A Step-by-Step-Guide on how to buy Ycash (YEC)
Step 1 – Join CEX.io In the beginning you'll need to purchase units of the major currencies. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Follow the Link below to register and to get your Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Send Your Ethereum or Bitcoin to an Crypto Exchange Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is similar. Ycash (YEC) is accessible on Binance, so we will use that as an sample. Unsure on how to send Coinbase funds to an Crypto Exchange? (Just follow this manual) Make sure you have selected the exact coin you want to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so on. If you're using a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow these easy steps).
Step 3 – Find Ycash (YEC) As soon as your deposit has been verified, you'll directly have access to your funds and you can commence invest and trading. To purchase Ycash (YEC) on Binance, you'll want to hover over the ”Exchange” tab and mouse click on “Basic”. To find Ycash (YEC), you'll need to put the short name of the asset (YEC) into the search box, which is marked in the image. Be certain of having selected the proper pairing, we've marked this also. Click on “YEC/BTC” to progress.
Step 4 – Purchasing (YEC) Ycash As soon as you have located (YEC) Ycash, you will be given a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). And now we are going to make our Limit Order. The field with the “Price” tag will be automatically filled with the most latest valuation (YEC) Ycash was traded for. You can change this to your favoured rate. The ”Amount” field is the volumen of YEC you want to purchase. The field with the “Total” tag is the aggregated price in Bitcoin that you'll settle for the complete volumen of YEC. When you're satisfied, make a mouse click on “Buy YEC”. Your order will be filled when a Vendor trades their YEC for the price you introduced.
Step 5 – Withdraw Ycash (YEC) Unless you are frequently trading, best advise is not to keep your coins on an Exchange for an longer period of time. To take off your Ycash (YEC), hover over the tab called “Funds” and click on “Withdraw”. Ycash (YEC) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Ycash (YEC) by using the provided drop-down box. Drop in the quantity of Ycash (YEC) you would like to take off. Take into account the displayed fees/minimums. Also make sure you have filled your precise withdraw address. When you are glad, make a mouse click on “Submit”. You could be requested for verfication via phone/email before a take off.