A Step-by-Step-Guide on how to buy Bestay (BSY)
Step 1 – Signup to CEX.io You'll first need to purchase units of the bigger coins. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Click the button below for registration and receive your Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transfer Your Ethereum or Bitcoin to an Cryptocurrency Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. Bestay (BSY) is obtainable on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this guide) Make sure you have selected the right coin you want to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so forth. In the case you are working with a decentralized exchange, like Airswap or DDEX could be different (Follow our guide).
Step 3 – Find Bestay (BSY) Once your deposit has been confirmed, you'll directly have access to your funds and you can start buying and trading. To invest in Bestay (BSY) on Binance, you'll want to hover over the tab which is called “Exchange” and click on “Basic”. In order to spot Bestay (BSY), you'll need to insert the cointype (BSY) into the search box, which is highlighted in the graphic. Make sure you have choosen the proper grouping, we've highlighted this also. Click on “BSY/BTC” to go ahead.
Step 4 – Buying Bestay (BSY) Once you've found Bestay (BSY), you'll be presented with a Price Chart (in the Center of the image) and some Order Books (on the Left of the image). And now we're creating our own Limit Order. The field with the “Price” tag will be filled automatically with the most recent tariff Bestay (BSY) was traded for. You can change this to your preferred price. The ”Amount” field is the volumen of BSY you want to purchase. The field with the “Total” tag is the total price in Bitcoin that you will pay for the whole volumen of BSY. If you're satisfied, make a mouse click on “Buy BSY”. Your order will be filled when a Vendor sells their BSY for the price you gave.
Step 5 – Withdraw Bestay (BSY) Unless you are trading, never keep your coins on an Crypto Trader for an longer period of time. In order to take off your Bestay (BSY), go to the ”Funds” tab and mouse click on “Withdraw”. Bestay (BSY) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Bestay (BSY) by using the given drop-down box. Enter the volumen of Bestay (BSY) you would wish to take off. Don't forget the displayed minimus/fees. Also make sure you have entered your precise withdraw address. If you are satisfied, click on “Submit”. You may be requested for email/phone verification ahead of a take off.