A Step-by-Step-Guide on how to buy BITIFEX (BITX)
Step 1 – Join Coinbase and recieve 10$ for free You will first need to buy units of the bigger currencies. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Click the button below to register and to get your welcome 10$.
Step 2 – Send Your Funds to an Exchange Your Bitcoin or Ethereum will need to be sent over to an Exchange now. All exchanges have a deposit form that is identical. BITIFEX (BITX) is available on Binance, so we will use that as an illustration. Not sure on how to send Coinbase funds to an Exchange? (Follow this how-to) Make sure you have selected the exact coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so forth. If you're using a decentralized exchange, like Airswap or DDEX could be unlike (Follow our guide).
Step 3 – Find (BITX) BITIFEX Once your deposit has been verified, you will now have access to your assets and you can commence invest and trading. To purchase (BITX) BITIFEX on Binance, you will want to hover over the tab which is called “Exchange” and after that mouse click on “Basic”. In order to discover (BITX) BITIFEX, you will need to insert the shortname of the coin (BITX) into the search box, which is highlighted in the graphic. Make sure you have selected the correct pairing, we have highlighted this also. Click on “BITX/BTC” to proceed.
Step 4 – Purchasing BITIFEX (BITX) After you've located BITIFEX (BITX), you'll be presented with a Price Chart (in the Center of the picture) and some Order Books (on the Left of the picture). For now we are going to make our Limit Order. The field with the “Price” tag will be filled automatically with the up-to-date rate BITIFEX (BITX) was traded for. This can be changed to your preferred price. The ”Amount” field is the volumen of BITX you wish to buy. The field with the “Total” tag is the whole price in Bitcoin that you'll pay for the whole volumen of BITX. When you're glad, make a mouse click on “Buy BITX”. Your plan will be filled as soon as a Vendor trades their BITX for the price you offered.
Step 5 – Withdraw (BITX) BITIFEX Unless you are trading, best advise is not to keep crypto on an Crypto Exchange for an extended time period. To withdraw your (BITX) BITIFEX, hover over the ”Funds” tab and click on “Withdraw”. (BITX) BITIFEX can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate (BITX) BITIFEX by using the provided drop-down box. Enter the quantity of (BITX) BITIFEX you'd like to withdraw. Take into account the demonstrated minimus/fees. Also make sure you have entered your correct withdraw address. If you are happy, click on “Submit”. You could be asked for verfication via phone/email before a withdrawal.