A Step-by-Step-Guide on how to buy UMA (UMA) in Anguilla
Step 1 – Join Coinmama In the beginning you'll need to buy units of the major currencies. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Click the button below for registration and receive your ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Send Your Ethereum or Bitcoin to an Crypto Exchange Your Ethereum or Bitcoin will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is identical. UMA (UMA) is accessible on Binance, so we will use that as an sample. Unsure on how to send Coinbase funds to an Exchange? (Just follow these easy steps) Make sure you've chosen the correct coin you wish to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, etc. If you are working with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our manual).
Step 3 – Locate UMA (UMA) Once your deposit has been affirmed, you'll now have access to your finances and you can commence invest and trading. To buy UMA (UMA) on Binance, you will want to go to the ”Exchange” tab and after that mouse click on “Basic”. To spot UMA (UMA), you'll need to put the cointype (UMA) into the search box, which is highlighted in the graphic. Be certain of having selected the right pairing, we have marked this also. Click on “UMA/BTC” to advance.
Step 4 – Buy UMA (UMA) As soon as you have found UMA (UMA), you'll be given a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the picture). And now we're creating our own Limit Order. The field with the “Price” tag will be filled with the most recent rate UMA (UMA) was sold for. This can be changed to your preferred rate. The field with the “Amount” tag is the volumen of UMA you want to purchase. The ”Total” field is the aggregated price in BTC that you will pay for the complete volumen of UMA. When you're glad, make a mouse click on “Buy UMA”. Your plan will be filled when a Seller sells their UMA for the price you gave.
Step 5 – Withdraw UMA (UMA) Unless you are frequently trading, best advise is not to keep your coins on an Crypto Trader for an extended time period. In order to withdraw your UMA (UMA), hover over the tab called “Funds” and mouse click on “Withdraw”. UMA (UMA) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find UMA (UMA) by using the provided drop-down box. Put into the quantity of UMA (UMA) you would like to take off. Don't forget the presented minimus/fees. Also make sure you have filled your precise withdraw address. When you're satisfied, make a mouse click on “Submit”. You may be asked for email/phone verification ahead of a take off.
Kudos! You've successfully bought and stored UMA (UMA) in Anguilla.That's it! Withdrawals from Exchange can take between 1 – 30 minutes (rely on network usage). Once you have proved your withdrawal using Etherscan.io or Ethplorer.io and the UMA (UMA) is safe inside your wallet, you're finished.
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