A Step-by-Step-Guide on how to buy BitSend (BSD)
Step 1 – Join Coinbase and get 10$ for free You'll first need to purchase one of the major currencies. Exchanges commonly accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Follow the Link below for registration and getting your first $10.
Step 2 – Transmit Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Exchange Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is alike. BitSend (BSD) is available on Binance, so we will use that as an example. Unsure on how to send Coinbase funds to an Crypto Exchange? (Follow this how-to) Make sure you have chosen the right coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etc. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be different (Follow our manual).
Step 3 – Find BitSend (BSD) Once your deposit has been approved, you'll directly have access to your assets and you can initiate invest and trading. To purchase BitSend (BSD) on Binance, you'll want to hover over the ”Exchange” tab and then mouse click on “Basic”. In order to locate BitSend (BSD), you'll need to insert the shortname of the coin (BSD) into the search-box, which is highlighted in the graphic. Make sure you have choosen the right grouping, we've highlighted this too. Click on “BSD/BTC” to go on.
Step 4 – Buy (BSD) BitSend As soon as you have located (BSD) BitSend, you will be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the picture). And now we're making our own Limit Order. The field with the “Price” tag will be filled with the recent rate (BSD) BitSend was traded for. This can be changed to your desired price. The ”Amount” field is the quantity of BSD you like to buy. The field with the “Total” tag is the total price in BTC that you'll settle for the whole quantity of BSD. When you're glad, click on “Buy BSD”. Your plan will be filled when a Vender sells their BSD for the price you gave.
Step 5 – Withdraw (BSD) BitSend Unless you are regularly trading, best advise is not to keep your crypto coins on an Crypto Trader for an extended time frame. In order to take off your (BSD) BitSend, hover over the ”Funds” tab and mouse click on “Withdraw”. (BSD) BitSend can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate (BSD) BitSend by using the provided drop-down box. Put into the amount of (BSD) BitSend you would like to take off. Don't forget the demonstrated minimus/fees. Also make sure you have filled your correct withdraw address. When you are glad, click “Submit”. You may be asked for verfication via phone/email ahead of a withdrawal.