A Step-by-Step-Guide on how to buy Birake (BIR)
Step 1 – Signup to CEX.io You will first need to buy one of the top-tier coins. Exchanges normally accept either Bitcoin or Ethereum in exchange for Altcoins. Click below for registration and receive your Bitcoin or Ethereum.
Step 2 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Exchange now. All exchanges have a deposit form that is alike. Birake (BIR) is available on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Exchange? (Follow these easy steps) Make sure you've selected the exact coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so on. If you are using a decentralized exchange, like Airswap or DDEX could be divergent (Follow our guide).
Step 3 – Locate Birake (BIR) Once your deposit has been approved, you'll now have access to your funds and you can initiate purchasing and trading. To invest in Birake (BIR) on Binance, you'll want to go to the ”Exchange” tab and after that mouse click on “Basic”. In order to discover Birake (BIR), you'll need to insert the shortname of the coin (BIR) into the search-box, which is highlighted in the image. Make sure you have choosen the correct grouping, we have highlighted this too. Click on “BIR/BTC” to advance.
Step 4 – Purchasing Birake (BIR) Once you've found Birake (BIR), you'll be presented with a Price Chart (in the Center of the picture) and some Order Books (on the Left of the picture). Next we are going to create our Limit Order. The ”Price” field will be automatically filled with the most recent valuation Birake (BIR) was sold for. This can be changed to your desired rate. The field with the “Amount” tag is the volumen of BIR you want to buy. The field with the “Total” tag is the whole price in BTC that you'll pay for the complete volumen of BIR. If you are satisfied, make a mouse click on “Buy BIR”. Your plan will be filled when a Vender trades their BIR for the price you gave.
Step 5 – Withdraw Birake (BIR) Unless you're frequently trading, never keep your coins on an Crypto Exchange for an extensive time period. In order to withdraw your Birake (BIR), go to the tab called “Funds” and mouse click on “Withdraw”. Birake (BIR) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Birake (BIR) by using the given drop-down box. Enter the volumen of Birake (BIR) you would like to withdraw. Don't forget the shown minimus/fees. Also make sure you have entered your correct withdraw address. If you're happy, make a mouse click on “Submit”. You may be asked for phone/email verification before a withdrawal.