A Step-by-Step-Guide on how to buy Yoink (YNK)
Step 1 – Join CEX.io In the beginning you'll need to buy one of the top-tier coins. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Click the button below to register and to get your Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Send Your Ethereum or Bitcoin to an Crypto Exchange Your Ethereum or Bitcoin has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. Yoink (YNK) is available on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Crypto Exchange? (Follow these easy steps) Make sure you have selected the exact coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etcetera. If you're using a decentralized exchange, like Airswap or DDEX could be unlike (Follow our manual).
Step 3 – Locate Yoink (YNK) Once your deposit has been verified, you will directly have access to your funds and you can launch buying and trading. To invest in Yoink (YNK) on Binance, you will want to hover over the ”Exchange” tab and then click on “Basic”. To spot Yoink (YNK), you will need to put the short name of the asset (YNK) into the search box, which is marked in the graphic. Be certain of having choosen the correct grouping, we have marked this also. Click on “YNK/BTC” to go ahead.
Step 4 – Purchase Yoink (YNK) Once you've located Yoink (YNK), 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're going to create our Limit Order. The field with the “Price” tag will be filled automatically with the most recent tariff Yoink (YNK) was sold for. You can change this to your favoured rate. The ”Amount” field is the quantity of YNK you wish to buy. The ”Total” field is the aggregated price in BTC that you'll pay for the whole quantity of YNK. If you're happy, make a mouse click on “Buy YNK”. Your order will be filled when a Seller trades their YNK for the price you gave.
Step 5 – Withdraw Yoink (YNK) Unless you're trading, best advise is not to keep your crypto coins on an Cryptocurrency Exchange for an longer period of time. In order to withdraw your Yoink (YNK), hover over the ”Funds” tab and click on “Withdraw”. Yoink (YNK) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Yoink (YNK) by using the given drop-down box. Put into the quantity of Yoink (YNK) you would wish to withdraw. Don't forget the displayed fees/minimums. Also make sure you have filled your correct withdraw address. If you're glad, click on “Submit”. You may be asked for verfication via email/phone ahead of a take off.