A Step-by-Step-Guide on how to buy BABB (BAX)
Step 1 – Signup to CEX.io You will first need to purchase units of the top-tier coins. Exchanges commonly accept either Ethereum or Bitcoin in exchange for alternative Coins. Click the button below to register and getting your Ethereum or Bitcoin.
Step 2 – Transmit Your ETH (Ethereum) or BTC (Bitcoin) to an Cryptocurrency Exchange Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is alike. BABB (BAX) is accessible on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this guide) Make sure you have chosen the exact coin you wish to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, et cetera. In the case you are working with a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our guide).
Step 3 – Find BABB (BAX) Once your deposit has been verified, you'll instantly have access to your funds and you can launch buying and trading. To purchase BABB (BAX) on Binance, you will want to hover over the ”Exchange” tab and after that mouse click on “Basic”. To spot BABB (BAX), you'll need to insert the shortname of the coin (BAX) into the search-box, which is marked in the graphic. Make sure you have selected the proper pairing, we've highlighted this also. Click on “BAX/BTC” to continue.
Step 4 – Purchasing BABB (BAX) After you have found BABB (BAX), you'll be presented with a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the image). Next we are going to make our own Limit Order. The ”Price” field will be filled automatically with the most recent price BABB (BAX) was traded for. This can be changed to your favoured rate. The field with the “Amount” tag is the volumen of BAX you want to buy. The field with the “Total” tag is the whole price in Bitcoin that you will settle for the whole amount of BAX. If you're glad, click on “Buy BAX”. Your plan will be filled as soon as a Vender trades their BAX for the price you submitted.
Step 5 – Withdraw BABB (BAX) Unless you are regularly trading, best advise is not to keep crypto on an Crypto Exchange for an extensive time frame. In order to withdraw your BABB (BAX), hover over the ”Funds” tab and mouse click on “Withdraw”. BABB (BAX) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find BABB (BAX) by using the provided drop-down box. Enter the amount of BABB (BAX) you'd wish to take off. Take into account the demonstrated minimus/fees. Also make sure you have filled your precise withdraw address. If you're happy, click “Submit”. You could be requested for email/phone verification ahead of a withdrawal.