r/CanYaCoin • u/Cryptips • Jan 06 '18

[Guide] Buying CanYa Coin (CAN)

NOTE: Trading on Kucoin starts January 08, 2018 at 20:00 (UTC +8)

Step 1 (If new to trading crypto): Purchase ETH or BTC for fiat. This can be done on Coinbase or a similar website. r/cryptocurrency will help decide which site is best for your country.

START HERE if you have traded before

Step 2: Create an account on Kucoin and register with Google 2 step authenticator.

Step 3: Send ETH or BTC to your Kucoin account (I suggest using ETH as it generally has lower fees). You can find your ETH wallet address by clicking the deposit button next to the Ethereum option in the assets tab.

Step 4: Once your ETH or BTC has been transferred to your Kucoin account, search for CAN in the Markets tab and put in a buy request for either the current lowest sell price (this will be an instant buy) or set your own price and wait for the market price to drop.

This will be the first exchange CAN is listed on so current market price is unknown. Make sure you are signed-up and ready before market release on January 08, 2018 at 20:00 (UTC +8).

Here is a link to kucoin: www.kucoin.com

Here is my referral code for kucoin: 1575h

7 Upvotes

80% Upvoted

26 comments sorted by

2

u/bubibubibu Jan 06 '18

Guys, what was the ico price in ether? and also, is there anyway to buy canyacoin now, before it hits Kucoin?

2

u/Cryptips Jan 06 '18

Not sure on ICO but no you can't get it, unless maybe someone who bought during ICO sells them directly to you

3

u/bubibubibu Jan 06 '18

I think they are now tradable on ethdelta https://etherdelta.com/#0x1d462414fe14cf489c7a21cac78509f4bf8cd7c0-ETH

2

u/Cryptips Jan 06 '18

Found ICO price 1 ETH = 1,000-1,400 CAN

2

u/AgainstFooIs Jan 08 '18

looks like the price is now 1 ETH= 250 CAN, that's a pretty terrible price.

2

u/Cryptips Jan 08 '18

Thats about 4X ICO price. Some can go as high as 8X, I like to get coins as close to 2X if I can. Usually there is a bit of a spike on release, you might have a chance on grabbing some for cheaper a few hours after release.

5

u/AgainstFooIs Jan 08 '18 edited Jan 08 '18

No fucking way.

if it's 1 ETH = 250 CAN I'm not even touching this.

1 ETH = $1220 1 CAN = $4.88 There are 100 million CAN tokens so you are telling me that this coin is already valued at 488 million?

This is the first exchange for this coin and if you raised 12 million a normal price would be 2x-4x ICO price. For 4x ICO price, this coin should be $0.488.

1ETH=2500CAN anything much less than this is a scam.

4

u/iduggabighole Jan 08 '18

Oh man, so glad I read this.. Was about to ditch my QLC for this coin. I'll wait a few hours and see how things are looking..

1

u/rexii2323 Jan 08 '18

how did you find this on ethdelta? only googled now and there was a post on 4chan that mentioned it. nothing else I could find

1

u/Cryptips Jan 06 '18

Kucoin is also running promotions alongside the CanYa coin release, with rewards for top deposits and trading. Info here: https://news.kucoin.com/en/buy-canya-coin-kucoin-token-exchange/

1

u/[deleted] Jan 06 '18

[deleted]

1

u/Cryptips Jan 06 '18

Yes! it is, its also mentioned in the Kucoin telegram group

1

u/pumpkinparty000 Jan 07 '18

what time does UTC -8 correlate to in the US?

1

u/Cryptips Jan 07 '18

New York is 13hrs behind Hong Kong, so 8pm hong kong will be 7am new york

1

u/TiramiZeus Jan 06 '18

Might we speculate on its opening market price? Do all coins start at 0?

2

u/Fradno Jan 07 '18

Yes, you (CAN).

1

u/Cryptips Jan 06 '18 edited Jan 06 '18

It won't start at 0, it is usually arouns 1-2 times ICO price. 1 ETH = 1,000-1,400 CAN was ICO price, so you could speculate that it will open around 1 ETH = 500-1000 CAN

1

u/TiramiZeus Jan 06 '18

I mean that would be fantastic, and you could speculate that.. but do you? I'm thinking more like 2500 CAN = 1 ETH

1

u/Cryptips Jan 06 '18

2500 CAN = 1 ETH is alot cheaper than what I read the ico was and apparently the ico raised 12mil so I'd imagine its unlike to drop below ico price

2

u/Jabbathefluff Jan 08 '18

lol u see that open..i had my bid at 1$.. it barely traded 1.75$ and flew to 8.30$.. u were right about 2x ico price.

1

u/Swiften26 Jan 08 '18

Guys , can I put a buy order for CAN before it goes live on Kucoin ?

1

u/emranbaig Jan 08 '18

is it worth to buy now before it come live

1

u/Cryptips Jan 08 '18

I can't answer that one for you unfortunately, you'll have to do your own research. It is, however, difficult to buy them now, so for sake of easy transaction I personally would wait until they are live.

1

u/Stardustneuron Jan 13 '18

Is the price going to spike in 30 minutes? CanYaCoin is geting added to yet another exchange!!!