A Step-by-Step-Guide on how to buy Bitcoin Pay (BTP)
Step 1 – Join Coinbase and get 10$ for free You will first need to purchase units of the bigger coins. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Click the button below for registration and receive your first 10 Dollar.
Step 2 – Send Your Ethereum or Bitcoin to an Crypto 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 similar. Bitcoin Pay (BTP) is obtainable on Binance, so we're going to use that as an example. Unsure on how to send Coinbase funds to an Crypto Exchange? (Just follow these easy steps) Make sure you have selected the correct coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etcetera. If you're working with a decentralized exchange, such as Airswap or DDEX could be different (Just follow our manual).
Step 3 – Find (BTP) Bitcoin Pay Once your deposit has been verified, you'll now have access to your funds and you can begin purchasing and trading. To invest in (BTP) Bitcoin Pay on Binance, you'll want to go to the tab which is called “Exchange” and click on “Basic”. To discover (BTP) Bitcoin Pay, you'll need to insert the short name of the asset (BTP) into the search box, which is marked in the image. Be certain of having choosen the right grouping, we have marked this too. Click on “BTP/BTC” to proceed.
Step 4 – Acquisition of (BTP) Bitcoin Pay As soon as you've discovered (BTP) Bitcoin Pay, you'll be presented with a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the image). For now we are making our own Limit Order. The field with the “Price” tag will be automatically filled with the latest rate (BTP) Bitcoin Pay was sold for. You can change this to your preferred rate. The field with the “Amount” tag is the quantity of BTP you want to purchase. The ”Total” field is the whole price in Bitcoin that you will pay for the whole quantity of BTP. When you are glad, click on “Buy BTP”. Your plan will be filled as soon as a Vendor sells their BTP for the price you introduced.
Step 5 – Withdraw (BTP) Bitcoin Pay Unless you are regularly trading, best advise is not to keep crypto coins on an Crypto Trader for an longer time period. To take off your (BTP) Bitcoin Pay, go to the ”Funds” tab and click on “Withdraw”. (BTP) Bitcoin Pay can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate (BTP) Bitcoin Pay by using the provided drop-down box. Put into the quantity of (BTP) Bitcoin Pay you would wish to take off. Don't forget the demonstrated fees/minimums. Also make sure you have filled your correct withdraw address. When you are satisfied, click on “Submit”. You could be asked for email/phone verification before a take off.