![]() ![]() ![]() The keys are printed in the form of QR codes which you can scan in the future for all your transactions. Paper wallet: It is simply formed by using a program to randomly generate a public and private key offline and you can print them on a piece of paper, which you then store and save in a secure place.So the safest way of storing your coins or tokens is always putting them into "Cold Wallets", it is the wallet that is totally offline. What's more, the exchanges shut down may cause the loss of your fund. Although keeping them in most of the top exchanges' wallets nowadays is safer than before, with the development of security techniques, however, because of the very nature of the wallets in exchanges, they will be always online( so-called "hot wallet"), it is possible of being a hack. If you want to keep and hold Sylo for the long term and do not plan to sell them, security may be the first thing you should consider. As for the tax issue, you may consult the local department for more information. Note: Some CEX may not available in your country or area, you'd better consult the exchange's customer service or check the announcement from exchanges. Step 5: Buy Sylo in spot market by USDT, ETH, or BNB.If the CEX that you're using both supports purchasing USDT, ETH, or BNB via fiat, and Sylo-USDT, Sylo-ETH, or Sylo-BNB, etc, trading pair, then you can trade in the same platform and don't need to transfer to another platform that supports Sylo. purchased by fiat to the CEX that supports Sylo trading in spot market. Step 4: Transferring your USDT, ETH or BNB, etc.You can use the service provided by the CEX which supports OTC trading or use the financial service platform(Paypal, or Robinhood, available for US residents) that supports funding via either your bank account or credit card. Step 3: Use fiat to buy USDT, ETH, or BNB. ![]() For asset security, you'd better Enable Two-step Verification. You are typically required to have a government-issued identification document. Step 2: Verify your identity & secure your centralized exchanges(CEX)'s account.Binance) one-step sign up with your social account, you can sign up with your social account directly. ( Check Exchange Ranking), if CEX supports (eg. Step 1: Register an account on the centralized exchanges(CEX)'s official website or the app.Since the operation procedures vary from different CEX, we can't provide you a step-by-step guide on how to buy in all the different centralized exchanges(CEX), but we can provide you with some general procedures. ![]()
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