A Step-by-Step-Guide on how to buy BBSCoin (BBS)
Step 1 – Signup to CEX.io You'll first need to buy units of the bigger currencies. Exchanges usually accept either Ethereum or Bitcoin in exchange for alternative Coins. Click below for registration and to get your Ethereum or Bitcoin.
Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Exchange Your Ethereum or Bitcoin will need to be sent over to an Exchange now. All exchanges have a deposit form that is alike. BBSCoin (BBS) is accessible on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Exchange? (Just follow this how-to) Make sure you've chosen the right coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, et cetera. In the case you are using a decentralized exchange, like Airswap or DDEX could be different (Just follow these easy steps).
Step 3 – Locate BBSCoin (BBS) Once your deposit has been verified, you'll immediately have access to your funds and you can begin buying and trading. To purchase BBSCoin (BBS) on Binance, you'll want to go to the ”Exchange” tab and mouse click on “Basic”. In order to spot BBSCoin (BBS), you'll need to put the cointype (BBS) into the search box, which is marked in the picture. Make sure you have selected the correct pairing, we have marked this too. Click on “BBS/BTC” to continue.
Step 4 – Buy BBSCoin (BBS) Once you have located BBSCoin (BBS), you will be presented with a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). Next we're creating our own Limit Order. The field with the “Price” tag will be filled with the most latest valuation BBSCoin (BBS) was sold for. This can be changed to your preferred rate. The field with the “Amount” tag is the volumen of BBS you want to buy. The ”Total” field is the aggregated price in Bitcoin that you will settle for the complete volumen of BBS. If you are happy, click on “Buy BBS”. Your plan will be filled when a Vender trades their BBS for the price you gave.
Step 5 – Withdraw BBSCoin (BBS) Unless you are frequently trading, best advise is not to keep your crypto coins on an Crypto Exchange for an extended time period. In order to withdraw your BBSCoin (BBS), go to the ”Funds” tab and mouse click on “Withdraw”. BBSCoin (BBS) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate BBSCoin (BBS) by using the given drop-down box. Drop in the amount of BBSCoin (BBS) you would wish to withdraw. Don't forget the presented minimus/fees. Also make sure you have filled your right withdraw address. When you are happy, click on “Submit”. You may be asked for verfication via phone/email ahead of a take off.