A Step-by-Step-Guide on how to buy YAM (YAM)
Step 1 – Signup to Coinbase – Get Free $10 You'll first need to buy one of the bigger coins. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Click below for registration and to get your welcome 10$.
Step 2 – Send Your BTC (Bitcoin) or ETH (Ethereum) to an Exchange Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Exchange now. All exchanges have a deposit form that is alike. YAM (YAM) is obtainable on Binance, so we will use that as an illustration. Unsure on how to send funds from Coinbase to an Exchange? (Just follow these easy steps) Make sure you've chosen the precise coin you want to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etc. If you are dealing with a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our how-to).
Step 3 – Locate YAM (YAM) Once your deposit has been affirmed, you'll directly have access to your finances and you can begin invest and trading. To buy YAM (YAM) on Binance, you'll want to hover over the ”Exchange” tab and after that click on “Basic”. To find YAM (YAM), you'll need to insert the shortname of the coin (YAM) into the search-box, which is marked in the picture. Be certain of having selected the right pairing, we've marked this too. Click on “YAM/BTC” to proceed.
Step 4 – Buying YAM (YAM) Once you've spotted YAM (YAM), you'll be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). And now we're creating our Limit Order. The ”Price” field will be filled with the most recent tariff YAM (YAM) was traded for. You can change this to your favoured price. The ”Amount” field is the quantity of YAM you want to buy. The ”Total” field is the whole price in Bitcoin that you'll pay for the complete quantity of YAM. When you are glad, make a mouse click on “Buy YAM”. Your plan will be filled when a Vendor sells their YAM for the price you gave.
Step 5 – Withdraw YAM (YAM) Unless you're frequently trading, best advise is not to keep your crypto coins on an Cryptocurrency Exchange for an longer time frame. In order to withdraw your YAM (YAM), hover over the tab called “Funds” and click on “Withdraw”. YAM (YAM) can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find YAM (YAM) by using the provided drop-down box. Enter the volumen of YAM (YAM) you'd wish to withdraw. Don't forget the presented minimus/fees. Also make sure you have filled your precise withdraw address. When you're satisfied, make a mouse click on “Submit”. You may be asked for verfication via phone/email ahead of a withdrawal.