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How to Buy Bancor Network Token (BNT)

A Step-by-Step-Guide on how to buy Bancor Network Token (BNT)

Step 1 – Join CEX.io

You will first need to purchase units of the top-tier coins. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click the button below to register and to get your Bitcoin (BTC) or Ethereum (ETH).

Binance Signup
Step 2 – Send Your Funds to an Crypto Trader

Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is alike. Bancor Network Token (BNT) is accessible on Binance, so we're going to use that as an illustration. Unsure on how to send funds from Coinbase to an Exchange? (Just follow these easy steps)

Make sure you've chosen the right coin you wish to deposit.

Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, and so on. In the case you're working with a decentralized exchange, like Airswap or DDEX could be unlike (Follow these easy steps).

Step 3 – Locate Bancor Network Token (BNT)

As soon as your deposit has been confirmed, you will directly have access to your funds and you can begin buying and trading. To purchase Bancor Network Token (BNT) on Binance, you'll want to go to the ”Exchange” tab and after that mouse click on “Basic”.

To discover Bancor Network Token (BNT), you'll need to put the shortname of the coin (BNT) into the search-box, which is highlighted in the graphic. Make sure you have selected the proper grouping, we have highlighted this also. Click on “BNT/BTC” to go ahead.

{How to buy Coin on Binance 1|Binance How To Buy 1} Bancor Network Token (BNT)
Step 4 – Purchasing Bancor Network Token (BNT)

After you've spotted Bancor Network Token (BNT), you will be presented with a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the picture). And now we're making our own Limit Order.

The field with the “Price” tag will be automatically filled with the most recent valuation Bancor Network Token (BNT) was sold for. This can be changed to your preferred rate. The ”Amount” field is the quantity of BNT you want to purchase. The field with the “Total” tag is the total price in BTC that you'll settle for the whole amount of BNT.

If you are satisfied, click on “Buy BNT”. Your order will be filled when a Vender sells their BNT for the price you introduced.

Step 5 – Withdraw Bancor Network Token (BNT)

Unless you're frequently trading, never keep your crypto coins on an Exchange for an extensive time period. In order to take off your Bancor Network Token (BNT), go to the tab called “Funds” and click on “Withdraw”. Bancor Network Token (BNT) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Bancor Network Token (BNT) by using the provided drop-down box. Put into the amount of Bancor Network Token (BNT) you'd like to take off. Don't forget the demonstrated fees/minimums. Also make sure you have entered your correct withdraw address.

If you are satisfied, make a mouse click on “Submit”. You could be asked for email/phone verification ahead of a take off.

Congrats! You've successfully purchased and stored Bancor Network Token (BNT).

That's it!

Withdrawals from Crypto Trader can take anywhere from 1 – 30 minutes (rely on usage of the network). As soon as you've confirmed your take off with Etherscan.io or Ethplorer.io and the Bancor Network Token (BNT) is stored inside your wallet, you are finished.

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