A Step-by-Step-Guide on how to buy Bonpay (BON)
Step 1 – Join CEX.io You will first need to buy one of the bigger coins. Exchanges normally accept either Bitcoin or Ethereum in exchange for alternative Coins. Click the button below for registration and receive your Bitcoin or Ethereum.
Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is similar. Bonpay (BON) is accessible on Binance, so we will use that as an illustration. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this guide) Make sure you've selected the precise coin you want to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so forth. If you are using a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our how-to).
Step 3 – Find (BON) Bonpay Once your deposit has been confirmed, you will directly have access to your funds and you can initiate buying and trading. To invest in (BON) Bonpay on Binance, you will want to go to the ”Exchange” tab and click on “Basic”. To locate (BON) Bonpay, you will need to insert the short name of the asset (BON) into the search-box, which is marked in the image. Make sure you have selected the proper grouping, we've marked this also. Click on “BON/BTC” to go on.
Step 4 – Acquisition of Bonpay (BON) As soon as you've located Bonpay (BON), you will be presented with a Price Chart (in the Center of the image) and some Order Books (on the Left of the image). Next we're going to create our own Limit Order. The ”Price” field will be automatically filled with the most latest tariff Bonpay (BON) was sold for. You can change this to your favoured rate. The ”Amount” field is the amount of BON you like to purchase. The field with the “Total” tag is the total price in Bitcoin that you will pay for the whole amount of BON. When you're happy, make a mouse click on “Buy BON”. Your order will be filled as soon as a Seller sells their BON for the price you submitted.
Step 5 – Withdraw Bonpay (BON) Unless you're trading, you should never keepyour crypto on an Crypto Trader for an longer time period. To take off your Bonpay (BON), go to the tab called “Funds” and click on “Withdraw”. Bonpay (BON) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Bonpay (BON) by using the provided drop-down box. Drop in the amount of Bonpay (BON) you would wish to take off. Don't forget the presented minimus/fees. Also make sure you have entered your correct withdraw address. When you're glad, click “Submit”. You could be asked for email/phone verification ahead of a take off.