoin (U), you will need to put the shortname of the coin (U) into the search-box, which is highlighted in the graphic. Be certain of having choosen the proper pairing, we've highlighted this also. Click on “U/BTC” to progress.
Step 4 – Buying Ucoin (U) After you've located Ucoin (U), you will be given a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). And now we are going to make our Limit Order. The field with the “Price” tag will be automatically filled with the most latest rate Ucoin (U) was sold for. This can be changed to your preferred price. The ”Amount” field is the volumen of U you want to buy. The field with the “Total” tag is the total price in Bitcoin that you will settle for the complete volumen of U. If you're satisfied, make a mouse click on “Buy U”. Your plan will be filled when a Vendor sells their U for the price you gave.
Step 5 – Withdraw Ucoin (U) Unless you are trading, never keep your crypto coins on an Exchange for an longer time period. In order to take off your Ucoin (U), go to the tab called “Funds” and mouse click on “Withdraw”. Ucoin (U) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Ucoin (U) by using the provided drop-down box. Enter the quantity of Ucoin (U) you would like to take off. Don't forget the demonstrated minimus/fees. Also make sure you have entered your right withdraw address. When you are satisfied, click on “Submit”. You could be asked for verfication via email/phone before a withdrawal.