A Step-by-Step-Guide on how to buy BitcoinX (BCX)
Step 1 – Join CEX.io You will first need to purchase units of the top-tier currencies. Exchanges normally accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Click below to register and receive your Ethereum or Bitcoin.
Step 2 – Send Your Ethereum (ETH) or Bitcoin (BTC) to an Exchange Your Bitcoin or Ethereum has to be sent over to an Exchange now. All exchanges have a deposit form that is identical. BitcoinX (BCX) is available on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Exchange? (Just follow these easy steps) Make sure you've chosen the exact coin you want to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, et cetera. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our guide).
Step 3 – Locate BitcoinX (BCX) Once your deposit has been confirmed, you'll directly have access to your finances and you can begin invest and trading. To purchase BitcoinX (BCX) on Binance, you'll want to hover over the tab which is called “Exchange” and after that click on “Basic”. To locate BitcoinX (BCX), you'll need to insert the cointype (BCX) into the search box, which is marked in the image. Make sure you have choosen the proper pairing, we've marked this also. Click on “BCX/BTC” to go ahead.
Step 4 – Buy BitcoinX (BCX) After you've found BitcoinX (BCX), 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 going to create our own Limit Order. The ”Price” field will be filled automatically with the recent tariff BitcoinX (BCX) was sold for. You can change this to your favoured rate. The ”Amount” field is the volumen of BCX you want to buy. The ”Total” field is the whole price in BTC that you'll settle for the whole volumen of BCX. If you're happy, make a mouse click on “Buy BCX”. Your order will be filled when a Vender sells their BCX for the price you offered.
Step 5 – Withdraw BitcoinX (BCX) Unless you're frequently trading, you should never keepyour crypto coins on an Crypto Exchange for an extended period of time. To take off your BitcoinX (BCX), go to the ”Funds” tab and click on “Withdraw”. BitcoinX (BCX) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find BitcoinX (BCX) by using the provided drop-down box. Put into the quantity of BitcoinX (BCX) you would like to take off. Take into account the shown fees/minimums. Also make sure you have filled your correct withdraw address. When you're glad, make a mouse click on “Submit”. You could be requested for email/phone verification before a take off.