A Step-by-Step-Guide on how to buy Bonpay (BON)
Step 1 – Signup to CEX.io In the beginning you'll need to purchase one of the top-tier currencies. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click below to register and to get your Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transfer Your Ethereum or Bitcoin to an Exchange Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Exchange now. All exchanges have a deposit form that is alike. Bonpay (BON) is obtainable on Binance, so we will use that as an sample. Unsure on how to send Coinbase funds to an Exchange? (Just follow this how-to) Make sure you have chosen the correct coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etcetera. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be different (Just follow our guide).
Step 3 – Locate Bonpay (BON) As soon as your deposit has been confirmed, you'll instantly have access to your funds and you can start invest and trading. To buy Bonpay (BON) on Binance, you'll want to hover over the ”Exchange” tab and mouse click on “Basic”. To locate Bonpay (BON), you'll need to insert the short name of the asset (BON) into the search-box, which is highlighted in the image. Be certain of having selected the right pairing, we've highlighted this also. Click on “BON/BTC” to go ahead.
Step 4 – Purchasing Bonpay (BON) As soon as you've discovered Bonpay (BON), you'll be given a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the image). And now we are making our Limit Order. The field with the “Price” tag will be filled with the most recent tariff Bonpay (BON) was sold for. You can change this to your favoured price. The field with the “Amount” tag is the amount of BON you wish to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you will settle for the complete amount of BON. When you're happy, make a mouse click on “Buy BON”. Your order will be filled when a Vender trades their BON for the price you offered.
Step 5 – Withdraw Bonpay (BON) Unless you are regularly trading, best advise is not to keep your crypto on an Cryptocurrency Exchange for an extensive time period. In order to take off your Bonpay (BON), hover over the ”Funds” tab and mouse click on “Withdraw”. Bonpay (BON) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Bonpay (BON) by using the given drop-down box. Drop in the quantity of Bonpay (BON) you'd like to take off. Don't forget the demonstrated fees/minimums. Also make sure you have filled your right withdraw address. If you are glad, make a mouse click on “Submit”. You may be requested for verfication via email/phone before a take off.