A Step-by-Step-Guide on how to buy Bismuth (BIS)
Step 1 – Signup to CEX.io You'll first need to buy one of the top-tier currencies. Exchanges normally accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Click below to register and receive your Ethereum or Bitcoin.
Step 2 – Send Your Funds to an Crypto Trader Your Bitcoin or Ethereum will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. Bismuth (BIS) is available on Binance, so we're going to use that as an illustration. Not sure on how to send Coinbase funds to an Crypto Trader? (Follow this manual) Make sure you have selected the right coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etcetera. If you're working with a decentralized exchange, like Airswap or DDEX could be unlike (Follow our guide).
Step 3 – Locate Bismuth (BIS) As soon as your deposit has been approved, you will instantly have access to your assets and you can begin invest and trading. To purchase Bismuth (BIS) on Binance, you will want to hover over the tab which is called “Exchange” and then click on “Basic”. In order to locate Bismuth (BIS), you will need to insert the shortname of the coin (BIS) into the search box, which is marked in the picture. Make sure you have choosen the proper grouping, we've marked this too. Click on “BIS/BTC” to advance.
Step 4 – Purchasing Bismuth (BIS) As soon as you have found Bismuth (BIS), you will be presented with a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). For now we are making our own Limit Order. The ”Price” field will be filled with the up-to-date valuation Bismuth (BIS) was traded for. This can be changed to your preferred rate. The ”Amount” field is the amount of BIS you want to purchase. The field with the “Total” tag is the aggregated price in BTC that you will pay for the whole amount of BIS. If you are satisfied, make a mouse click on “Buy BIS”. Your order will be filled as soon as a Seller sells their BIS for the price you offered.
Step 5 – Withdraw Bismuth (BIS) Unless you're trading, best advise is not to keep crypto on an Crypto Exchange for an longer time period. To take off your Bismuth (BIS), go to the ”Funds” tab and mouse click on “Withdraw”. Bismuth (BIS) can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Bismuth (BIS) by using the given drop-down box. Drop in the volumen of Bismuth (BIS) you would wish to take off. Don't forget the presented fees/minimums. Also make sure you have entered your correct withdraw address. When you're satisfied, click on “Submit”. You may be asked for email/phone verification ahead of a withdrawal.