A Step-by-Step-Guide on how to buy BlockBurn (BURN)
Step 1 – Signup to CEX.io You will first need to buy units of the major coins. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Click the button below to register and getting your Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Transfer Your Ethereum or Bitcoin to an Cryptocurrency Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is similar. BlockBurn (BURN) is accessible on Binance, so we're going to use that as an illustration. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this guide) Make sure you have 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 are using a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our guide).
Step 3 – Locate BlockBurn (BURN) Once your deposit has been confirmed, you will directly have access to your assets and you can initiate purchasing and trading. To buy BlockBurn (BURN) on Binance, you will want to hover over the tab which is called “Exchange” and click on “Basic”. In order to locate BlockBurn (BURN), you will need to insert the short name of the asset (BURN) into the search box, which is marked in the image. Be certain of having choosen the correct grouping, we have marked this too. Click on “BURN/BTC” to go on.
Step 4 – Buy BlockBurn (BURN) As soon as you've discovered BlockBurn (BURN), you will be presented with a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). And now we are making our own Limit Order. The field with the “Price” tag will be filled with the most recent tariff BlockBurn (BURN) was traded for. You can change this to your desired rate. The ”Amount” field is the volumen of BURN you like to buy. The field with the “Total” tag is the whole price in BTC that you'll settle for the complete volumen of BURN. If you are happy, click on “Buy BURN”. Your plan will be filled as soon as a Seller sells their BURN for the price you submitted.
Step 5 – Withdraw BlockBurn (BURN) Unless you're regularly trading, best advise is not to keep crypto on an Exchange for an extended period of time. In order to withdraw your BlockBurn (BURN), hover over the tab called “Funds” and mouse click on “Withdraw”. BlockBurn (BURN) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find BlockBurn (BURN) by using the given drop-down box. Put into the volumen of BlockBurn (BURN) you would wish to withdraw. Don't forget the demonstrated fees/minimums. Also make sure you have entered your precise withdraw address. If you're glad, make a mouse click on “Submit”. You may be requested for email/phone verification ahead of a withdrawal.