A Step-by-Step-Guide on how to buy BYZBIT (BYT)
Step 1 – Join Coinbase and get 10$ for free You will first need to purchase one of the major coins. Exchanges usually accept either Ethereum or Bitcoin in exchange for alternative Coins. Click below to register and getting your first 10 Dollar.
Step 2 – Transfer Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Exchange Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is similar. BYZBIT (BYT) is available on Binance, so we're going to use that as an illustration. Unsure on how to send Coinbase funds to an Crypto Exchange? (Just follow this guide) Make sure you have selected the exact coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, et cetera. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow these easy steps).
Step 3 – Find (BYT) BYZBIT Once your deposit has been affirmed, you will immediately have access to your assets and you can begin purchasing and trading. To buy (BYT) BYZBIT on Binance, you will want to go to the ”Exchange” tab and after that click on “Basic”. In order to spot (BYT) BYZBIT, you will need to insert the short name of the asset (BYT) into the search-box, which is marked in the picture. Make sure you have selected the right grouping, we've marked this also. Click on “BYT/BTC” to go ahead.
Step 4 – Buy BYZBIT (BYT) After you have discovered BYZBIT (BYT), you will be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). For now we're making our own Limit Order. The ”Price” field will be automatically filled with the up-to-date tariff BYZBIT (BYT) was traded for. You can change this to your favoured price. The field with the “Amount” tag is the amount of BYT you like to buy. The ”Total” field is the total price in BTC that you will settle for the whole amount of BYT. If you're glad, click on “Buy BYT”. Your order will be filled when a Seller sells their BYT for the price you gave.
Step 5 – Withdraw (BYT) BYZBIT Unless you are frequently trading, you should never keepyour crypto coins on an Cryptocurrency Exchange for an extensive time period. In order to take off your (BYT) BYZBIT, go to the tab called “Funds” and mouse click on “Withdraw”. (BYT) BYZBIT can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find (BYT) BYZBIT by using the given drop-down box. Drop in the quantity of (BYT) BYZBIT you would wish to take off. Don't forget the demonstrated minimus/fees. Also make sure you have filled your correct withdraw address. If you are glad, click “Submit”. You could be asked for phone/email verification before a take off.