A Step-by-Step-Guide on how to buy YACoin (YAC)
Step 1 – Signup to Coinbase and get 10$ for free You'll first need to purchase units of the top-tier 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 first $10.
Step 2 – Send Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Exchange Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is identical. YACoin (YAC) is accessible on Binance, so we will use that as an example. Unsure on how to send Coinbase funds to an Crypto Exchange? (Just follow this guide) Make sure you've chosen the exact coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, et cetera. If you are dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our manual).
Step 3 – Find (YAC) YACoin Once your deposit has been confirmed, you will instantly have access to your funds and you can commence buying and trading. To buy (YAC) YACoin on Binance, you will want to hover over the tab which is called “Exchange” and click on “Basic”. In order to find (YAC) YACoin, you will need to put the short name of the asset (YAC) into the search-box, which is marked in the picture. Be certain of having choosen the correct pairing, we have marked this too. Click on “YAC/BTC” to advance.
Step 4 – Acquisition of (YAC) YACoin Once you've found (YAC) YACoin, you'll be presented with a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). For now we're creating our Limit Order. The ”Price” field will be automatically filled with the most latest tariff (YAC) YACoin was sold for. You can change this to your favoured rate. The ”Amount” field is the quantity of YAC you want to buy. The field with the “Total” tag is the whole price in Bitcoin that you will pay for the whole quantity of YAC. If you are happy, make a mouse click on “Buy YAC”. Your order will be filled as soon as a Vendor sells their YAC for the price you offered.
Step 5 – Withdraw (YAC) YACoin Unless you are regularly trading, best advise is not to keep coins on an Cryptocurrency Exchange for an extended time frame. In order to take off your (YAC) YACoin, hover over the tab called “Funds” and mouse click on “Withdraw”. (YAC) YACoin can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate (YAC) YACoin by using the provided drop-down box. Drop in the amount of (YAC) YACoin you'd like to take off. Take into account the displayed fees/minimums. Also make sure you have entered your right withdraw address. If you are happy, click “Submit”. You could be asked for verfication via phone/email ahead of a withdrawal.