A Step-by-Step-Guide on how to buy UMA (UMA)
Step 1 – Join Coinbase – Get Free $10 You will first need to buy one of the top-tier currencies. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Click below for registration and to get your first 10$.
Step 2 – Transfer Your Funds to an Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Exchange now. Every exchange has a deposit form that is similar. UMA (UMA) is available on Binance, so we will use that as an illustration. Unsure on how to send Coinbase funds to an Exchange? (Follow this how-to) Make sure you've selected the precise coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, et cetera. If you're working with a decentralized exchange, like Airswap or DDEX could be unlike (Follow our how-to).
Step 3 – Locate (UMA) UMA Once your deposit has been verified, you will immediately have access to your finances and you can begin invest and trading. To buy (UMA) UMA on Binance, you will want to hover over the ”Exchange” tab and after that mouse click on “Basic”. To discover (UMA) UMA, you will need to insert the shortname of the coin (UMA) into the search box, which is highlighted in the picture. Be certain of having selected the right grouping, we've highlighted this too. Click on “UMA/BTC” to advance.
Step 4 – Purchasing UMA (UMA) As soon as you've spotted UMA (UMA), you will be given a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). For now we're going to make our Limit Order. The field with the “Price” tag will be automatically filled with the most recent tariff UMA (UMA) was sold for. This can be changed to your preferred price. The field with the “Amount” tag is the volumen of UMA you want to buy. The field with the “Total” tag is the whole price in BTC that you will pay for the whole volumen of UMA. If you are satisfied, make a mouse click on “Buy UMA”. Your order will be filled when a Vendor sells their UMA for the price you submitted.
Step 5 – Withdraw (UMA) UMA Unless you are trading, you should never keepyour crypto on an Crypto Exchange for an longer time period. In order to take off your (UMA) UMA, go to the ”Funds” tab and click on “Withdraw”. (UMA) UMA can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate (UMA) UMA by using the given drop-down box. Enter the volumen of (UMA) UMA you'd wish to take off. Take into account the presented fees/minimums. Also make sure you have entered your precise withdraw address. When you are satisfied, click on “Submit”. You could be requested for email/phone verification before a withdrawal.