A Step-by-Step-Guide on how to buy BitCoen (BEN)
Step 1 – Signup to CEX.io You'll first need to purchase units of the major currencies. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Click below to register and getting your Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Transfer Your Bitcoin or Ethereum to an Exchange Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Exchange now. All exchanges have a deposit form that is alike. BitCoen (BEN) is available on Binance, so we're going to use that as an illustration. Unsure on how to send funds from Coinbase to an Exchange? (Just follow these easy steps) Make sure you have chosen the correct coin you would like to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etcetera. If you're using 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 verified, you will now have access to your assets and you can initiate purchasing and trading. To invest in BitCoen (BEN) on Binance, you will want to go to the tab which is called “Exchange” and then mouse click on “Basic”. In order to spot BitCoen (BEN), you will need to insert the cointype (BEN) into the search box, which is marked in the image. Be certain of having choosen the correct pairing, we've marked this too. Click on “BEN/BTC” to go ahead.
Step 4 – Acquisition of (BEN) BitCoen As soon as you've spotted (BEN) BitCoen, you will be given a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). And now we're going to make our own Limit Order. The field with the “Price” tag will be filled automatically with the latest price (BEN) BitCoen was sold for. This can be changed to your favoured price. The ”Amount” field is the quantity of BEN you want to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you'll pay for the whole quantity of BEN. If you are satisfied, click on “Buy BEN”. Your order will be filled when a Vendor sells their BEN for the price you introduced.
Step 5 – Withdraw (BEN) BitCoen Unless you are frequently trading, best advise is not to keep your crypto coins on an Exchange for an extensive period of time. In order to withdraw your (BEN) BitCoen, hover over the tab called “Funds” and click on “Withdraw”. (BEN) BitCoen can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find (BEN) BitCoen by using the provided drop-down box. Drop in the amount of (BEN) BitCoen you would like to withdraw. Don't forget the presented minimus/fees. Also make sure you have entered your right withdraw address. If you are satisfied, click “Submit”. You could be requested for email/phone verification before a take off.