A Step-by-Step-Guide on how to buy Yearn Secure (YSEC)
Step 1 – Join Coinbase and receive 10$ in Bitcoin You will first need to purchase one of the top-tier currencies. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Click below for registration and receive BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Send Your Bitcoin or Ethereum to an Exchange Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is alike. Yearn Secure (YSEC) is accessible on Binance, so we will use that as an illustration. Unsure on how to send Coinbase funds to an Exchange? (Follow this how-to) Make sure you've chosen the precise coin you would like to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etcetera. If you are dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Follow our manual).
Step 3 – Locate Yearn Secure (YSEC) As soon as your deposit has been confirmed, you will immediately have access to your finances and you can initiate purchasing and trading. To invest in (YSEC) Yearn Secure on Binance, you will want to go to the “Exchange” tab and mouse click on “Basic”. In order to find (YSEC) Yearn Secure, you will need to put the shortname of the coin (YSEC) into the search-box, which is marked in the picture. Be certain of having selected the correct grouping, we've highlighted this also. Click on “YSEC/BTC” to continue.
Step 4 – Buying (YSEC) Yearn Secure After you have spotted Yearn Secure (YSEC), you will be given a Price Chart (in the Center of the image) and a few Order Books (Leftside of the picture). And now we're creating our own Limit Order. The field with the “Price” tag will be filled automatically with the most up-to-date rate (YSEC) Yearn Secure was traded for. This can be changed to your favoured price. The “Amount” field is the quantity of YSEC you wish to buy. The field with the “Total” tag is the total price in BTC that you will settle for the whole amount of YSEC. If you're happy, click on “Buy YSEC”. Your order will be filled when a Vender sells their YSEC for the price you offered.
Step 5 – Withdraw Yearn Secure (YSEC) Unless you're frequently trading, best advise is not to keep coins on an Exchange for an longer time period. To withdraw your (YSEC) Yearn Secure, go to the “Funds” tab and click on “Withdraw”. (YSEC) Yearn Secure can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find (YSEC) Yearn Secure by using the provided drop-down box. Drop in the amount of (YSEC) Yearn Secure you'd like to withdraw. Take into account the presented minimus/fees. Also make sure you have entered your correct withdraw address. If you're satisfied, make a mouse click on “Submit”. You may be asked for phone/email verification before a withdrawal.