A Step-by-Step-Guide on how to buy Ycash (YEC)
Step 1 – Join CEX.io In the beginning you'll need to buy units of the top-tier currencies. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Follow the Link below for registration and to get your Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Send Your Ethereum (ETH) or Bitcoin (BTC) to an Cryptocurrency Exchange Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. Ycash (YEC) is obtainable on Binance, so we will use that as an illustration. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this how-to) Make sure you've chosen the exact coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, et cetera. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be different (Follow our manual).
Step 3 – Find Ycash (YEC) Once your deposit has been verified, you'll directly have access to your funds and you can start buying and trading. To buy Ycash (YEC) on Binance, you'll want to hover over the tab which is called “Exchange” and click on “Basic”. To find Ycash (YEC), you'll need to insert the shortname of the coin (YEC) into the search box, which is highlighted in the graphic. Make sure you have choosen the correct grouping, we have highlighted this too. Click on “YEC/BTC” to advance.
Step 4 – Purchase Ycash (YEC) As soon as you've discovered Ycash (YEC), you'll be given a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). And now we are making our own Limit Order. The field with the “Price” tag will be filled with the recent tariff Ycash (YEC) was sold for. This can be changed to your desired price. The field with the “Amount” tag is the quantity of YEC you want to buy. The ”Total” field is the total price in Bitcoin that you'll pay for the whole quantity of YEC. When you are satisfied, click on “Buy YEC”. Your plan will be filled when a Vender trades their YEC for the price you offered.
Step 5 – Withdraw Ycash (YEC) Unless you're regularly trading, best advise is not to keep your crypto coins on an Crypto Trader for an extended period of time. In order to take off your Ycash (YEC), go to the tab called “Funds” and click on “Withdraw”. Ycash (YEC) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Ycash (YEC) by using the provided drop-down box. Enter the volumen of Ycash (YEC) you'd like to take off. Don't forget the displayed fees/minimums. Also make sure you have filled your right withdraw address. When you're glad, make a mouse click on “Submit”. You may be asked for verfication via phone/email before a take off.