A Step-by-Step-Guide on how to buy Bidao (BID)
Step 1 – Signup to Coinbase and get 10$ for free In the beginning you'll need to purchase units of the major coins. Exchanges usually accept either Ethereum or Bitcoin in exchange for Altcoins. Click below to register and receive your welcome 10 Dollar.
Step 2 – Transmit Your BTC (Bitcoin) or ETH (Ethereum) to an Exchange Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Exchange now. Every exchange has a deposit form that is alike. Bidao (BID) is available on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Exchange? (Follow this manual) Make sure you've chosen the correct coin you wish to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, et cetera. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be unlike (Follow these easy steps).
Step 3 – Locate (BID) Bidao Once your deposit has been confirmed, you'll now have access to your finances and you can initiate buying and trading. To purchase (BID) Bidao on Binance, you'll want to hover over the ”Exchange” tab and mouse click on “Basic”. To locate (BID) Bidao, you'll need to put the short name of the asset (BID) into the search-box, which is marked in the graphic. Make sure you have selected the right pairing, we have marked this too. Click on “BID/BTC” to go on.
Step 4 – Purchasing Bidao (BID) Once you've found Bidao (BID), you will be presented with a Price Chart (in the Center of the picture) and some Order Books (on the Left of the picture). And now we're making our Limit Order. The field with the “Price” tag will be filled automatically with the most up-to-date valuation Bidao (BID) was sold for. You can change this to your preferred rate. The ”Amount” field is the quantity of BID you wish to buy. The field with the “Total” tag is the whole price in Bitcoin that you will settle for the complete quantity of BID. If you're happy, click on “Buy BID”. Your order will be filled as soon as a Vender trades their BID for the price you offered.
Step 5 – Withdraw Bidao (BID) Unless you're regularly trading, you should never keepyour crypto on an Cryptocurrency Exchange for an extensive time period. To withdraw your Bidao (BID), go to the tab called “Funds” and mouse click on “Withdraw”. Bidao (BID) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Bidao (BID) by using the provided drop-down box. Enter the volumen of Bidao (BID) you would wish to withdraw. Take into account the shown minimus/fees. Also make sure you have entered your right withdraw address. When you're satisfied, make a mouse click on “Submit”. You could be requested for email/phone verification ahead of a take off.