How to Buy YAM (YAM) in Armenia

A Step-by-Step-Guide on how to buy YAM (YAM) in Armenia

Step 1 – Join Coinmama

In the beginning you'll need to buy one of the bigger coins. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Click below for registration and to get your Ethereum (ETH) or Bitcoin (BTC).

Binance Signup
Step 2 – Send Your ETH (Ethereum) or BTC (Bitcoin) to an Cryptocurrency Exchange

Your Ethereum or Bitcoin will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is similar. YAM (YAM) is obtainable on Binance, so we will use that as an example. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this manual)

Make sure you've chosen the precise coin you would like to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etc. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our how-to).

Step 3 – Locate {YAM (YAM)|(YAM) YAM}

Once your deposit has been confirmed, you will now have access to your funds and you can initiate buying and trading. To invest in {YAM (YAM)|(YAM) YAM} on Binance, you will want to go to the tab which is called “Exchange” and then click on “Basic”.

To discover {YAM (YAM)|(YAM) YAM}, you will need to put the short name of the asset (YAM) into the search-box, which is highlighted in the graphic. Make sure you have selected the proper pairing, we've highlighted this too. Click on “YAM/BTC” to advance.

{How to buy Coin on Binance 1|Binance How To Buy 1} YAM (YAM)
Step 4 – Purchase {YAM (YAM)|(YAM) YAM}

After you have discovered {YAM (YAM)|(YAM) YAM}, you'll be presented with a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). For now we're going to make our own Limit Order.

The ”Price” field will be filled automatically with the most recent tariff {YAM (YAM)|(YAM) YAM} was sold for. You can change this to your favoured rate. The field with the “Amount” tag is the amount of YAM you like to buy. The field with the “Total” tag is the whole price in Bitcoin that you will settle for the complete amount of YAM.

If you are happy, make a mouse click on “Buy YAM”. Your plan will be filled as soon as a Seller sells their YAM for the price you gave.

Step 5 – Withdraw {YAM (YAM)|(YAM) YAM}

Unless you're trading, best advise is not to keep your crypto on an Cryptocurrency Exchange for an extensive time frame. In order to withdraw your {YAM (YAM)|(YAM) YAM}, hover over the ”Funds” tab and mouse click on “Withdraw”. {YAM (YAM)|(YAM) YAM} can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find {YAM (YAM)|(YAM) YAM} by using the provided drop-down box. Enter the amount of {YAM (YAM)|(YAM) YAM} you'd wish to withdraw. Take into account the displayed minimus/fees. Also make sure you have entered your correct withdraw address.

When you're satisfied, make a mouse click on “Submit”. You could be asked for phone/email verification before a withdrawal.

Congrats! You have successfully purchased and stored YAM (YAM) in Armenia.

That's it!

Withdrawals from Crypto Exchange can durate anywhere from 1 – 30 minutes (rely on network usage). As soon as you have confirmed your take off using Etherscan.io or Ethplorer.io and the {YAM (YAM)|(YAM) YAM} is safe inside your wallet, you're done.

And some more interesting Altcoins:

How to buy ExchangeN (EXN) in Albania
How to buy GoWithMi (GMAT) in Armenia
How to buy Zcash (ZEC) in Argentina