A Step-by-Step-Guide on how to buy Sylo (SYLO) in Australia
Step 1 – Join Coinmama You'll first need to buy units of the major coins. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Click below for registration and to get your ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Transmit Your Ethereum (ETH) or Bitcoin (BTC) to an Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Exchange now. All exchanges have a deposit form that is similar. Sylo (SYLO) is available on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Exchange? (Follow this guide) Make sure you've chosen the exact coin you would like to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etc. If you are using a decentralized exchange, like Airswap or DDEX could be different (Follow these easy steps).
Step 3 – Find Sylo (SYLO) As soon as your deposit has been approved, you'll instantly have access to your assets and you can commence purchasing and trading. To buy Sylo (SYLO) on Binance, you'll want to go to the tab which is called “Exchange” and after that mouse click on “Basic”. In order to discover Sylo (SYLO), you'll need to put the cointype (SYLO) into the search-box, which is marked in the picture. Be certain of having choosen the correct pairing, we've marked this also. Click on “SYLO/BTC” to proceed.
Step 4 – Buying Sylo (SYLO) After you've discovered Sylo (SYLO), you'll be given a Price Chart (in the Center of the image) and some Order Books (on the Left of the image). For now we are making our Limit Order. The field with the “Price” tag will be automatically filled with the most latest price Sylo (SYLO) was sold for. This can be changed to your preferred price. The ”Amount” field is the quantity of SYLO you like to purchase. The field with the “Total” tag is the whole price in Bitcoin that you will settle for the complete quantity of SYLO. If you're happy, make a mouse click on “Buy SYLO”. Your order will be filled as soon as a Vendor sells their SYLO for the price you submitted.
Step 5 – Withdraw Sylo (SYLO) Unless you're frequently trading, best advise is not to keep your crypto coins on an Crypto Exchange for an longer time frame. In order to take off your Sylo (SYLO), hover over the ”Funds” tab and click on “Withdraw”. Sylo (SYLO) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Sylo (SYLO) by using the provided drop-down box. Drop in the volumen of Sylo (SYLO) you would like to take off. Don't forget the presented minimus/fees. Also make sure you have entered your correct withdraw address. If you're glad, click “Submit”. You could be asked for verfication via phone/email before a withdrawal.
Kudos! You have successfully purchased and safed Sylo (SYLO) in Australia.That's it! Take offs from Exchange can durate between 1 – 30 minutes (rely on network usage). As soon as you've proved your take off using Ethplorer.io or Etherscan.io and the Sylo (SYLO) is stored within your wallet, you're all done.
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