A Step-by-Step-Guide on how to buy CryptoYen (YEN)
Step 1 – Join Coinbase and recieve 10$ for free You will first need to buy units of the major coins. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Click the button below for registration and receive your welcome $10.
Step 2 – Send Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Trader Your Bitcoin or Ethereum has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. CryptoYen (YEN) is accessible on Binance, so we're going to use that as an sample. Not sure on how to send Coinbase funds to an Crypto Trader? (Follow this guide) Make sure you've chosen the right coin you wish to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an Ethereum deposit address, et cetera. If you are working with a decentralized exchange, like Airswap or DDEX could be divergent (Follow our manual).
Step 3 – Locate (YEN) CryptoYen As soon as your deposit has been verified, you'll now have access to your funds and you can begin purchasing and trading. To buy CryptoYen (YEN) on Binance, you will want to hover over the “Exchange” tab and click on “Basic”. In order to spot CryptoYen (YEN), you'll need to insert the cointype (YEN) into the search box, which is highlighted in the image. Make sure you have selected the proper pairing, we've marked this too. Click on “YEN/BTC” to advance.
Step 4 – Acquisition of CryptoYen (YEN) Once you've spotted CryptoYen (YEN), you will be presented with a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). Next we are making our Limit Order. The “Price” field will be filled with the latest valuation (YEN) CryptoYen was traded for. This can be changed to your desired price. The “Amount” field is the volumen of YEN you want to purchase. The “Total” field is the aggregated price in Bitcoin that you'll pay for the whole quantity of YEN. If you are glad, click on “Buy YEN”. Your plan will be filled as soon as a Seller sells their YEN for the price you introduced.
Step 5 – Withdraw (YEN) CryptoYen Unless you're trading, you should never keepyour crypto on an Exchange for an extended period of time. In order to take off your CryptoYen (YEN), go to the tab called “Funds” and click on “Withdraw”. (YEN) CryptoYen can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find (YEN) CryptoYen by using the given drop-down box. Drop in the amount of (YEN) CryptoYen you'd like to take off. Take into account the displayed minimus/fees. Also make sure you have filled your correct withdraw address. If you're happy, click on “Submit”. You could be asked for phone/email verification ahead of a take off.