A Step-by-Step-Guide on how to buy Bitstar (BITS)
Step 1 – Signup to CEX.io You'll first need to purchase one of the top-tier coins. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Click the button below to register and to get your BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Send Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Trader Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. Bitstar (BITS) is available on Binance, so we will use that as an illustration. Not sure on how to send funds from Coinbase to an Crypto Trader? (Follow this guide) Make sure you've selected the correct coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etcetera. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be different (Follow our guide).
Step 3 – Locate (BITS) Bitstar As soon as your deposit has been affirmed, you'll instantly have access to your assets and you can initiate buying and trading. To invest in (BITS) Bitstar on Binance, you'll want to hover over the tab which is called “Exchange” and after that click on “Basic”. To find (BITS) Bitstar, you'll need to put the shortname of the coin (BITS) into the search box, which is highlighted in the picture. Be certain of having choosen the right grouping, we've highlighted this too. Click on “BITS/BTC” to go ahead.
Step 4 – Purchase Bitstar (BITS) Once you have discovered Bitstar (BITS), you'll be presented with a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). Next we're creating our own Limit Order. The field with the “Price” tag will be filled automatically with the up-to-date tariff Bitstar (BITS) was traded for. This can be changed to your favoured price. The ”Amount” field is the quantity of BITS you wish to purchase. The ”Total” field is the total price in Bitcoin that you will settle for the whole quantity of BITS. When you are glad, click on “Buy BITS”. Your order will be filled when a Seller trades their BITS for the price you gave.
Step 5 – Withdraw Bitstar (BITS) Unless you are trading, best advise is not to keep your crypto coins on an Crypto Exchange for an extended time period. To take off your Bitstar (BITS), go to the tab called “Funds” and click on “Withdraw”. Bitstar (BITS) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Bitstar (BITS) by using the given drop-down box. Enter the amount of Bitstar (BITS) you would like to take off. Don't forget the demonstrated minimus/fees. Also make sure you have entered your precise withdraw address. If you are satisfied, click “Submit”. You could be requested for verfication via email/phone before a withdrawal.