A Step-by-Step-Guide on how to buy BitTokens (BXT)
Step 1 – Join Coinbase – Get Free $10 In the beginning you'll need to buy units of the top-tier currencies. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Click below for registration and receive your welcome $10.
Step 2 – Transmit 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. BitTokens (BXT) is obtainable on Binance, so we're going to use that as an sample. Unsure on how to send Coinbase funds to an Crypto Exchange? (Just follow this how-to) Make sure you have selected the exact coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so on. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be different (Just follow our how-to).
Step 3 – Find BitTokens (BXT) As soon as your deposit has been verified, you'll directly have access to your finances and you can initiate invest and trading. To buy BitTokens (BXT) on Binance, you'll want to go to the tab which is called “Exchange” and then mouse click on “Basic”. To discover BitTokens (BXT), you'll need to insert the shortname of the coin (BXT) into the search box, which is marked in the graphic. Be certain of having choosen the right pairing, we have marked this too. Click on “BXT/BTC” to continue.
Step 4 – Purchasing BitTokens (BXT) Once you've located BitTokens (BXT), you'll be presented with a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the image). And now we're going to make our Limit Order. The ”Price” field will be filled with the up-to-date tariff BitTokens (BXT) was traded for. You can change this to your preferred rate. The field with the “Amount” tag is the amount of BXT you wish to buy. The field with the “Total” tag is the whole price in Bitcoin that you will pay for the complete amount of BXT. When you're happy, click on “Buy BXT”. Your plan will be filled when a Seller trades their BXT for the price you introduced.
Step 5 – Withdraw BitTokens (BXT) Unless you are frequently trading, best advise is not to keep coins on an Exchange for an extended time frame. In order to take off your BitTokens (BXT), go to the ”Funds” tab and mouse click on “Withdraw”. BitTokens (BXT) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find BitTokens (BXT) by using the provided drop-down box. Enter the amount of BitTokens (BXT) you'd like to take off. Take into account the shown minimus/fees. Also make sure you have entered your right withdraw address. If you are glad, click “Submit”. You may be requested for verfication via phone/email ahead of a take off.