A Step-by-Step-Guide on how to buy Bitcoin Private (BTCP)
Step 1 – Join CEX.io You will first need to purchase one of the major coins. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Click below to register and receive your BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Send Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Exchange Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is alike. Bitcoin Private (BTCP) is obtainable on Binance, so we will use that as an sample. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Follow this guide) Make sure you've selected the correct coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, et cetera. If you're working with a decentralized exchange, like Airswap or DDEX could be opposed (Follow these easy steps).
Step 3 – Locate Bitcoin Private (BTCP) Once your deposit has been confirmed, you'll directly have access to your assets and you can commence purchasing and trading. To purchase Bitcoin Private (BTCP) on Binance, you'll want to hover over the ”Exchange” tab and mouse click on “Basic”. In order to find Bitcoin Private (BTCP), you'll need to put the short name of the asset (BTCP) into the search-box, which is highlighted in the graphic. Be certain of having selected the right grouping, we have highlighted this too. Click on “BTCP/BTC” to continue.
Step 4 – Buying Bitcoin Private (BTCP) After you've found Bitcoin Private (BTCP), you'll be given a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). And now we are creating our own Limit Order. The ”Price” field will be automatically filled with the most recent tariff Bitcoin Private (BTCP) was sold for. This can be changed to your preferred price. The field with the “Amount” tag is the quantity of BTCP you want to buy. The field with the “Total” tag is the aggregated price in BTC that you'll pay for the complete quantity of BTCP. If you are happy, click on “Buy BTCP”. Your plan will be filled as soon as a Seller sells their BTCP for the price you submitted.
Step 5 – Withdraw Bitcoin Private (BTCP) Unless you're regularly trading, best advise is not to keep your crypto on an Cryptocurrency Exchange for an extensive time period. In order to take off your Bitcoin Private (BTCP), hover over the tab called “Funds” and click on “Withdraw”. Bitcoin Private (BTCP) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Bitcoin Private (BTCP) by using the provided drop-down box. Put into the quantity of Bitcoin Private (BTCP) you'd wish to take off. Don't forget the demonstrated minimus/fees. Also make sure you have entered your precise withdraw address. When you're glad, make a mouse click on “Submit”. You may be requested for email/phone verification before a take off.