A Step-by-Step-Guide on how to buy YENTEN (YTN)
Step 1 – Join CEX.io In the beginning you'll need to purchase units of the major coins. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Follow the Link below to register and getting your Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Cryptocurrency Exchange Your Ethereum or Bitcoin has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. YENTEN (YTN) is available on Binance, so we're going to 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 have selected the precise coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etcetera. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be different (Follow our guide).
Step 3 – Find YENTEN (YTN) As soon as your deposit has been verified, you'll directly have access to your assets and you can begin buying and trading. To buy YENTEN (YTN) on Binance, you'll want to hover over the tab which is called “Exchange” and after that click on “Basic”. To find YENTEN (YTN), you'll need to put the shortname of the coin (YTN) into the search-box, which is highlighted in the picture. Make sure you have choosen the correct grouping, we have highlighted this too. Click on “YTN/BTC” to go ahead.
Step 4 – Buying YENTEN (YTN) As soon as you've discovered YENTEN (YTN), you will be given a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). For now we are making our own Limit Order. The ”Price” field will be filled with the latest rate YENTEN (YTN) was traded for. This can be changed to your desired price. The ”Amount” field is the amount of YTN you like to buy. The field with the “Total” tag is the whole price in BTC that you'll settle for the complete amount of YTN. When you're satisfied, make a mouse click on “Buy YTN”. Your order will be filled as soon as a Seller sells their YTN for the price you submitted.
Step 5 – Withdraw YENTEN (YTN) Unless you are regularly trading, best advise is not to keep your crypto on an Exchange for an extensive time period. In order to withdraw your YENTEN (YTN), hover over the ”Funds” tab and mouse click on “Withdraw”. YENTEN (YTN) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find YENTEN (YTN) by using the given drop-down box. Enter the quantity of YENTEN (YTN) you'd like to withdraw. Take into account the demonstrated fees/minimums. Also make sure you have filled your correct withdraw address. When you are glad, click on “Submit”. You could be asked for verfication via email/phone before a take off.