But we are not done yet, since YCC is an altcoin we need to transfer our BTC to an exchange that YCC can be traded, hera we will use Huobi as our exchange. Huobi is a popular exchange to trade altcoins and it has a bombastic number of tradable altcoins pairs. Use the connection below to register your raw account. Huobi is primitively a Chinese crypto exchange. From what it seems, it has immediately registered in the Seychelles. This exchange is one of the six exchanges from the Seychelles. The fluidity at Huobi is impressive. The liquid, together with its customer support that is open 24 hours a day 365 days a year and commodity security. If you sign up to Huobi using our link below, you will receive a series of welcome bonuses, as follows : 1. USDT 10 when you have registered and verified your profile, 2. USDT 50 when you have deposited/bought 100 USDT worth of tokens via Huobi OTC, and 3. A chance of up to USDT 60 when you have completed a minimal of 100 USDT worth of crypto-to-crypto trade. Huobi does not allow US-investors on its switch over.
After going through a exchangeable serve as we ‘ve done before with Coinbase, you will be advised to set up 2FA authentication adenine well, finish it as it adds extra security to your history .
Step 4: Deposit BTC to exchange
Depends on the policies of the exchange you might be required to go through another KYC process, this should normally take you from 30 minutes to possibly a few days utmost. Though the process should be straight-forward and slowly to follow. Once you ‘re done with it you should have fully access to your commute wallet.
If this is your first time making a crypto deposit, the screen here may look a piece chilling. But do n’t worry, it ‘s basically simpler than making a bank transfer. At the box on the right, you will see a string of random numbers saying ‘BTC address ‘, this is a singular populace address of your BTC wallet at Huobi and you can receive BTC by giving this address to the person to send you the funds. Since we are now transferring our previously bought BTC on Coinbase to this wallet, click on ‘Copy Address ‘ or right-click on the full address and click copy to grab this cover to your clipboard. now head rear to Coinbase, go to Portfolio page and chink on BTC on your asset number, then click on ‘Send ‘ on the right.
Under the Recipient field, paste the wallet address from your clipboard, for security consideration you should always check if both addresses are matching. It is known that there are certain calculator malware that would alter the contented in your clipboard into another wallet address and you will be basically sending funds to another person. Click ‘Send ‘ to proceed, you should receive a confirmation e-mail immediately, pawl on the confirmation yoke in the e-mail and your coins are on the way to Huobi !
now go back to Huobi and heading to your central wallets, do n’t worry if you have n’t seen your deposit here. It is probably still being verified in the blockchain network and it should take a few minutes for your coins to arrive. Depending on the network traffic condition of the Bitcoin network, during busy times it may take even longer. You should receive a ratification notification from Huobi once your BTC has arrived. And you are now last ready to purchase YCC !
Step 5: Trade YCC
Go back to Huobi, then go to ‘Exchange ‘. boom ! What a opinion ! The constantly flicker figures might be a bit chilling, but relax, let ‘s get our heads around this.
In the correctly column there is a research barroom, now make sure “ BTC ” is selected as we are trading BTC to altcoin pair. Click on it and type in “ YCC ”, you should see YCC/BTC, choice that pair and you should see a price chart of YCC/BTC in the in-between of the page. Below there is a box with a green release that says “ Buy YCC ”, inside of the box, choose the “ Market ” tab hera as that is the most straight-forward type of buying orders. You can either type in your total or choose what helping of your deposit you would like to spend on buy, by clicking on the percentage buttons. When you have confirmed everything, pawl “ Buy YCC ”. Voila ! You have ultimately bought YCC !