How to Buy YAM v2 (YAMV2) in Anguilla

A Step-by-Step-Guide on how to buy YAM v2 (YAMV2) in Anguilla

Step 1 – Signup to Coinmama

You'll first need to purchase units of the bigger currencies. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Follow the Link below for registration and receive your Ethereum (ETH) or Bitcoin (BTC).

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

Your Bitcoin or Ethereum has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. YAM v2 (YAMV2) is available on Binance, so we will use that as an sample. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this how-to)

Make sure you have selected the right 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 working with a decentralized exchange, like Airswap or DDEX could be opposed (Follow these easy steps).

Step 3 – Find {YAM v2 (YAMV2)|(YAMV2) YAM v2}

As soon as your deposit has been confirmed, you will directly have access to your assets and you can start buying and trading. To purchase {YAM v2 (YAMV2)|(YAMV2) YAM v2} on Binance, you will want to go to the ”Exchange” tab and then click on “Basic”.

In order to spot {YAM v2 (YAMV2)|(YAMV2) YAM v2}, you will need to put the cointype (YAMV2) into the search box, which is highlighted in the image. Be certain of having choosen the correct pairing, we have highlighted this also. Click on “YAMV2/BTC” to continue.

{How to buy Coin on Binance 1|Binance How To Buy 1} YAM v2 (YAMV2)
Step 4 – Purchasing {YAM v2 (YAMV2)|(YAMV2) YAM v2}

After you have spotted {YAM v2 (YAMV2)|(YAMV2) YAM v2}, you will be given a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). Next we are going to make our own Limit Order.

The field with the “Price” tag will be filled with the most recent rate {YAM v2 (YAMV2)|(YAMV2) YAM v2} was traded for. This can be changed to your favoured rate. The ”Amount” field is the amount of YAMV2 you want to purchase. The ”Total” field is the total price in BTC that you'll settle for the complete amount of YAMV2.

When you are happy, click on “Buy YAMV2”. Your order will be filled when a Seller trades their YAMV2 for the price you introduced.

Step 5 – Withdraw {YAM v2 (YAMV2)|(YAMV2) YAM v2}

Unless you are trading, never keep your crypto on an Crypto Trader for an longer time frame. In order to withdraw your {YAM v2 (YAMV2)|(YAMV2) YAM v2}, go to the tab called “Funds” and mouse click on “Withdraw”. {YAM v2 (YAMV2)|(YAMV2) YAM v2} can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find {YAM v2 (YAMV2)|(YAMV2) YAM v2} by using the provided drop-down box. Enter the amount of {YAM v2 (YAMV2)|(YAMV2) YAM v2} you'd wish to withdraw. Take into account the presented minimus/fees. Also make sure you have entered your correct withdraw address.

If you are glad, click on “Submit”. You may be asked for verfication via email/phone before a take off.

Kudos! You've successfully bought and stored YAM v2 (YAMV2) in Anguilla.

That's it!

Withdrawals from Exchange can durate anywhere from 1 – 30 minutes (rely on usage of the network). Once you have confirmed your withdrawal with Ethplorer.io or Etherscan.io and the {YAM v2 (YAMV2)|(YAMV2) YAM v2} is stored within your wallet, you are done.

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