A Step-by-Step-Guide on how to buy Bitcoin BEP2 (BTCB)
Step 1 – Signup to Coinbase – Get Free $10 You will first need to buy units of the major currencies. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Follow the Link below for registration and to get your first $10.
Step 2 – Send Your Funds to an Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Exchange now. All exchanges have a deposit form that is alike. Bitcoin BEP2 (BTCB) is accessible on Binance, so we will use that as an sample. Unsure on how to send Coinbase funds to an Exchange? (Follow these easy steps) Make sure you've chosen the right coin you would like to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etcetera. In the case you are working with a decentralized exchange, like Airswap or DDEX could be different (Follow these easy steps).
Step 3 – Locate Bitcoin BEP2 (BTCB) As soon as your deposit has been approved, you will now have access to your assets and you can launch purchasing and trading. To buy Bitcoin BEP2 (BTCB) on Binance, you will want to go to the tab which is called “Exchange” and after that mouse click on “Basic”. In order to find Bitcoin BEP2 (BTCB), you will need to insert the short name of the asset (BTCB) into the search box, which is highlighted in the picture. Be certain of having selected the right pairing, we've highlighted this also. Click on “BTCB/BTC” to proceed.
Step 4 – Purchasing (BTCB) Bitcoin BEP2 After you have found (BTCB) Bitcoin BEP2, you will be given a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). And now we're creating our own Limit Order. The ”Price” field will be automatically filled with the most recent valuation (BTCB) Bitcoin BEP2 was traded for. This can be changed to your preferred rate. The field with the “Amount” tag is the amount of BTCB you wish to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you will pay for the whole amount of BTCB. When you are satisfied, click on “Buy BTCB”. Your order will be filled when a Seller trades their BTCB for the price you offered.
Step 5 – Withdraw Bitcoin BEP2 (BTCB) Unless you are trading, best advise is not to keep your crypto on an Cryptocurrency Exchange for an longer time frame. In order to withdraw your Bitcoin BEP2 (BTCB), go to the tab called “Funds” and click on “Withdraw”. Bitcoin BEP2 (BTCB) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Bitcoin BEP2 (BTCB) by using the given drop-down box. Enter the amount of Bitcoin BEP2 (BTCB) you'd like to withdraw. Don't forget the demonstrated fees/minimums. Also make sure you have entered your precise withdraw address. When you are happy, click “Submit”. You may be asked for phone/email verification before a take off.