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 Ethereum (ETH) or Bitcoin (BTC) to an Exchange Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Exchange now. All exchanges have a deposit form that is identical. Bitcoin Incognito (XBI) is accessible on Binance, so we will use that as an example. Unsure on how to send funds from Coinbase to an Exchange? (Just follow this manual) Make sure you've chosen the right coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etcetera. If you're using a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow these easy steps).
Step 3 – Locate Bitcoin Incognito (XBI) Once your deposit has been approved, you'll now have access to your funds and you can begin invest and trading. To purchase Bitcoin Incognito (XBI) on Binance, you'll want to go to the ”Exchange” tab and after that mouse click on “Basic”. To discover Bitcoin Incognito (XBI), you'll need to insert the cointype (XBI) into the search-box, which is marked in the picture. Make sure you have choosen the right grouping, we have marked this also. Click on “XBI/BTC” to proceed.
Step 4 – Buy Bitcoin Incognito (XBI) After you've found Bitcoin Incognito (XBI), you'll be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). For now we are going to make our own Limit Order. The field with the “Price” tag will be automatically filled with the most latest price Bitcoin Incognito (XBI) was traded for. This can be changed to your favoured price. The field with the “Amount” tag is the amount of XBI you want to buy. The field with the “Total” tag is the total price in BTC that you will settle for the complete amount of XBI. If you're happy, click on “Buy XBI”. Your order will be filled as soon as a Seller sells their XBI for the price you submitted.
Step 5 – Withdraw Bitcoin Incognito (XBI) Unless you are frequently trading, best advise is not to keep crypto coins on an Cryptocurrency Exchange for an extended time period. To take off your Bitcoin Incognito (XBI), hover over the ”Funds” tab and click on “Withdraw”. Bitcoin Incognito (XBI) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Bitcoin Incognito (XBI) by using the provided drop-down box. Enter the amount of Bitcoin Incognito (XBI) you'd wish to take off. Don't forget the displayed fees/minimums. Also make sure you have filled your right withdraw address. If you are glad, click “Submit”. You may be asked for email/phone verification ahead of a withdrawal.