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How to Buy BitCoen (BEN)

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.

Binance Signup
Step 2 – Transfer Your Funds to an Cryptocurrency Exchange

Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is similar. BitCoen (BEN) is accessible on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this how-to)

Make sure you have chosen the precise coin you wish to deposit.

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etc. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow these easy steps).

Step 3 – Find BitCoen (BEN)

As soon as your deposit has been confirmed, you will instantly have access to your finances and you can launch buying and trading. To invest in BitCoen (BEN) on Binance, you will want to hover over the ”Exchange” tab and then click on “Basic”.

In order to find BitCoen (BEN), you will need to insert the short name of the asset (BEN) into the search box, which is marked in the graphic. Make sure you have selected the proper pairing, we've marked this too. Click on “BEN/BTC” to progress.

{How to buy Coin on Binance 1|Binance How To Buy 1} BitCoen (BEN)
Step 4 – Acquisition of BitCoen (BEN)

Once you've spotted BitCoen (BEN), you will be presented with a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). For now we are going to create our own Limit Order.

The ”Price” field will be filled automatically with the up-to-date rate BitCoen (BEN) was sold for. This can be changed to your desired price. The ”Amount” field is the volumen of BEN you want to buy. The field with the “Total” tag is the aggregated price in BTC that you will pay for the whole volumen of BEN.

When you're glad, make a mouse click on “Buy BEN”. Your order will be filled when a Vender trades their BEN for the price you offered.

Step 5 – Withdraw BitCoen (BEN)

Unless you are frequently trading, never keep your crypto on an Crypto Trader for an extended period of time. To take off your BitCoen (BEN), hover over the tab called “Funds” and click on “Withdraw”. BitCoen (BEN) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find BitCoen (BEN) by using the provided drop-down box. Put into the quantity of BitCoen (BEN) you would like to take off. Take into account the shown fees/minimums. Also make sure you have filled your right withdraw address.

When you are glad, click “Submit”. You may be requested for email/phone verification ahead of a withdrawal.

Congrats! You've successfully purchased and stored BitCoen (BEN).

That's it!

Take offs from Cryptocurrency Exchange can durate between 1 – 30 minutes (rely on usage of the network). Once you have confirmed your withdrawal with Ethplorer.io or Etherscan.io and the BitCoen (BEN) is stored in your wallet, you are done.

Some other Guides on How to buy different Altcoins

How to Buy OmotenashiCoin
How to Buy Shadow Token
How to Buy Altcoins