A Step-by-Step-Guide on how to buy Bitcoin Private (BTCP)
Step 1 – Signup to CEX.io You will first need to buy units of the bigger coins. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Click the button below to register and to get your BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Transmit Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Exchange Your Ethereum or Bitcoin has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is identical. Bitcoin Private (BTCP) is obtainable on Binance, so we're going to use that as an illustration. Unsure on how to send Coinbase funds to an Crypto Exchange? (Just follow this manual) Make sure you have selected the correct coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so on. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be different (Just follow these easy steps).
Step 3 – Find (BTCP) Bitcoin Private Once your deposit has been verified, you'll now have access to your finances and you can initiate purchasing and trading. To purchase (BTCP) Bitcoin Private on Binance, you'll want to hover over the tab which is called “Exchange” and then click on “Basic”. In order to spot (BTCP) Bitcoin Private, you'll need to insert the cointype (BTCP) into the search box, which is marked in the image. Be certain of having selected the proper pairing, we've marked this also. Click on “BTCP/BTC” to go on.
Step 4 – Buy (BTCP) Bitcoin Private As soon as you've located (BTCP) Bitcoin Private, you will be given a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). And now we're going to make our Limit Order. The field with the “Price” tag will be automatically filled with the most latest rate (BTCP) Bitcoin Private was traded for. This can be changed to your desired price. The ”Amount” field is the amount of BTCP you like to purchase. The field with the “Total” tag is the total price in BTC that you'll pay for the whole amount of BTCP. When you are happy, make a mouse click on “Buy BTCP”. Your plan will be filled when a Seller trades their BTCP for the price you submitted.
Step 5 – Withdraw Bitcoin Private (BTCP) Unless you are regularly trading, you should never keepyour coins on an Exchange for an extensive time frame. To withdraw your Bitcoin Private (BTCP), go to the ”Funds” tab and mouse click on “Withdraw”. Bitcoin Private (BTCP) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Bitcoin Private (BTCP) by using the provided drop-down box. Drop in the quantity of Bitcoin Private (BTCP) you would like to withdraw. Take into account the displayed minimus/fees. Also make sure you have entered your right withdraw address. When you are satisfied, make a mouse click on “Submit”. You may be requested for verfication via phone/email before a take off.