A Step-by-Step-Guide on how to buy Bagcoin (BGC)
Step 1 – Join CEX.io You'll first need to purchase units of the bigger coins. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Click below for registration and receive your BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Transfer Your Bitcoin or Ethereum to an Crypto Trader Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. Bagcoin (BGC) is accessible on Binance, so we will use that as an example. Unsure on how to send Coinbase funds to an Exchange? (Follow these easy steps) Make sure you've selected the exact coin you want to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so forth. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be different (Just follow these easy steps).
Step 3 – Find Bagcoin (BGC) As soon as your deposit has been affirmed, you'll immediately have access to your finances and you can begin buying and trading. To purchase Bagcoin (BGC) on Binance, you'll want to go to the tab which is called “Exchange” and after that mouse click on “Basic”. To discover Bagcoin (BGC), you'll need to insert the cointype (BGC) into the search-box, which is highlighted in the graphic. Make sure you have selected the proper grouping, we've marked this too. Click on “BGC/BTC” to go ahead.
Step 4 – Purchasing Bagcoin (BGC) After you've located Bagcoin (BGC), you will be presented with a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). Next we are making our own Limit Order. The field with the “Price” tag will be automatically filled with the most recent rate Bagcoin (BGC) was traded for. You can change this to your favoured rate. The field with the “Amount” tag is the volumen of BGC you like to purchase. The ”Total” field is the whole price in BTC that you will pay for the complete amount of BGC. When you are glad, make a mouse click on “Buy BGC”. Your order will be filled as soon as a Vender sells their BGC for the price you introduced.
Step 5 – Withdraw Bagcoin (BGC) Unless you are regularly trading, never keep your coins on an Cryptocurrency Exchange for an extended period of time. To take off your Bagcoin (BGC), go to the ”Funds” tab and click on “Withdraw”. Bagcoin (BGC) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Bagcoin (BGC) by using the provided drop-down box. Put into the quantity of Bagcoin (BGC) you would like to take off. Don't forget the shown fees/minimums. Also make sure you have entered your correct withdraw address. If you are happy, click “Submit”. You may be asked for email/phone verification before a withdrawal.