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 – Transmit Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Trader Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. Bagcoin (BGC) is obtainable on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Crypto Trader? (Follow this how-to) Make sure you have selected the correct coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so forth. If you're working with a decentralized exchange, such as Airswap or DDEX could be different (Follow our how-to).
Step 3 – Find Bagcoin (BGC) As soon as your deposit has been affirmed, you'll immediately have access to your funds and you can begin invest and trading. To purchase Bagcoin (BGC) on Binance, you'll want to go to the ”Exchange” tab and after that click on “Basic”. To discover Bagcoin (BGC), you'll need to put the cointype (BGC) into the search-box, which is highlighted in the image. Make sure you have choosen the proper pairing, we've highlighted this also. Click on “BGC/BTC” to progress.
Step 4 – Buy Bagcoin (BGC) After you've located Bagcoin (BGC), you will be presented with a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). And now we're going to create our Limit Order. The ”Price” field will be automatically filled with the most recent rate Bagcoin (BGC) was traded for. You can change this to your desired rate. The field with the “Amount” tag is the volumen of BGC you wish to purchase. The field with the “Total” tag is the total price in Bitcoin that you'll pay for the complete volumen of BGC. When you are glad, click on “Buy BGC”. Your plan will be filled as soon as a Vendor sells their BGC for the price you introduced.
Step 5 – Withdraw Bagcoin (BGC) Unless you're regularly trading, you should never keepyour coins on an Cryptocurrency Exchange for an longer time period. In order to withdraw your Bagcoin (BGC), go to the tab called “Funds” and mouse click on “Withdraw”. Bagcoin (BGC) can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Bagcoin (BGC) by using the provided drop-down box. Drop in the amount of Bagcoin (BGC) you would like to withdraw. Take into account the demonstrated minimus/fees. Also make sure you have filled your correct withdraw address. When you're glad, make a mouse click on “Submit”. You could be asked for phone/email verification ahead of a withdrawal.