A Step-by-Step-Guide on how to buy Ucoin (U)
Step 1 – Join Coinbase and receive 10$ in Bitcoin You'll first need to buy units of the major currencies. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Follow the Link below to register and to get Ethereum or Bitcoin.
Step 2 – Transmit Your ETH (Ethereum) or BTC (Bitcoin) to an Cryptocurrency Exchange Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. Ucoin (U) is available on Binance, so we will use that as an sample. Not sure on how to send funds from Coinbase to an Crypto Trader? (Follow this how-to) Make sure you have chosen the correct coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so forth. If you are working with a decentralized exchange, like Airswap or DDEX could be unlike (Follow our manual).
Step 3 – Find Ucoin (U) Once your deposit has been verified, you will directly have access to your funds and you can begin purchasing and trading. To purchase (U) Ucoin on Binance, you'll want to go to the tab which is called “Exchange” and after that click on “Basic”. In order to spot Ucoin (U), you'll need to put the shortname of the coin (U) into the search-box, which is highlighted in the graphic. Be certain of having choosen the right grouping, we have highlighted this also. Click on “U/BTC” to advance.
Step 4 – Acquisition of (U) Ucoin Once you've spotted Ucoin (U), you'll be presented with a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). For now we're going to create our Limit Order. The field with the “Price” tag will be filled with the most latest rate (U) Ucoin was sold for. You can change this to your preferred price. The “Amount” field is the quantity of U you wish to buy. The field with the “Total” tag is the whole price in Bitcoin that you'll pay for the complete amount of U. If you're glad, click on “Buy U”. Your plan will be filled when a Vender trades their U for the price you offered.
Step 5 – Withdraw Ucoin (U) Unless you're regularly trading, best advise is not to keep your coins on an Crypto Exchange for an longer period of time. To withdraw your (U) Ucoin, go to the tab called “Funds” and mouse click on “Withdraw”. Ucoin (U) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find (U) Ucoin by using the provided drop-down box. Put into the amount of (U) Ucoin you would wish to take off. Take into account the shown minimus/fees. Also make sure you have filled your precise withdraw address. If you are happy, make a mouse click on “Submit”. You could be asked for email/phone verification before a withdrawal.