How to buy NewYorkCoin NYC at YoBit exchange

"NYCoin (NYC) simply more usable at retail level, worldwide"

NYC is aprrox 20X faster to send/receive/confirm transactions than Bitcoin and 5x faster than Litecoin.
NO FEES basicly to transfer NYCoin via newyorkc network!

NYC is anonymous, decentralized and has a proven blockchain - churning out transactions every 30 seconds since 2014 with minimum support.

NEWYORKCOIN FEATURES

Worldwide

NYC offers its users a decentralized, anonymous and secure worldwide network easily accessible using a wide array of wallets on multiple operating systems.

20X faster than Bitcoin

20X faster than Bitcoin NYC is simply more usable than Bitcoin. NYC is 20X faster to send, receive & confirm transactions. And 5X faster than Litecoin.

Zero Network Fee

NYC is much cheaper to use than Bitcoin. Most transactions in the newyorkc network are free! (Exchanges and mining pools may include a fee for providing their service) NYC is anonymous, decentralized and has a proven blockchain.

Growing community

The development team is active and always in close contact with the community. You can easily contact them for support or new ideas about NYC on their social media channels

Retail Level

Near instant transactions with 30-second confirmations enable NYC to be used at the retail level worldwide for daily time-sensitive consumer purchases.

Current Use Cases

Businesses around the globe are currently accepting NewYorkCoin as a form of payment. Please view the Merchants section or NYCoin stores for an updated list or to get listed.

Source: https://nycoin.community/

Roadmap: https://nycoin.community/roadmap.html

How to buy NewYorkCoin - NYC

  1. Go to Yobit.net exchange and register as a new user

2. Click Registration and follow instructions (Login field is for a nickname for chat - you use your email to sign in

3. Go to your email and click the verification link sent to you from Yobit.

After registration Yobit will recommend you to enable 2-Factor Authentication using google authenticator app. Click on the recommendation to go directly to settings

4. Download & install the Google Authenticator app on your mobile phone and use it to scan the 2FA QR code on Yobit (Android and IOS)

Copy and store your Secret Key. You would need it in case you lose/brake your phone.

Input the 6-digit code from the Google Authenticator app to the 2FA form and click “Enable”.

You should now be using Google Authenticator every time you login.

5. Go to wallets and deposit coins or usd to desired currency wallet address to be able to trade for coins. Click on "+" to show the address and copy it and paste it in your send address on e.g coinbase/binance (Or use the scan QR code option if you use their mobile app).

NewYorkCoin can currently be traded on Yobit with Bitcoin, Ethereum, Usd ($ Dollar), DOGE, WAVES and RUR (Russian Rubles)

TIP:  Before you buy any Ethereum (ETH) from outside of YoBit to trade to NYC, see if you can first find an online ETH depostit wallet address at YoBit as it in some rear cases is not possible (jan 2018)

- If you are able to send ETH and know how to make a deposit, jump straight to step 6

If you can not deposit ETH directly to an ETH wallet at Yobit we recommend you to deposit Litecoins (LTC) . You can send them to an LTC Wallet address in your YoBit account and then sell them directly at YoBit for ETH (or Bitcoin, Doge, USD) ETH and save some fees. It is cheaper and faster to transfer LTC than BTC over to a new exchange,. You usualy get a much better deal with trading ETH, USD or Doge for NYC. (Keep reading for how to do this process)

If you don't have Litecoins you can purchase at Coinbase (Use this link to recieve 10$ in Bitcoins - invite link). If you don' have Coinbase and need some help to send LTC to YoBit you can click here and use this guide (How to buy Tron TRX) and go to part 2 -> step 6 to 11 to buy Litecoin LTC (not ETH as in the example) and to Send LTC from Coinbase to YoBit follow step 18 to 20 in that guide (Use LTC instead of ETH and YoBit instead of Binance)

You can copy and paste the deposit addess or scan the QR code if you are using an app (e.g Coinbase) to send your LTC to YoBit

When you recieve the LTC on YoBit you can then sell them for ETH Like this

  1. Choose ETH (Horizontal line) and LTC (Vertical)
  2. Click on balance to fill inn all your LTC (Or type in the amount you want manually)
  3. Check that you are ok with the total price minus fee
  4. Click "Sell" when you feel ok.

(NB! If the price changes to much before you click "Sell", the order might get stuck in a sell order "pending order" at the top of trade history on the right side, because no one will buy it before the price is back to that market price. You can then just cancel the order (Click "x" and fill inn a new one if you don't want to wait and see if the price might go back up.

-If you buy us dollar (usd) at e.g "Payeer" you click the "+ " on the deposit button next to USD and chose a provider to buy dollars from and follow their instructions. After purchase, the dollars will be sent to the wallet automaticly. 

The first time you purchase dollars (usd) you have to first register an account. E.g at Payeer.com and your visa/mastercard needs to be verified to prevent fraud, so be avare of a verification period of 1 to 24h first time you use the card and there is also a high visa fee for your purchase. After first time card verification you will be able to buy dollars to YoBit instantly next time with no delay. So if you do not want to wait for up to 24h do not choose the usd option.

Payeer have their own guide for registration and usd purchase when you enter their site.

6. Now you can finally start to trade NewYorkCoin NYC (..Or other coins of course) 

  1. Click "trade"
  2. Choose the available coin/currency to trade NYC with
  3. Select NYC from the list (You can also search for it in the search field just above)
  4. Choose the amount of NYC you would like. If you would like to trade your whole balance you simply click the available balance field. You can also insert a lower price if you would like to try your luck and then you will create an "buy order", and the order will go through if the price drops. (opposite when you sell)
  5. When you're happy with the price and amount you click the "Buy" button and Voila! You now have finished your purchase and hopefully you can now lean back and watch your investment go to the moon (..Hopefully) 😉   

You should now see your available coins in the balance section on the top left side or you can find them in "Wallets"

Wallet

It is strongly reccomended that you don't store your coins in the exchanges own wallets. To view all wallet options for NYCoin you can go to the official website and click the wallet tab.

A dedicated team of community developers are currently working hard to get an Electrum wallet up and running

Coinomi for Android click here to go directly to Coinomi at google play store

Some Awsome News!

End of january 2018 Coinomi listed NYC on their mobile wallet app which makes it very convenient and safe to store and transfer your coins.

The cool part is that you can also use NYC on coinomi to make payments directly in stores/resturants (that accepts NYC) . The unique with NYC compared with the other coins on the market is the instant transaction time, Only 30 seconds block confirmation! which makes it one of the fastest coins out there, so it's great for payments at retail level.

Coinomi is currently only on Android, but an app for IOS is in beta and an official IOS launch is expected to be just around the corner (Written feb 2018)

More Info

There is a technical roadmap which you can find here

https://nycoin.community/roadmap.html

For more info - visit the official NYC website here

Social Media - NYCoin

Twitter

Facebook

Reddit

Bitcointalk

Instagram

Youtube

Discord

Medium

Github