A Step-by-Step-Guide on how to buy BUMO (BU)
Step 1 – Join Coinbase and recieve 10$ for free You'll first need to purchase one of the bigger currencies. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Click below to register and getting your first 10$.
Step 2 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Cryptocurrency Exchange Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. BUMO (BU) is available on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow these easy steps) Make sure you have selected the exact coin you wish to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, et cetera. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our manual).
Step 3 – Locate BUMO (BU) As soon as your deposit has been affirmed, you'll directly have access to your funds and you can begin purchasing and trading. To purchase BUMO (BU) on Binance, you'll want to go to the tab which is called “Exchange” and then click on “Basic”. To find BUMO (BU), you'll need to put the cointype (BU) into the search-box, which is marked in the picture. Be certain of having selected the proper pairing, we have marked this also. Click on “BU/BTC” to go ahead.
Step 4 – Purchasing (BU) BUMO As soon as you've discovered (BU) BUMO, you will be presented with a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). And now we're creating our Limit Order. The field with the “Price” tag will be filled with the latest valuation (BU) BUMO was traded for. You can change this to your desired rate. The field with the “Amount” tag is the volumen of BU you want to buy. The field with the “Total” tag is the total price in Bitcoin that you'll settle for the whole volumen of BU. If you are happy, make a mouse click on “Buy BU”. Your order will be filled as soon as a Vender trades their BU for the price you introduced.
Step 5 – Withdraw BUMO (BU) Unless you're regularly trading, best advise is not to keep crypto coins on an Cryptocurrency Exchange for an extensive period of time. In order to take off your BUMO (BU), hover over the tab called “Funds” and click on “Withdraw”. BUMO (BU) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find BUMO (BU) by using the given drop-down box. Put into the amount of BUMO (BU) you would like to take off. Don't forget the displayed fees/minimums. Also make sure you have filled your precise withdraw address. When you're glad, click on “Submit”. You may be requested for verfication via email/phone before a take off.