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How to Buy Bitsum (BSM)

A Step-by-Step-Guide on how to buy Bitsum (BSM)

Step 1 – Signup to CEX.io

You will first need to buy units of the major currencies. Exchanges commonly accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Follow the Link below to register and to get your Bitcoin or Ethereum.

Binance Signup
Step 2 – Transmit Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Trader

Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. Bitsum (BSM) is obtainable on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Crypto Trader? (Just follow this how-to)

Make sure you have selected the precise coin you wish to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etc. In the case you are using a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our manual).

Step 3 – Find (BSM) Bitsum

Once your deposit has been affirmed, you'll directly have access to your funds and you can initiate purchasing and trading. To purchase (BSM) Bitsum on Binance, you'll want to hover over the ”Exchange” tab and after that click on “Basic”.

To discover (BSM) Bitsum, you'll need to put the short name of the asset (BSM) into the search box, which is marked in the graphic. Make sure you have choosen the proper pairing, we have marked this also. Click on “BSM/BTC” to continue.

{How to buy Coin on Binance 1|Binance How To Buy 1} Bitsum (BSM)
Step 4 – Purchasing Bitsum (BSM)

After you have found Bitsum (BSM), you will be presented with a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). Next we're going to make our own Limit Order.

The field with the “Price” tag will be filled with the up-to-date rate Bitsum (BSM) was sold for. This can be changed to your desired price. The ”Amount” field is the quantity of BSM you wish to purchase. The field with the “Total” tag is the whole price in BTC that you'll pay for the whole quantity of BSM.

When you're satisfied, click on “Buy BSM”. Your plan will be filled when a Seller trades their BSM for the price you introduced.

Step 5 – Withdraw Bitsum (BSM)

Unless you're frequently trading, never keep your crypto coins on an Crypto Trader for an extensive period of time. In order to take off your Bitsum (BSM), go to the tab called “Funds” and mouse click on “Withdraw”. Bitsum (BSM) can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Bitsum (BSM) by using the given drop-down box. Drop in the quantity of Bitsum (BSM) you would like to take off. Don't forget the shown fees/minimums. Also make sure you have filled your right withdraw address.

If you're satisfied, click “Submit”. You could be asked for verfication via phone/email before a take off.

Congratulations! You've successfully purchased and stored Bitsum (BSM).

That's it!

Take offs from Exchange can durate anywhere from 1 – 30 minutes (rely on network usage). Once you have confirmed your withdrawal with Ethplorer.io or Etherscan.io and the Bitsum (BSM) is safe within your wallet, you're finished.

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