A Step-by-Step-Guide on how to buy Bitcoin Confidential (BC)
Step 1 – Signup to CEX.io You will first need to buy units of the bigger coins. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Follow the Link below to register and receive your ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Send Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Trader Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is identical. Bitcoin Confidential (BC) is available on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Crypto Trader? (Just follow this how-to) Make sure you've selected the correct coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, et cetera. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow these easy steps).
Step 3 – Locate (BC) Bitcoin Confidential As soon as your deposit has been confirmed, you'll immediately have access to your funds and you can begin invest and trading. To buy (BC) Bitcoin Confidential on Binance, you'll want to go to the tab which is called “Exchange” and then click on “Basic”. In order to find (BC) Bitcoin Confidential, you'll need to put the shortname of the coin (BC) into the search-box, which is highlighted in the picture. Be certain of having choosen the proper pairing, we have highlighted this also. Click on “BC/BTC” to go ahead.
Step 4 – Buying Bitcoin Confidential (BC) After you have discovered Bitcoin Confidential (BC), you'll be given a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). For now we're making our Limit Order. The ”Price” field will be filled with the latest valuation Bitcoin Confidential (BC) was traded for. You can change this to your preferred rate. The ”Amount” field is the volumen of BC you like to purchase. The ”Total” field is the total price in BTC that you'll pay for the whole volumen of BC. When you're happy, make a mouse click on “Buy BC”. Your order will be filled when a Vender sells their BC for the price you offered.
Step 5 – Withdraw (BC) Bitcoin Confidential Unless you're trading, you should never keepyour crypto coins on an Crypto Exchange for an longer period of time. To withdraw your (BC) Bitcoin Confidential, go to the ”Funds” tab and mouse click on “Withdraw”. (BC) Bitcoin Confidential can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate (BC) Bitcoin Confidential by using the provided drop-down box. Drop in the amount of (BC) Bitcoin Confidential you would wish to withdraw. Take into account the shown minimus/fees. Also make sure you have filled your correct withdraw address. When you're satisfied, click on “Submit”. You could be asked for verfication via phone/email before a withdrawal.