A Step-by-Step-Guide on how to buy YOLOCash (YLC) in Anguilla
Step 1 – Signup to Coinmama You will first need to buy one of the bigger currencies. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Follow the Link below to register and receive your Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transmit Your Ethereum or Bitcoin to an Cryptocurrency Exchange Your Bitcoin or Ethereum will need to be sent over to an Exchange now. All exchanges have a deposit form that is identical. YOLOCash (YLC) is accessible on Binance, so we're going to use that as an example. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow these easy steps) Make sure you've chosen the right coin you would like to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, etcetera. If you are working with a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our guide).
Step 3 – Locate YOLOCash (YLC) Once your deposit has been affirmed, you'll instantly have access to your funds and you can initiate purchasing and trading. To buy YOLOCash (YLC) on Binance, you will want to go to the tab which is called “Exchange” and then mouse click on “Basic”. In order to spot YOLOCash (YLC), you'll need to insert the cointype (YLC) into the search-box, which is marked in the picture. Be certain of having choosen the proper pairing, we've marked this also. Click on “YLC/BTC” to continue.
Step 4 – Buying YOLOCash (YLC) After you have located YOLOCash (YLC), you will be given a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the image). And now we are creating our own Limit Order. The ”Price” field will be filled with the most recent valuation YOLOCash (YLC) was sold for. This can be changed to your favoured rate. The ”Amount” field is the quantity of YLC you want to purchase. The field with the “Total” tag is the total price in BTC that you'll pay for the whole quantity of YLC. When you're satisfied, make a mouse click on “Buy YLC”. Your plan will be filled as soon as a Vendor sells their YLC for the price you gave.
Step 5 – Withdraw YOLOCash (YLC) Unless you are regularly trading, you should never keepyour crypto on an Exchange for an longer time frame. To withdraw your YOLOCash (YLC), go to the ”Funds” tab and click on “Withdraw”. YOLOCash (YLC) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate YOLOCash (YLC) by using the given drop-down box. Put into the volumen of YOLOCash (YLC) you would wish to take off. Don't forget the demonstrated minimus/fees. Also make sure you have entered your precise withdraw address. When you're happy, make a mouse click on “Submit”. You may be asked for verfication via email/phone before a take off.
Congratulations! You have successfully purchased and safed YOLOCash (YLC) in Anguilla.That's it! Withdrawals from Cryptocurrency Exchange can take between 1 – 30 minutes (rely on network usage). Once you've confirmed your withdrawal using Ethplorer.io or Etherscan.io and the YOLOCash (YLC) is stored within your wallet, you are all done.
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