A Step-by-Step-Guide on how to buy Minter (BIP)
Step 1 – Join CEX.io You'll first need to purchase units of the top-tier coins. Exchanges normally accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Click below for registration and to get your Bitcoin or Ethereum.
Step 2 – Send Your BTC (Bitcoin) or ETH (Ethereum) to an Exchange Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Exchange now. Every exchange has a deposit form that is similar. Minter (BIP) is accessible on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Exchange? (Follow this manual) Make sure you have chosen the exact coin you wish to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, et cetera. If you're dealing with a decentralized exchange, like Airswap or DDEX could be different (Follow our how-to).
Step 3 – Locate Minter (BIP) Once your deposit has been affirmed, you'll immediately have access to your finances and you can begin buying and trading. To buy Minter (BIP) on Binance, you'll want to hover over the tab which is called “Exchange” and after that click on “Basic”. To locate Minter (BIP), you'll need to insert the cointype (BIP) into the search box, which is highlighted in the image. Make sure you have choosen the proper pairing, we have highlighted this too. Click on “BIP/BTC” to go ahead.
Step 4 – Buying Minter (BIP) As soon as you've located Minter (BIP), you'll be presented with a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). Next we're going to create our Limit Order. The field with the “Price” tag will be filled automatically with the latest tariff Minter (BIP) was traded for. This can be changed to your preferred rate. The field with the “Amount” tag is the amount of BIP you like to buy. The field with the “Total” tag is the whole price in Bitcoin that you will pay for the complete amount of BIP. If you are glad, make a mouse click on “Buy BIP”. Your plan will be filled when a Vendor sells their BIP for the price you introduced.
Step 5 – Withdraw Minter (BIP) Unless you are frequently trading, you should never keepyour coins on an Crypto Trader for an longer time frame. In order to take off your Minter (BIP), go to the tab called “Funds” and click on “Withdraw”. Minter (BIP) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Minter (BIP) by using the provided drop-down box. Put into the quantity of Minter (BIP) you'd like to take off. Don't forget the presented minimus/fees. Also make sure you have entered your correct withdraw address. If you are happy, make a mouse click on “Submit”. You could be asked for phone/email verification ahead of a withdrawal.