A Step-by-Step-Guide on how to buy Bitstar (BITS)
Step 1 – Join Coinbase and recieve 10$ for free You will first need to purchase one of the major coins. Exchanges commonly accept either Ethereum or Bitcoin in exchange for alternative Coins. Click below to register and getting your first 10$.
Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is identical. Bitstar (BITS) is obtainable on Binance, so we're going to use that as an example. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Follow this how-to) Make sure you've selected the right coin you would like to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so on. In the case you're using a decentralized exchange, like Airswap or DDEX could be different (Follow our manual).
Step 3 – Find Bitstar (BITS) As soon as your deposit has been approved, you will immediately have access to your assets and you can begin invest and trading. To purchase Bitstar (BITS) on Binance, you will want to go to the tab which is called “Exchange” and then click on “Basic”. To discover Bitstar (BITS), you will need to insert the cointype (BITS) into the search box, which is marked in the picture. Be certain of having choosen the proper grouping, we have marked this too. Click on “BITS/BTC” to progress.
Step 4 – Buy (BITS) Bitstar After you've found (BITS) Bitstar, you'll be presented with a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). Next we are going to create our Limit Order. The ”Price” field will be automatically filled with the most latest price (BITS) Bitstar was sold for. You can change this to your desired rate. The field with the “Amount” tag is the volumen of BITS you like to purchase. The field with the “Total” tag is the whole price in Bitcoin that you will pay for the whole volumen of BITS. When you are glad, click on “Buy BITS”. Your order will be filled as soon as a Vendor sells their BITS for the price you offered.
Step 5 – Withdraw Bitstar (BITS) Unless you're trading, best advise is not to keep your crypto on an Cryptocurrency Exchange for an longer time frame. In order to take off your Bitstar (BITS), go to the tab called “Funds” and mouse click on “Withdraw”. Bitstar (BITS) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Bitstar (BITS) by using the given drop-down box. Enter the quantity of Bitstar (BITS) you would wish to take off. Don't forget the presented minimus/fees. Also make sure you have filled your precise withdraw address. If you're glad, click on “Submit”. You could be requested for phone/email verification before a take off.