A Step-by-Step-Guide on how to buy BitStation (BSTN)
Step 1 – Join CEX.io In the beginning you'll need to purchase one of the top-tier coins. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Click the button below for registration and to get your Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transmit Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Exchange Your Bitcoin or Ethereum will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is identical. BitStation (BSTN) is obtainable on Binance, so we're going to use that as an illustration. Unsure on how to send Coinbase funds to an Crypto Exchange? (Follow these easy steps) Make sure you've chosen the right coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so forth. In the case you're using a decentralized exchange, like Airswap or DDEX could be divergent (Follow our how-to).
Step 3 – Locate BitStation (BSTN) As soon as your deposit has been affirmed, you will directly have access to your funds and you can initiate buying and trading. To invest in BitStation (BSTN) on Binance, you will want to go to the tab which is called “Exchange” and then click on “Basic”. In order to spot BitStation (BSTN), you will need to insert the shortname of the coin (BSTN) into the search-box, which is highlighted in the image. Be certain of having selected the right grouping, we have highlighted this too. Click on “BSTN/BTC” to proceed.
Step 4 – Purchasing BitStation (BSTN) After you've discovered BitStation (BSTN), you will be presented with a Price Chart (in the Center of the image) and some Order Books (on the Left of the image). And now we're creating our Limit Order. The field with the “Price” tag will be filled automatically with the latest price BitStation (BSTN) was sold for. This can be changed to your favoured rate. The ”Amount” field is the quantity of BSTN you want to buy. The field with the “Total” tag is the whole price in BTC that you'll settle for the whole quantity of BSTN. When you are glad, make a mouse click on “Buy BSTN”. Your plan will be filled as soon as a Vendor trades their BSTN for the price you submitted.
Step 5 – Withdraw BitStation (BSTN) Unless you are regularly trading, best advise is not to keep your coins on an Exchange for an longer time frame. To take off your BitStation (BSTN), hover over the tab called “Funds” and mouse click on “Withdraw”. BitStation (BSTN) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find BitStation (BSTN) by using the provided drop-down box. Enter the quantity of BitStation (BSTN) you'd wish to take off. Take into account the displayed fees/minimums. Also make sure you have entered your precise withdraw address. If you are satisfied, click on “Submit”. You may be requested for phone/email verification ahead of a withdrawal.