A Step-by-Step-Guide on how to buy bZx Protocol (BZRX)
Step 1 – Signup to Coinbase and get 10$ for free In the beginning you'll need to purchase one of the bigger coins. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Follow the Link below to register and getting your first 10 Dollar.
Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Exchange Your Ethereum or Bitcoin will need to be sent over to an Exchange now. All exchanges have a deposit form that is similar. bZx Protocol (BZRX) is available 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 guide) Make sure you've selected the exact coin you wish to deposit. Bitcoin must be sent to a Bitcoin 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 opposed (Just follow our how-to).
Step 3 – Find bZx Protocol (BZRX) As soon as your deposit has been confirmed, you'll now have access to your finances and you can start purchasing and trading. To invest in bZx Protocol (BZRX) on Binance, you'll want to hover over the tab which is called “Exchange” and then mouse click on “Basic”. To find bZx Protocol (BZRX), you'll need to insert the short name of the asset (BZRX) into the search box, which is marked in the picture. Be certain of having choosen the right grouping, we have marked this also. Click on “BZRX/BTC” to go on.
Step 4 – Buying (BZRX) bZx Protocol After you have discovered (BZRX) bZx Protocol, you will be given a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). For now we are going to make our Limit Order. The field with the “Price” tag will be filled automatically with the most recent price (BZRX) bZx Protocol was traded for. You can change this to your desired price. The ”Amount” field is the volumen of BZRX you wish to purchase. The field with the “Total” tag is the whole price in Bitcoin that you'll pay for the whole volumen of BZRX. If you're satisfied, make a mouse click on “Buy BZRX”. Your plan will be filled when a Vendor sells their BZRX for the price you introduced.
Step 5 – Withdraw (BZRX) bZx Protocol Unless you are trading, never keep your coins on an Crypto Exchange for an extensive time frame. To withdraw your (BZRX) bZx Protocol, hover over the ”Funds” tab and mouse click on “Withdraw”. (BZRX) bZx Protocol can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find (BZRX) bZx Protocol by using the given drop-down box. Drop in the quantity of (BZRX) bZx Protocol you would like to withdraw. Don't forget the presented fees/minimums. Also make sure you have entered your correct withdraw address. When you are glad, make a mouse click on “Submit”. You may be asked for phone/email verification before a withdrawal.