A Step-by-Step-Guide on how to buy Beaxy (BXY)
Step 1 – Join Coinbase – Get Free $10 In the beginning you'll need to purchase one of the major currencies. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Follow the Link below for registration and receive your welcome $10.
Step 2 – Send Your Bitcoin (BTC) or Ethereum (ETH) to an Cryptocurrency Exchange Your Ethereum or Bitcoin will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. Beaxy (BXY) is available on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this how-to) Make sure you have chosen the exact coin you wish to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etc. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be divergent (Follow our manual).
Step 3 – Locate Beaxy (BXY) Once your deposit has been confirmed, you'll directly have access to your finances and you can initiate invest and trading. To buy Beaxy (BXY) on Binance, you'll want to go to the ”Exchange” tab and after that mouse click on “Basic”. In order to spot Beaxy (BXY), you'll need to insert the shortname of the coin (BXY) into the search box, which is highlighted in the picture. Make sure you have selected the right grouping, we've highlighted this also. Click on “BXY/BTC” to proceed.
Step 4 – Purchase Beaxy (BXY) After you've found Beaxy (BXY), you will be given a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). For now we are creating our own Limit Order. The field with the “Price” tag will be filled automatically with the most recent rate Beaxy (BXY) was traded for. You can change this to your preferred rate. The ”Amount” field is the volumen of BXY you want to buy. The field with the “Total” tag is the total price in BTC that you'll settle for the whole volumen of BXY. If you're glad, make a mouse click on “Buy BXY”. Your order will be filled as soon as a Vendor trades their BXY for the price you offered.
Step 5 – Withdraw (BXY) Beaxy Unless you're regularly trading, you should never keepyour crypto coins on an Exchange for an extended time period. In order to take off your (BXY) Beaxy, hover over the ”Funds” tab and mouse click on “Withdraw”. (BXY) Beaxy can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate (BXY) Beaxy by using the given drop-down box. Put into the volumen of (BXY) Beaxy you would wish to take off. Take into account the shown fees/minimums. Also make sure you have entered your precise withdraw address. If you're glad, click “Submit”. You could be asked for phone/email verification ahead of a take off.