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How to Buy YAM v2 (YAMV2)

A Step-by-Step-Guide on how to buy YAM v2 (YAMV2)

Step 1 – Join CEX.io

In the beginning you'll need to purchase one of the top-tier coins. Exchanges normally accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Click below for registration and to get your Ethereum or Bitcoin.

Binance Signup
Step 2 – Transfer Your Bitcoin or Ethereum to an Exchange

Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Exchange now. All exchanges have a deposit form that is similar. YAM v2 (YAMV2) is obtainable on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Exchange? (Follow this manual)

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

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etc. If you're working with a decentralized exchange, such as Airswap or DDEX could be different (Follow our guide).

Step 3 – Find YAM v2 (YAMV2)

As soon as your deposit has been confirmed, you'll instantly have access to your funds and you can commence purchasing and trading. To invest in YAM v2 (YAMV2) on Binance, you'll want to hover over the tab which is called “Exchange” and mouse click on “Basic”.

To discover YAM v2 (YAMV2), you'll need to put the cointype (YAMV2) into the search-box, which is highlighted in the graphic. Make sure you have selected the correct grouping, we have highlighted this too. Click on “YAMV2/BTC” to progress.

{How to buy Coin on Binance 1|Binance How To Buy 1} YAM v2 (YAMV2)
Step 4 – Buy YAM v2 (YAMV2)

As soon as you've discovered YAM v2 (YAMV2), you'll be given a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the image). And now we are going to create our own Limit Order.

The field with the “Price” tag will be filled with the most recent rate YAM v2 (YAMV2) was traded for. You can change this to your desired rate. The ”Amount” field is the quantity of YAMV2 you want to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you'll pay for the whole quantity of YAMV2.

If you're glad, make a mouse click on “Buy YAMV2”. Your plan will be filled as soon as a Vender sells their YAMV2 for the price you offered.

Step 5 – Withdraw YAM v2 (YAMV2)

Unless you're regularly trading, best advise is not to keep your crypto coins on an Crypto Exchange for an longer time period. In order to withdraw your YAM v2 (YAMV2), hover over the tab called “Funds” and click on “Withdraw”. YAM v2 (YAMV2) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate YAM v2 (YAMV2) by using the provided drop-down box. Drop in the amount of YAM v2 (YAMV2) you'd wish to withdraw. Take into account the displayed fees/minimums. Also make sure you have filled your precise withdraw address.

When you're glad, click “Submit”. You could be requested for verfication via email/phone before a take off.

Congratulations! You've successfully bought and stored YAM v2 (YAMV2).

That's it!

Take offs from Cryptocurrency Exchange can durate anywhere from 1 – 30 minutes (depending on network usage). Once you have proved your take off with Etherscan.io or Ethplorer.io and the YAM v2 (YAMV2) is safe in your wallet, you are all done.

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