How to Buy Cryptokenz (CYT)

A Step-by-Step-Guide on how to buy Cryptokenz (CYT)

Step 1 – Signup to Coinbase and receive 10$ in Bitcoin

You will first need to buy units of the bigger coins. Exchanges normally accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Follow the Link below to register and to get BTC (Bitcoin) or ETH (Ethereum).

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

Your Ethereum or Bitcoin has to be sent over to an Exchange now. All exchanges have a deposit form that is identical. Cryptokenz (CYT) is obtainable on Binance, so we will use that as an sample. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow these easy steps)

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

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so forth. In the case you're using a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow these easy steps).

Step 3 – Find (CYT) Cryptokenz

As soon as your deposit has been confirmed, you'll directly have access to your finances and you can launch purchasing and trading. To buy (CYT) Cryptokenz on Binance, you'll want to hover over the tab which is called “Exchange” and then mouse click on “Basic”.

In order to find (CYT) Cryptokenz, you will need to put the short name of the asset (CYT) into the search-box, which is highlighted in the graphic. Be certain of having selected the proper grouping, we've marked this also. Click on “CYT/BTC” to progress.

Binance How To Buy 1 Cryptokenz (CYT)
Step 4 – Purchasing Cryptokenz (CYT)

Once you have located Cryptokenz (CYT), you'll be presented with a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the image). For now we're going to create our own Limit Order.

The “Price” field will be automatically filled with the most up-to-date rate (CYT) Cryptokenz was sold for. This can be changed to your desired rate. The “Amount” field is the volumen of CYT you like to purchase. The field with the “Total” tag is the total price in BTC that you'll settle for the whole volumen of CYT.

When you're glad, click on “Buy CYT”. Your order will be filled as soon as a Vendor trades their CYT for the price you introduced.

Step 5 – Withdraw Cryptokenz (CYT)

Unless you're frequently trading, best advise is not to keep your coins on an Cryptocurrency Exchange for an extensive time period. To take off your Cryptokenz (CYT), go to the “Funds” tab and mouse click on “Withdraw”. Cryptokenz (CYT) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find Cryptokenz (CYT) by using the provided drop-down box. Enter the quantity of Cryptokenz (CYT) you would wish to withdraw. Don't forget the displayed fees/minimums. Also make sure you have entered your precise withdraw address.

When you are satisfied, click on “Submit”. You could be asked for verfication via phone/email ahead of a withdrawal.

Kudos! You have successfully purchased and stored Cryptokenz (CYT).

That's it!

Withdrawals from Crypto Trader can take between 1 – 30 minutes (depending on usage of the network). Once you have confirmed your take off using Ethplorer.io or Etherscan.io and the (CYT) Cryptokenz is safe in your wallet, you are done.