A Step-by-Step-Guide on how to buy YFMoonshot (YFMS)
Step 1 – Signup to CEX.io In the beginning you'll need to purchase units of the major currencies. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Click the button below for registration and to get your Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Send Your Funds to an Cryptocurrency Exchange Your Ethereum or Bitcoin will need to be sent over to an Exchange now. All exchanges have a deposit form that is similar. YFMoonshot (YFMS) is accessible on Binance, so we're going to use that as an sample. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this guide) Make sure you have selected the right coin you would like to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so forth. If you are working with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our how-to).
Step 3 – Locate YFMoonshot (YFMS) Once your deposit has been affirmed, you'll now have access to your assets and you can begin invest and trading. To purchase YFMoonshot (YFMS) on Binance, you'll want to go to the tab which is called “Exchange” and after that mouse click on “Basic”. To spot YFMoonshot (YFMS), you'll need to put the cointype (YFMS) into the search-box, which is highlighted in the picture. Make sure you have selected the correct pairing, we have marked this too. Click on “YFMS/BTC” to progress.
Step 4 – Purchasing YFMoonshot (YFMS) After you've located YFMoonshot (YFMS), you'll be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the picture). For now we are going to make our own Limit Order. The field with the “Price” tag will be filled with the most recent tariff YFMoonshot (YFMS) was traded for. You can change this to your desired price. The ”Amount” field is the quantity of YFMS you want to buy. The ”Total” field is the whole price in Bitcoin that you'll settle for the whole amount of YFMS. When you're happy, make a mouse click on “Buy YFMS”. Your plan will be filled as soon as a Seller sells their YFMS for the price you gave.
Step 5 – Withdraw YFMoonshot (YFMS) Unless you're regularly trading, never keep your coins on an Cryptocurrency Exchange for an longer time frame. In order to take off your YFMoonshot (YFMS), go to the ”Funds” tab and mouse click on “Withdraw”. YFMoonshot (YFMS) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find YFMoonshot (YFMS) by using the provided drop-down box. Enter the quantity of YFMoonshot (YFMS) you would like to withdraw. Don't forget the displayed minimus/fees. Also make sure you have entered your right withdraw address. If you're happy, click “Submit”. You could be requested for phone/email verification before a take off.