A Step-by-Step-Guide on how to buy BitSend (BSD)
Step 1 – Signup to CEX.io You'll first need to buy units of the top-tier currencies. Exchanges usually accept either Bitcoin or Ethereum in exchange for Altcoins. Click below for registration and receive your Bitcoin or Ethereum.
Step 2 – Send Your Funds to an Crypto Trader Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is alike. BitSend (BSD) is accessible on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Crypto Trader? (Follow this manual) Make sure you've selected the exact coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etc. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be different (Follow our guide).
Step 3 – Find BitSend (BSD) As soon as your deposit has been verified, you will immediately have access to your assets and you can commence purchasing and trading. To buy BitSend (BSD) on Binance, you will want to go to the tab which is called “Exchange” and after that mouse click on “Basic”. To spot BitSend (BSD), you will need to insert the short name of the asset (BSD) into the search-box, which is highlighted in the graphic. Be certain of having selected the proper grouping, we have highlighted this also. Click on “BSD/BTC” to progress.
Step 4 – Buying BitSend (BSD) After you've discovered BitSend (BSD), 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). And now we are creating our Limit Order. The ”Price” field will be automatically filled with the recent tariff BitSend (BSD) was traded for. You can change this to your preferred price. The ”Amount” field is the amount of BSD you wish to buy. The field with the “Total” tag is the total price in BTC that you'll pay for the complete amount of BSD. When you are happy, make a mouse click on “Buy BSD”. Your order will be filled as soon as a Seller sells their BSD for the price you introduced.
Step 5 – Withdraw BitSend (BSD) Unless you're trading, never keep your crypto coins on an Cryptocurrency Exchange for an extensive time frame. In order to take off your BitSend (BSD), hover over the tab called “Funds” and click on “Withdraw”. BitSend (BSD) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate BitSend (BSD) by using the provided drop-down box. Put into the volumen of BitSend (BSD) you would like to take off. Don't forget the displayed fees/minimums. Also make sure you have filled your precise withdraw address. When you're glad, click “Submit”. You could be asked for verfication via email/phone ahead of a take off.