A Step-by-Step-Guide on how to buy Bitcoin Incognito (XBI)
Step 1 – Join CEX.io You'll first need to buy one of the bigger coins. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Follow the Link below to register and getting your BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Transfer Your Bitcoin or Ethereum to an Crypto 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 Incognito (XBI) is obtainable on Binance, so we will use that as an sample. Not sure on how to send funds from Coinbase to an Exchange? (Just follow this guide) Make sure you've chosen the correct coin you wish to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etcetera. In the case you are using a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our guide).
Step 3 – Find Bitcoin Incognito (XBI) As soon as your deposit has been confirmed, you'll instantly have access to your funds and you can begin purchasing and trading. To buy Bitcoin Incognito (XBI) on Binance, you will want to hover over the ”Exchange” tab and then click on “Basic”. In order to find Bitcoin Incognito (XBI), you will need to insert the shortname of the coin (XBI) into the search-box, which is marked in the image. Make sure you have choosen the right grouping, we've marked this also. Click on “XBI/BTC” to advance.
Step 4 – Buying Bitcoin Incognito (XBI) After you've spotted Bitcoin Incognito (XBI), you will be given a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the picture). Next we are going to create our own Limit Order. The ”Price” field will be filled with the most latest rate Bitcoin Incognito (XBI) was traded for. You can change this to your preferred price. The ”Amount” field is the quantity of XBI you want to buy. The field with the “Total” tag is the whole price in BTC that you'll settle for the complete volumen of XBI. If you're happy, make a mouse click on “Buy XBI”. Your plan will be filled as soon as a Vendor trades their XBI for the price you offered.
Step 5 – Withdraw Bitcoin Incognito (XBI) Unless you're regularly trading, never keep your crypto on an Crypto Exchange for an extensive time frame. In order to withdraw your Bitcoin Incognito (XBI), go to the ”Funds” tab and click on “Withdraw”. Bitcoin Incognito (XBI) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Bitcoin Incognito (XBI) by using the provided drop-down box. Put into the amount of Bitcoin Incognito (XBI) you'd wish to withdraw. Don't forget the shown minimus/fees. Also make sure you have entered your correct withdraw address. When you are satisfied, click “Submit”. You may be asked for verfication via phone/email before a take off.