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How to Buy Bagcoin (BGC)

A Step-by-Step-Guide on how to buy Bagcoin (BGC)

Step 1 – Signup to CEX.io

In the beginning you'll need to purchase units of the major currencies. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click below for registration and to get your Bitcoin (BTC) or Ethereum (ETH).

Binance Signup
Step 2 – Send Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Exchange

Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is alike. Bagcoin (BGC) is obtainable on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Crypto Exchange? (Just follow this how-to)

Make sure you've selected the right coin you want to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so on. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our how-to).

Step 3 – Find Bagcoin (BGC)

As soon as your deposit has been verified, you will now have access to your finances and you can initiate buying and trading. To purchase Bagcoin (BGC) on Binance, you will want to hover over the ”Exchange” tab and after that mouse click on “Basic”.

To discover Bagcoin (BGC), you will need to insert the short name of the asset (BGC) into the search-box, which is marked in the image. Be certain of having choosen the right pairing, we've marked this also. Click on “BGC/BTC” to go ahead.

{How to buy Coin on Binance 1|Binance How To Buy 1} Bagcoin (BGC)
Step 4 – Buy Bagcoin (BGC)

As soon as you've located Bagcoin (BGC), you'll be given a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). For now we are creating our own Limit Order.

The field with the “Price” tag will be filled with the most up-to-date tariff Bagcoin (BGC) was traded for. This can be changed to your favoured rate. The ”Amount” field is the amount of BGC you wish to purchase. The ”Total” field is the total price in BTC that you'll settle for the complete amount of BGC.

When you are happy, click on “Buy BGC”. Your plan will be filled as soon as a Vendor sells their BGC for the price you submitted.

Step 5 – Withdraw Bagcoin (BGC)

Unless you're regularly trading, best advise is not to keep crypto coins on an Exchange for an extensive time period. In order to take off your Bagcoin (BGC), hover over the ”Funds” tab and click on “Withdraw”. Bagcoin (BGC) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find Bagcoin (BGC) by using the given drop-down box. Put into the volumen of Bagcoin (BGC) you would like to take off. Take into account the demonstrated fees/minimums. Also make sure you have entered your precise withdraw address.

When you're satisfied, click on “Submit”. You could be requested for verfication via email/phone ahead of a withdrawal.

Congratulations! You've successfully purchased and stored Bagcoin (BGC).

That's it!

Withdrawals from Exchange can take between 1 – 30 minutes (rely on network usage). As soon as you've confirmed your take off using Ethplorer.io or Etherscan.io and the Bagcoin (BGC) is stored inside your wallet, you're done.

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