How to Buy YAM (YAM) in Australia

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

Step 1 – Signup to Coinmama

You'll first need to buy one of the bigger currencies. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Click the button below for registration and to get your ETH (Ethereum) or BTC (Bitcoin).

Binance Signup
Step 2 – Transfer Your Ethereum or Bitcoin to an Exchange

Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Exchange now. Every exchange has a deposit form that is alike. YAM (YAM) is accessible on Binance, so we will use that as an illustration. Not sure on how to send Coinbase funds to an Exchange? (Just follow this guide)

Make sure you've selected the right coin you wish to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so on. In the case you are using a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our how-to).

Step 3 – Find {YAM (YAM)|(YAM) YAM}

Once your deposit has been confirmed, you will instantly have access to your finances and you can begin buying and trading. To invest in {YAM (YAM)|(YAM) YAM} on Binance, you will want to go to the ”Exchange” tab and after that click on “Basic”.

To spot {YAM (YAM)|(YAM) YAM}, you will need to insert the cointype (YAM) into the search-box, which is highlighted in the picture. Make sure you have selected the right grouping, we've highlighted this too. Click on “YAM/BTC” to go ahead.

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

As soon as you have discovered {YAM (YAM)|(YAM) YAM}, you will be presented with a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). Next we are making our Limit Order.

The ”Price” field will be filled with the up-to-date rate {YAM (YAM)|(YAM) YAM} was traded for. This can be changed to your desired price. The ”Amount” field is the volumen of YAM you wish to purchase. The field with the “Total” tag is the whole price in Bitcoin that you'll settle for the whole volumen of YAM.

When you are glad, make a mouse click on “Buy YAM”. Your order 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 regularly trading, you should never keepyour crypto on an Crypto Exchange for an extensive time frame. In order to withdraw your {YAM (YAM)|(YAM) YAM}, hover over the ”Funds” tab and click on “Withdraw”. {YAM (YAM)|(YAM) YAM} can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find {YAM (YAM)|(YAM) YAM} by using the provided drop-down box. Put into the amount of {YAM (YAM)|(YAM) YAM} you'd like to withdraw. Don't forget the displayed minimus/fees. Also make sure you have entered your correct withdraw address.

If you're happy, make a mouse click on “Submit”. You may be asked for verfication via email/phone before a withdrawal.

Kudos! You have successfully bought and stored YAM (YAM) in Australia.

That's it!

Withdrawals from Crypto Exchange can take anywhere from 1 – 30 minutes (rely on network usage). As soon as you've proved your withdrawal with Ethplorer.io or Etherscan.io and the {YAM (YAM)|(YAM) YAM} is stored in your wallet, you are all done.

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