A Step-by-Step-Guide on how to buy Bitcoin 2 (BTC2)
Step 1 – Join CEX.io You'll first need to buy one of the bigger coins. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Follow the Link below to register and getting your BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Transfer Your Funds to an Crypto Trader Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is identical. Bitcoin 2 (BTC2) is available 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 how-to) Make sure you have chosen the precise coin you would like to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etcetera. If you are working with a decentralized exchange, such as Airswap or DDEX could be different (Follow these easy steps).
Step 3 – Find Bitcoin 2 (BTC2) As soon as your deposit has been verified, you will directly have access to your finances and you can initiate invest and trading. To invest in Bitcoin 2 (BTC2) on Binance, you will want to hover over the ”Exchange” tab and then mouse click on “Basic”. To spot Bitcoin 2 (BTC2), you will need to put the shortname of the coin (BTC2) into the search-box, which is highlighted in the graphic. Be certain of having choosen the correct pairing, we've highlighted this also. Click on “BTC2/BTC” to go on.
Step 4 – Acquisition of Bitcoin 2 (BTC2) After you've discovered Bitcoin 2 (BTC2), you'll be presented with a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). Next we are making our own Limit Order. The ”Price” field will be filled with the most up-to-date rate Bitcoin 2 (BTC2) was sold for. This can be changed to your favoured rate. The field with the “Amount” tag is the volumen of BTC2 you like to purchase. The ”Total” field is the aggregated price in BTC that you will pay for the complete volumen of BTC2. When you're satisfied, make a mouse click on “Buy BTC2”. Your plan will be filled when a Seller sells their BTC2 for the price you introduced.
Step 5 – Withdraw Bitcoin 2 (BTC2) Unless you are trading, never keep your crypto on an Crypto Trader for an extensive time period. To withdraw your Bitcoin 2 (BTC2), go to the tab called “Funds” and click on “Withdraw”. Bitcoin 2 (BTC2) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Bitcoin 2 (BTC2) by using the given drop-down box. Drop in the quantity of Bitcoin 2 (BTC2) you would wish to withdraw. Don't forget the presented minimus/fees. Also make sure you have entered your right withdraw address. If you are satisfied, make a mouse click on “Submit”. You could be asked for verfication via email/phone before a take off.