A Step-by-Step-Guide on how to buy Bitcoin Classic (BXC)
Step 1 – Signup to CEX.io You will first need to buy one of the bigger coins. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click the button below for registration and receive your Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is similar. Bitcoin Classic (BXC) 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 Crypto Exchange? (Just follow these easy steps) Make sure you have selected the correct coin you want to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, et cetera. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our manual).
Step 3 – Locate Bitcoin Classic (BXC) As soon as your deposit has been affirmed, you'll instantly have access to your funds and you can begin invest and trading. To invest in Bitcoin Classic (BXC) on Binance, you'll want to go to the ”Exchange” tab and click on “Basic”. In order to find Bitcoin Classic (BXC), you'll need to insert the short name of the asset (BXC) into the search box, which is marked in the image. Be certain of having selected the right grouping, we have marked this too. Click on “BXC/BTC” to proceed.
Step 4 – Acquisition of Bitcoin Classic (BXC) Once you have discovered Bitcoin Classic (BXC), you'll be presented with a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). For now we are going to create our own Limit Order. The field with the “Price” tag will be automatically filled with the up-to-date tariff Bitcoin Classic (BXC) was traded for. You can change this to your desired price. The ”Amount” field is the volumen of BXC you want to purchase. The ”Total” field is the total price in Bitcoin that you'll pay for the whole volumen of BXC. If you are glad, make a mouse click on “Buy BXC”. Your plan will be filled when a Vendor sells their BXC for the price you offered.
Step 5 – Withdraw Bitcoin Classic (BXC) Unless you're frequently trading, never keep your coins on an Exchange for an extended time frame. To withdraw your Bitcoin Classic (BXC), go to the ”Funds” tab and click on “Withdraw”. Bitcoin Classic (BXC) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Bitcoin Classic (BXC) by using the provided drop-down box. Enter the quantity of Bitcoin Classic (BXC) you would wish to withdraw. Don't forget the shown fees/minimums. Also make sure you have filled your precise withdraw address. When you're glad, click on “Submit”. You could be asked for verfication via email/phone ahead of a withdrawal.