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How to Buy Bytecoin (BCN)

A Step-by-Step-Guide on how to buy Bytecoin (BCN)

Step 1 – Join CEX.io

You'll first need to buy units of the bigger currencies. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Follow the Link below for registration and receive your ETH (Ethereum) or BTC (Bitcoin).

Binance Signup
Step 2 – {Transfer} Your {Funds} to an {Exchange}

Your {Bitcoin (BTC) or Ethereum (ETH)} {has} to be sent over to an {Crypto Exchange} now. {All exchanges have} a deposit form that is {alike}. Bytecoin (BCN) is {accessible} on Binance, so {we will} use that as an {sample}. {Not sure} on how to send {funds from Coinbase} to an {Exchange}? ({Just follow} {this manual})

Make sure {you have} {chosen} the {correct} coin you {wish} to deposit.

{BTC} must be sent to a {Bitcoin} deposit address, {Ethereum} to an {ETH} deposit address, {et cetera}. {If} {you're} {working with} a decentralized exchange, {such as} Airswap or DDEX could be {divergent} ({Just follow} {our guide}).

Step 3 – {Find} Bytecoin (BCN)

{Once} your deposit has been {confirmed}, {you will} {instantly} have access to your {assets} and you can {start} {purchasing} and trading. To {buy} Bytecoin (BCN) on Binance, {you'll} want to {hover over} the {”Exchange” tab} and{ then} {click} on “Basic”.

{In order to} {discover} Bytecoin (BCN), {you'll} need to {insert} the {shortname of the coin} (BCN) into the {search box}, which is {marked} in the {image}. {Make sure you have} {selected} the {right} {grouping}, {we've} {highlighted} this {too}. Click on “BCN/BTC” to {advance}.

{How to buy Coin on Binance 1|Binance How To Buy 1} Bytecoin (BCN)
Step 4 – {Buying} Bytecoin (BCN)

{As soon as} {you have} {spotted} Bytecoin (BCN), {you'll} be {presented with} a {Price Chart} (in the Center of the {picture}) and {a few} Order Books ({Leftside} of the {image}). {Next} {we're} {making} our{} Limit Order.

The {field with the “Price” tag} will be {automatically filled} with the{} {recent} {tariff} Bytecoin (BCN) was {sold} for. {This can be changed} to your {favoured} {rate}. The {field with the “Amount” tag} is the {volumen} of BCN you {wish} to {buy}. The {field with the “Total” tag} is the {aggregated} price in {Bitcoin} that {you will} {pay} for the {whole} {quantity} of BCN.

{If} {you're} {happy}, {click} on “Buy BCN”. Your {order} will be filled {when} a {Vendor} {trades} their BCN for the price you {submitted}.

Step 5 – Withdraw Bytecoin (BCN)

Unless {you're}{ frequently} trading, {you should never keepyour} {coins} on an {Exchange} for an {extended} {period of time}. {In order to} {take off} your Bytecoin (BCN), {go to} the {”Funds” tab} and {click} on “Withdraw”. Bytecoin (BCN) can be {safely stored} using a Wallet, {e.g.} MyEtherWallet. (MyEtherWallet Setup Guide)

{Locate} Bytecoin (BCN) by using the {given} drop-down box. {Enter} the {quantity} of Bytecoin (BCN) {you would} {wish} to {take off}. {Take into account} the {shown} {fees/minimums}. Also make sure you have {entered} your {right} withdraw address.

{When} {you are} {happy}, {click on} “Submit”. You {could} be {asked} for {email/phone verification} {ahead of} a {withdrawal}.

{Congrats}! {You've} successfully {purchased} and {safed} Bytecoin (BCN).

That's it!

{Withdrawals} from {Crypto Exchange} can {take} {anywhere from} 1 – 30 minutes ({rely} on {network usage}). {Once} {you've} {proved} your {take off} {using} {Ethplorer.io or Etherscan.io} and the Bytecoin (BCN) is {stored} {inside} your wallet, {you are} {finished}.

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