A Step-by-Step-Guide on how to buy BitCoen (BEN)
Step 1 – Join Coinbase and recieve 10$ for free In the beginning you'll need to buy one of the top-tier currencies. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Follow the Link below to register and to get your first 10$.
Step 2 – Transmit Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Trader Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is identical. BitCoen (BEN) is accessible on Binance, so we're going to use that as an example. Unsure on how to send Coinbase funds to an Crypto Trader? (Follow this guide) Make sure you have selected the exact coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so on. In the case you're working with a decentralized exchange, like Airswap or DDEX could be divergent (Follow our how-to).
Step 3 – Find BitCoen (BEN) Once your deposit has been approved, you will immediately have access to your funds and you can begin invest and trading. To invest in BitCoen (BEN) on Binance, you will want to hover over the tab which is called “Exchange” and click on “Basic”. In order to discover BitCoen (BEN), you will need to put the short name of the asset (BEN) into the search box, which is marked in the picture. Be certain of having choosen the proper grouping, we have marked this too. Click on “BEN/BTC” to go on.
Step 4 – Purchase (BEN) BitCoen After you've located (BEN) BitCoen, you'll be given a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). For now we are going to make our Limit Order. The field with the “Price” tag will be filled automatically with the most up-to-date tariff (BEN) BitCoen was sold for. This can be changed to your favoured price. The ”Amount” field is the volumen of BEN you like to purchase. The ”Total” field is the aggregated price in Bitcoin that you'll pay for the whole volumen of BEN. When you are satisfied, make a mouse click on “Buy BEN”. Your order will be filled when a Seller trades their BEN for the price you submitted.
Step 5 – Withdraw BitCoen (BEN) Unless you are frequently trading, you should never keepyour crypto coins on an Cryptocurrency Exchange for an extensive time period. To take off your BitCoen (BEN), go to the tab called “Funds” and click on “Withdraw”. BitCoen (BEN) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate BitCoen (BEN) by using the given drop-down box. Put into the quantity of BitCoen (BEN) you'd wish to take off. Take into account the presented minimus/fees. Also make sure you have filled your precise withdraw address. If you are glad, make a mouse click on “Submit”. You could be requested for verfication via email/phone ahead of a take off.