A Step-by-Step-Guide on how to buy Bitcloud (BTDX)
Step 1 – Signup to CEX.io You will first need to buy units of the bigger currencies. Exchanges commonly accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Click below to register and getting your Bitcoin or Ethereum.
Step 2 – Transfer Your Bitcoin or Ethereum to an Crypto Trader Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is identical. Bitcloud (BTDX) is available on Binance, so we will use that as an illustration. Not sure on how to send Coinbase funds to an Crypto Trader? (Follow this guide) Make sure you have selected the correct coin you would like to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etc. If you are working with a decentralized exchange, such as Airswap or DDEX could be different (Follow our guide).
Step 3 – Locate Bitcloud (BTDX) As soon as your deposit has been verified, you'll immediately have access to your assets and you can commence purchasing and trading. To buy Bitcloud (BTDX) on Binance, you'll want to hover over the tab which is called “Exchange” and then mouse click on “Basic”. In order to discover Bitcloud (BTDX), you'll need to put the cointype (BTDX) into the search box, which is marked in the image. Make sure you have selected the right pairing, we have marked this too. Click on “BTDX/BTC” to continue.
Step 4 – Purchase Bitcloud (BTDX) Once you have discovered Bitcloud (BTDX), you will be presented with a Price Chart (in the Center of the image) and some Order Books (on the Left of the image). For now we're creating our own Limit Order. The ”Price” field will be filled automatically with the most recent valuation Bitcloud (BTDX) was sold for. You can change this to your favoured rate. The ”Amount” field is the volumen of BTDX you want to purchase. The ”Total” field is the whole price in Bitcoin that you will settle for the whole volumen of BTDX. If you're happy, click on “Buy BTDX”. Your order will be filled as soon as a Seller trades their BTDX for the price you introduced.
Step 5 – Withdraw Bitcloud (BTDX) Unless you are trading, best advise is not to keep your crypto coins on an Crypto Trader for an extended time frame. To take off your Bitcloud (BTDX), hover over the tab called “Funds” and mouse click on “Withdraw”. Bitcloud (BTDX) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Bitcloud (BTDX) by using the given drop-down box. Put into the volumen of Bitcloud (BTDX) you would like to take off. Take into account the shown minimus/fees. Also make sure you have entered your precise withdraw address. When you are satisfied, click “Submit”. You may be asked for phone/email verification ahead of a take off.