Easy Steps to Buy Yuan Chain Coin (YCC) 

Yuan Chain Coin (YCC) is a cryptocurrency that runs on the Ethereum network. On most cryptocurrency exchanges, you’ll need Bitcoin (BTC) or Ethereum (ETH) to trade forYuan coins. However, some newer exchanges will allow you to trade directly with fiat currencies like US dollars (USD).

More and more investors are seeking methods to get exposure to the Chinese currency as China’s economy grows more important in global trade and the yuan continues to gain acceptance.

While the yuan is still somewhat restricted in its movements and not yet entirely freely convertible, it is quickly approaching such status and becoming more accessible to investors. Investors may invest in the Chinese currency in a variety of ways, including obtaining yuan directly and keeping it as cash, investing in funds that hold the Chinese currency, and purchasing Digital Yuan futures contracts.

Where can you buy Yuan Chain Coin?

You must complete two transactions to purchase Yuan Chain Coin (YCC) with money from your bank. You’ll buy BTC or ETH on an exchange that accepts debit card or bank account deposits, and then you’ll trade your newly acquired crypto for YCC on a marketplace that trades bitcoin or Ether for YCC. Coinbase and Huobi are two popular exchanges where you can buy Yuan Chain Coin.

How to Buy Yuan Chain Coin on Huobi

Huobi Global has over 500 different cryptocurrencies available for trading. Huobi Global offers 57 local currencies and 60 payment options, making it one of the most user-friendly exchanges for purchasing $YCC coins.

Step 1. Register Huobi Global account The first step is to open an account on the Huobi Global website and verify your email address.

Step 2. Set up 2-factor authentication (2FA) Once logged in, click on ‘Security’ in the top menu and then ‘Enable’ under Google Authenticator. This will bring up a QR code which you need to scan with the Google Authenticator app on your phone. Enter the code from the app into the Huobi Global website and click ‘Submit.’

Step 3. Deposit funds into your account Click on ‘Balances’ in the top menu and then ‘Deposit’. You will now see a list of all the cryptocurrencies you can deposit into your account. For this guide, we will be depositing Ethereum (ETH) so click on the ‘Deposit’ button next to it.

Step 4: Buy Yuan Chain Coin (YCC) – Click on ‘Exchange’ in the top menu and select the ‘Basic’ trading view. – Use the search box in the top right corner to find the YCC/ETH trading pair. – Click on it to open up the order book, charting tools, and buy/sell orders. – To buy Yuan Chain Coin (YCC), click on the ‘Buy YCC’ tab. – Enter the amount of ETH you want to spend or the amount of YCC you want to buy, and then click on the ‘Buy YCC’ button. – This will open up a new window asking you to confirm your trade. – Click on the ‘Confirm Buy’ button. – Your order will now be placed and appear in the ‘Open Orders’ section at the bottom of the screen.

Once your order has been filled, it will appear in the ‘Trade History section. You have successfully bought Yuan Chain Coin (YCC), and you can start trading the digital asset.

Should I buy Yuan Chain Coin?

We cannot provide investment advice, and we recommend you exercise extreme caution when dealing with cryptocurrencies. If you want to trade in Yuan Chain Coin (YCC), Huobi Global is a trustworthy cryptocurrency platform that supports $YCC coins.