Skip to content Skip to footer

How to Buy YAM (YAM)

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).

Binance Signup
Step 2 – Send Your ETH (Ethereum) or BTC (Bitcoin) to an Cryptocurrency Exchange

Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is alike. YAM (YAM) is accessible on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Crypto Exchange? (Follow this manual)

Make sure you've selected the correct coin you would like to deposit.

Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, et cetera. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be different (Just follow our guide).

Step 3 – Locate YAM (YAM)

As soon as your deposit has been approved, you will instantly have access to your funds and you can begin invest and trading. To purchase YAM (YAM) on Binance, you'll want to hover over the tab which is called “Exchange” and then click on “Basic”.

To find YAM (YAM), you will need to insert the cointype (YAM) into the search-box, which is marked in the picture. Be certain of having selected the correct grouping, we have highlighted this too. Click on “YAM/BTC” to advance.

{How to buy Coin on Binance 1|Binance How To Buy 1} YAM (YAM)
Step 4 – Purchasing YAM (YAM)

After you've located YAM (YAM), you will be given a Price Chart (in the Center of the image) and some Order Books (on the Left of the image). And now we're making our own Limit Order.

The ”Price” field will be filled with the most recent valuation YAM (YAM) was traded for. You can change this to your preferred rate. The field with the “Amount” tag is the amount of YAM you want to purchase. The ”Total” field is the aggregated price in BTC that you will pay for the complete quantity of YAM.

When you are happy, make a mouse click on “Buy YAM”. Your order will be filled as soon as a Seller trades their YAM for the price you submitted.

Step 5 – Withdraw YAM (YAM)

Unless you are frequently trading, best advise is not to keep your coins on an Crypto Trader for an longer time frame. In order to take off your YAM (YAM), go to the tab called “Funds” and mouse click on “Withdraw”. YAM (YAM) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate YAM (YAM) by using the provided drop-down box. Put into the amount of YAM (YAM) you would wish to withdraw. Take into account the displayed minimus/fees. Also make sure you have entered your right withdraw address.

If you are satisfied, make a mouse click on “Submit”. You may be asked for phone/email verification before a take off.

Kudos! You have successfully bought and safed YAM (YAM).

That's it!

Withdrawals from Cryptocurrency Exchange can take between 1 – 30 minutes (rely on network usage). As soon as you've confirmed your take off with Ethplorer.io or Etherscan.io and the YAM (YAM) is safe within your wallet, you're finished.

Some other Guides on How to buy different Altcoins

How to Buy KOK Coin
How to Buy Cargo Gems
How to Buy Altcoins
/* */Generated by MPG