A Step-by-Step-Guide on how to buy Ycash (YEC) in Anguilla
Step 1 – Join Coinmama You'll first need to buy units of the major coins. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Click the button below for registration and receive your Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Transfer Your Bitcoin or Ethereum to an Cryptocurrency Exchange Your Ethereum or Bitcoin has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is identical. Ycash (YEC) is obtainable on Binance, so we're going to use that as an illustration. Unsure on how to send Coinbase funds to an Crypto Exchange? (Follow this how-to) Make sure you have selected the right coin you want to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so on. If you are dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Follow these easy steps).
Step 3 – Locate Ycash (YEC) As soon as your deposit has been approved, you will now have access to your assets and you can begin purchasing and trading. To invest in Ycash (YEC) on Binance, you'll want to go to the ”Exchange” tab and then click on “Basic”. To locate Ycash (YEC), you'll need to put the short name of the asset (YEC) into the search box, which is marked in the image. Make sure you have choosen the right grouping, we have highlighted this too. Click on “YEC/BTC” to go ahead.
Step 4 – Acquisition of Ycash (YEC) As soon as you have located Ycash (YEC), you'll be presented with a Price Chart (in the Center of the picture) and some Order Books (on the Left of the image). And now we're going to make our own Limit Order. The field with the “Price” tag will be filled automatically with the most latest rate Ycash (YEC) was traded for. You can change this to your favoured price. The ”Amount” field is the quantity of YEC you like to buy. The ”Total” field is the aggregated price in Bitcoin that you will settle for the complete amount of YEC. If you are glad, make a mouse click on “Buy YEC”. Your plan will be filled as soon as a Vendor trades their YEC for the price you gave.
Step 5 – Withdraw Ycash (YEC) Unless you're frequently trading, never keep your coins on an Crypto Exchange for an extended period of time. To take off your Ycash (YEC), hover over the ”Funds” tab and click on “Withdraw”. Ycash (YEC) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Ycash (YEC) by using the provided drop-down box. Enter the volumen of Ycash (YEC) you'd wish to take off. Take into account the displayed fees/minimums. Also make sure you have filled your right withdraw address. When you're satisfied, click on “Submit”. You may be asked for phone/email verification before a withdrawal.
Kudos! You've successfully bought and safed Ycash (YEC) in Anguilla.That's it! Withdrawals from Crypto Exchange can take between 1 – 30 minutes (depending on usage of the network). Once you have proved your take off with Etherscan.io or Ethplorer.io and the Ycash (YEC) is safe within your wallet, you are all done.
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