How to Buy NewYork Exchange (NYE)

A Step-by-Step-Guide on how to buy NewYork Exchange (NYE)

Step 1 – Signup to eToro

In the beginning you'll need to purchase one of the major currencies. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Follow the Link below to register and to get yBTC (Bitcoin) or ETH (Ethereum).

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

Your Ethereum or Bitcoin has to be sent over to an Exchange now. All exchanges have a deposit form that is identical. NewYork Exchange (NYE) is available on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Crypto Trader? (Follow this guide)

Make sure you have chosen the right coin you want to deposit.

Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, etcetera. If you are working with a decentralized exchange, like Airswap or DDEX could be different (Just follow our manual).

Step 3 – Locate (NYE) NewYork Exchange

Once your deposit has been affirmed, you will directly have access to your assets and you can start invest and trading. To buy (NYE) NewYork Exchange on Binance, you'll want to hover over the “Exchange” tab and then click on “Basic”.

To locate (NYE) NewYork Exchange, you'll need to insert the short name of the asset (NYE) into the search box, which is highlighted in the graphic. Be certain of having choosen the correct grouping, we have highlighted this too. Click on “NYE/BTC” to go on.

Binance How To Buy 1 NewYork Exchange (NYE)
Step 4 – Buy (NYE) NewYork Exchange

After you have discovered (NYE) NewYork Exchange, you'll be given a Price Chart (in the Center of the picture) and some Order Books (on the Left of the image). And now we are going to make our own Limit Order.

The “Price” field will be filled automatically with the most recent price (NYE) NewYork Exchange was sold for. You can change this to your favoured rate. The “Amount” field is the volumen of NYE you wish to buy. The “Total” field is the whole price in BTC that you'll settle for the whole quantity of NYE.

When you're happy, make a mouse click on “Buy NYE”. Your order will be filled as soon as a Seller sells their NYE for the price you introduced.

Step 5 – Withdraw (NYE) NewYork Exchange

Unless you're regularly trading, best advise is not to keep coins on an Crypto Exchange for an extended period of time. To withdraw your (NYE) NewYork Exchange, go to the “Funds” tab and mouse click on “Withdraw”. (NYE) NewYork Exchange can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate NewYork Exchange (NYE) by using the given drop-down box. Put into the quantity of NewYork Exchange (NYE) you would wish to take off. Don't forget the shown fees/minimums. Also make sure you have entered your right withdraw address.

If you're happy, click on “Submit”. You could be asked for phone/email verification ahead of a take off.

Kudos! You've successfully bought and safed NewYork Exchange (NYE).

That's it!

Take offs from Crypto Trader can durate anywhere from 1 – 30 minutes (depending on usage of the network). Once you have confirmed your take off with Etherscan.io or Ethplorer.io and the (NYE) NewYork Exchange is stored in your wallet, you are done.