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 BTC (Bitcoin) or ETH (Ethereum) to an Cryptocurrency Exchange Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is alike. Bitcoin Classic (BXC) is available on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Crypto Trader? (Just follow these easy steps) Make sure you've chosen the precise coin you would like to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, et cetera. If you are using a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our guide).
Step 3 – Find Bitcoin Classic (BXC) Once your deposit has been verified, you'll directly have access to your finances and you can start purchasing and trading. To purchase Bitcoin Classic (BXC) on Binance, you'll want to go to the ”Exchange” tab and after that mouse click on “Basic”. To spot Bitcoin Classic (BXC), you'll need to insert the short name of the asset (BXC) into the search box, which is highlighted in the image. Make sure you have choosen the right pairing, we've highlighted this too. Click on “BXC/BTC” to continue.
Step 4 – Buy Bitcoin Classic (BXC) As soon as you have discovered Bitcoin Classic (BXC), you will be given a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). For now we are going to create our own Limit Order. The ”Price” field will be filled automatically with the most recent price Bitcoin Classic (BXC) was traded for. This can be changed to your desired price. The ”Amount” field is the volumen of BXC you want to buy. The ”Total” field is the aggregated price in BTC that you will settle for the whole amount of BXC. When you're glad, click on “Buy BXC”. Your order will be filled when a Vendor trades their BXC for the price you submitted.
Step 5 – Withdraw Bitcoin Classic (BXC) Unless you're frequently trading, best advise is not to keep your crypto coins on an Cryptocurrency Exchange for an extended time frame. In order to withdraw your Bitcoin Classic (BXC), hover over the ”Funds” tab and click on “Withdraw”. Bitcoin Classic (BXC) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Bitcoin Classic (BXC) by using the provided drop-down box. Drop in the volumen of Bitcoin Classic (BXC) you'd like to take off. Take into account the shown minimus/fees. Also make sure you have filled your correct withdraw address. If you're happy, click on “Submit”. You could be requested for verfication via email/phone before a take off.