A Step-by-Step-Guide on how to buy Uselink chain (UL)
Step 1 – Join Coinbase and receive 10$ in Bitcoin In the beginning you'll need to buy one of the top-tier coins. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Follow the Link below to register and to get Bitcoin or Ethereum.
Step 2 – Transmit Your ETH (Ethereum) or BTC (Bitcoin) to an Exchange Your Bitcoin or Ethereum will need to be sent over to an Exchange now. All exchanges have a deposit form that is similar. Uselink chain (UL) is obtainable on Binance, so we will use that as an sample. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this manual) Make sure you have chosen the right coin you wish to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an Ethereum deposit address, etcetera. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Follow our how-to).
Step 3 – Locate (UL) Uselink chain As soon as your deposit has been confirmed, you will instantly have access to your funds and you can begin invest and trading. To invest in (UL) Uselink chain on Binance, you'll want to go to the tab which is called “Exchange” and then click on “Basic”. To locate Uselink chain (UL), you'll need to insert the shortname of the coin (UL) into the search-box, which is marked in the image. Make sure you have selected the proper pairing, we've highlighted this also. Click on “UL/BTC” to progress.
Step 4 – Buying Uselink chain (UL) As soon as you've located Uselink chain (UL), 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 creating our own Limit Order. The “Price” field will be automatically filled with the up-to-date price (UL) Uselink chain was sold for. This can be changed to your favoured price. The “Amount” field is the volumen of UL you want to purchase. The field with the “Total” tag is the whole price in BTC that you'll pay for the whole volumen of UL. When you're satisfied, click on “Buy UL”. Your plan will be filled as soon as a Seller sells their UL for the price you introduced.
Step 5 – Withdraw Uselink chain (UL) Unless you are regularly trading, you should never keepyour coins on an Crypto Exchange for an longer period of time. In order to take off your Uselink chain (UL), go to the “Funds” tab and click on “Withdraw”. (UL) Uselink chain can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate (UL) Uselink chain by using the given drop-down box. Drop in the quantity of (UL) Uselink chain you would like to take off. Don't forget the displayed minimus/fees. Also make sure you have entered your precise withdraw address. When you're happy, click on “Submit”. You may be requested for phone/email verification ahead of a take off.