A Step-by-Step-Guide on how to buy BitCoen (BEN)
Step 1 – Join CEX.io You will first need to purchase one of the major currencies. Exchanges commonly accept either Bitcoin or Ethereum in exchange for Altcoins. Click below to register and to get your Bitcoin or Ethereum.
Step 2 – Send Your Funds to an Crypto Trader Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. BitCoen (BEN) is available on Binance, so we're going to use that as an sample. Not sure on how to send funds from Coinbase to an Crypto Trader? (Just follow these easy steps) Make sure you have chosen the exact coin you would like to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, and so forth. In the case you are dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow these easy steps).
Step 3 – Find BitCoen (BEN) Once your deposit has been affirmed, you'll now have access to your assets and you can start invest and trading. To invest in BitCoen (BEN) on Binance, you'll want to go to the tab which is called “Exchange” and then click on “Basic”. In order to spot BitCoen (BEN), you will need to put the shortname of the coin (BEN) into the search-box, which is marked in the picture. Make sure you have choosen the right pairing, we have marked this also. Click on “BEN/BTC” to progress.
Step 4 – Buying BitCoen (BEN) After you've spotted BitCoen (BEN), you'll be given a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). Next we're making our own Limit Order. The field with the “Price” tag will be filled automatically with the most up-to-date rate BitCoen (BEN) was sold for. You can change this to your desired rate. The ”Amount” field is the volumen of BEN you like to buy. The ”Total” field is the whole price in Bitcoin that you'll settle for the complete amount of BEN. When you are happy, make a mouse click on “Buy BEN”. Your order will be filled as soon as a Vender sells their BEN for the price you submitted.
Step 5 – Withdraw BitCoen (BEN) Unless you are frequently trading, you should never keepyour crypto on an Cryptocurrency Exchange for an extended time period. In order to take off your BitCoen (BEN), hover over the tab called “Funds” and mouse click on “Withdraw”. BitCoen (BEN) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find BitCoen (BEN) by using the provided drop-down box. Drop in the quantity of BitCoen (BEN) you'd like to take off. Don't forget the shown minimus/fees. Also make sure you have entered your precise withdraw address. If you're happy, click on “Submit”. You may be requested for verfication via email/phone ahead of a withdrawal.