A Step-by-Step-Guide on how to buy Bancacy (BNY)
Step 1 – Signup to CEX.io You will first need to purchase one of the major currencies. Exchanges usually accept either Bitcoin or Ethereum in exchange for alternative Coins. Click the button below for registration and receive your Bitcoin or Ethereum.
Step 2 – Transfer Your Funds to an Crypto Exchange Your Ethereum or Bitcoin will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is alike. Bancacy (BNY) is accessible on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Crypto Exchange? (Just follow this how-to) Make sure you've selected the precise 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 using a decentralized exchange, like Airswap or DDEX could be different (Just follow these easy steps).
Step 3 – Locate Bancacy (BNY) As soon as your deposit has been confirmed, you'll directly have access to your finances and you can start invest and trading. To purchase Bancacy (BNY) on Binance, you'll want to hover over the tab which is called “Exchange” and then mouse click on “Basic”. To locate Bancacy (BNY), you'll need to put the cointype (BNY) into the search-box, which is marked in the graphic. Make sure you have selected the right grouping, we've marked this also. Click on “BNY/BTC” to continue.
Step 4 – Acquisition of Bancacy (BNY) Once you have spotted Bancacy (BNY), you will be given a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). And now we are going to make our Limit Order. The ”Price” field will be filled with the most up-to-date tariff Bancacy (BNY) was traded for. You can change this to your desired rate. The field with the “Amount” tag is the amount of BNY you wish to buy. The ”Total” field is the total price in BTC that you will settle for the whole amount of BNY. When you are glad, click on “Buy BNY”. Your plan will be filled when a Vendor trades their BNY for the price you offered.
Step 5 – Withdraw Bancacy (BNY) Unless you are frequently trading, never keep your crypto on an Crypto Trader for an extended time period. To withdraw your Bancacy (BNY), go to the tab called “Funds” and mouse click on “Withdraw”. Bancacy (BNY) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Bancacy (BNY) by using the provided drop-down box. Drop in the volumen of Bancacy (BNY) you'd wish to withdraw. Don't forget the demonstrated fees/minimums. Also make sure you have entered your right withdraw address. When you are satisfied, click on “Submit”. You could be asked for phone/email verification ahead of a take off.