A Step-by-Step-Guide on how to buy Bytecent (BYC)
Step 1 – Signup to CEX.io You will first need to purchase one of the bigger currencies. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Click below for registration and to get your ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Transfer Your Ethereum or Bitcoin to an Crypto Exchange Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is alike. Bytecent (BYC) is accessible on Binance, so we're going to use that as an sample. Not sure on how to send funds from Coinbase to an Exchange? (Just follow this how-to) 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're dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Follow our guide).
Step 3 – Find Bytecent (BYC) As soon as your deposit has been verified, you'll now have access to your finances and you can begin buying and trading. To purchase Bytecent (BYC) on Binance, you'll want to hover over the ”Exchange” tab and after that click on “Basic”. To find Bytecent (BYC), you'll need to insert the short name of the asset (BYC) into the search box, which is highlighted in the image. Be certain of having choosen the correct pairing, we have marked this too. Click on “BYC/BTC” to advance.
Step 4 – Purchasing Bytecent (BYC) After you've found Bytecent (BYC), you will be given a Price Chart (in the Center of the picture) and some Order Books (on the Left of the picture). And now we are creating our own Limit Order. The ”Price” field will be filled with the most recent rate Bytecent (BYC) was sold for. This can be changed to your favoured rate. The ”Amount” field is the volumen of BYC you like to buy. The ”Total” field is the aggregated price in Bitcoin that you will pay for the complete volumen of BYC. When you are glad, click on “Buy BYC”. Your order will be filled as soon as a Vendor trades their BYC for the price you introduced.
Step 5 – Withdraw Bytecent (BYC) Unless you're frequently trading, best advise is not to keep your crypto on an Cryptocurrency Exchange for an longer period of time. In order to take off your Bytecent (BYC), go to the tab called “Funds” and click on “Withdraw”. Bytecent (BYC) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Bytecent (BYC) by using the given drop-down box. Put into the quantity of Bytecent (BYC) you would like 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 asked for phone/email verification ahead of a take off.