A Step-by-Step-Guide on how to buy Bitalgo (ALG)
Step 1 – Join Coinbase and get 10$ for free You'll first need to purchase units of the bigger coins. Exchanges commonly accept either Ethereum or Bitcoin in exchange for Altcoins. Click the button below for registration and to get your first 10$.
Step 2 – Transfer Your Funds to an Cryptocurrency Exchange Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is similar. Bitalgo (ALG) is available on Binance, so we're going to use that as an illustration. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this manual) Make sure you have chosen 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 are working with a decentralized exchange, like Airswap or DDEX could be different (Follow our guide).
Step 3 – Find Bitalgo (ALG) Once your deposit has been approved, you will immediately have access to your assets and you can initiate invest and trading. To buy Bitalgo (ALG) on Binance, you will want to hover over the ”Exchange” tab and after that click on “Basic”. In order to discover Bitalgo (ALG), you will need to put the shortname of the coin (ALG) into the search box, which is highlighted in the graphic. Be certain of having selected the correct pairing, we have highlighted this also. Click on “ALG/BTC” to proceed.
Step 4 – Purchasing (ALG) Bitalgo After you have discovered (ALG) Bitalgo, you'll be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the picture). Next we're making our Limit Order. The ”Price” field will be automatically filled with the up-to-date valuation (ALG) Bitalgo was traded for. You can change this to your desired rate. The ”Amount” field is the amount of ALG you like to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you'll pay for the whole amount of ALG. If you're glad, click on “Buy ALG”. Your plan will be filled when a Vendor sells their ALG for the price you gave.
Step 5 – Withdraw Bitalgo (ALG) Unless you're trading, never keep your crypto coins on an Crypto Exchange for an extended time frame. In order to take off your Bitalgo (ALG), go to the tab called “Funds” and click on “Withdraw”. Bitalgo (ALG) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Bitalgo (ALG) by using the provided drop-down box. Enter the quantity of Bitalgo (ALG) you'd wish to take off. Don't forget the displayed fees/minimums. Also make sure you have filled your correct withdraw address. When you're satisfied, make a mouse click on “Submit”. You could be requested for verfication via phone/email before a withdrawal.