A Step-by-Step-Guide on how to buy YAM (YAM)
Step 1 – Join CEX.io You will first need to purchase units of the top-tier coins. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Click below to register and to get your BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Send Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. YAM (YAM) is available on Binance, so we will use that as an sample. Unsure on how to send Coinbase funds to an Crypto Exchange? (Follow this guide) Make sure you have chosen the precise coin you would like to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, et cetera. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our guide).
Step 3 – Locate YAM (YAM) As soon as your deposit has been confirmed, you'll directly have access to your assets and you can launch invest and trading. To invest in YAM (YAM) on Binance, you'll want to go to the ”Exchange” tab and mouse click on “Basic”. To spot YAM (YAM), you'll need to put the shortname of the coin (YAM) into the search box, which is marked in the graphic. Be certain of having selected the proper grouping, we've marked this too. Click on “YAM/BTC” to continue.
Step 4 – Buying YAM (YAM) As soon as you've discovered YAM (YAM), 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). Next we're making our Limit Order. The ”Price” field will be filled with the most latest price YAM (YAM) was traded for. You can change this to your favoured rate. The field with the “Amount” tag is the volumen of YAM you wish to buy. The field with the “Total” tag is the total price in Bitcoin that you will pay for the whole volumen of YAM. When you are satisfied, make a mouse click on “Buy YAM”. Your plan will be filled when a Vender sells their YAM for the price you offered.
Step 5 – Withdraw YAM (YAM) Unless you are trading, you should never keepyour coins on an Crypto Exchange for an longer period of time. To withdraw your YAM (YAM), hover over the ”Funds” tab and mouse click on “Withdraw”. YAM (YAM) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find YAM (YAM) by using the provided drop-down box. Drop in the quantity of YAM (YAM) you would wish to withdraw. Take into account the demonstrated fees/minimums. Also make sure you have entered your right withdraw address. When you are happy, click on “Submit”. You could be asked for verfication via phone/email ahead of a take off.