A Step-by-Step-Guide on how to buy Bitcoin Classic (BXC)
Step 1 – Join CEX.io You will first need to purchase one of the bigger currencies. Exchanges commonly accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Follow the Link below for registration and to get your Bitcoin or Ethereum.
Step 2 – Transmit Your BTC (Bitcoin) or ETH (Ethereum) to an Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Exchange now. Every exchange has a deposit form that is similar. Bitcoin Classic (BXC) is available on Binance, so we will use that as an illustration. Not sure on how to send funds from Coinbase to an Exchange? (Follow these easy steps) Make sure you've selected the precise coin you would like to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, et cetera. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be different (Follow these easy steps).
Step 3 – Locate Bitcoin Classic (BXC) Once your deposit has been affirmed, you will now have access to your funds and you can begin purchasing and trading. To purchase Bitcoin Classic (BXC) on Binance, you will want to hover over the tab which is called “Exchange” and after that click on “Basic”. To locate Bitcoin Classic (BXC), you will need to put the shortname of the coin (BXC) into the search box, which is marked in the image. Make sure you have selected the proper pairing, we've marked this too. Click on “BXC/BTC” to continue.
Step 4 – Buy (BXC) Bitcoin Classic As soon as you've discovered (BXC) Bitcoin Classic, you'll be presented with a Price Chart (in the Center of the image) and some Order Books (on the Left of the image). Next we are making our Limit Order. The field with the “Price” tag will be filled with the recent tariff (BXC) Bitcoin Classic was sold for. You can change this to your favoured price. The field with the “Amount” tag is the volumen of BXC you wish to purchase. The field with the “Total” tag is the total price in BTC that you will pay for the whole volumen of BXC. When you're glad, make a mouse click on “Buy BXC”. Your order will be filled as soon as a Vender sells their BXC for the price you submitted.
Step 5 – Withdraw (BXC) Bitcoin Classic Unless you're frequently trading, you should never keepyour crypto on an Crypto Exchange for an extensive time frame. In order to take off your (BXC) Bitcoin Classic, go to the ”Funds” tab and click on “Withdraw”. (BXC) Bitcoin Classic can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate (BXC) Bitcoin Classic by using the provided drop-down box. Put into the amount of (BXC) Bitcoin Classic you would like to take off. Take into account the demonstrated fees/minimums. Also make sure you have filled your right withdraw address. When you're happy, click “Submit”. You may be requested for email/phone verification ahead of a take off.