A Step-by-Step-Guide on how to buy bZx Protocol (BZRX)
Step 1 – Join CEX.io You'll first need to purchase units of the top-tier currencies. Exchanges normally accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Click below for registration and receive your Bitcoin or Ethereum.
Step 2 – Transmit Your BTC (Bitcoin) or ETH (Ethereum) to an Cryptocurrency Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is alike. bZx Protocol (BZRX) is accessible on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this how-to) Make sure you've chosen the exact coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, et cetera. If you're using a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our manual).
Step 3 – Locate bZx Protocol (BZRX) Once your deposit has been approved, you will now have access to your assets and you can launch buying and trading. To buy bZx Protocol (BZRX) on Binance, you will want to go to the ”Exchange” tab and then click on “Basic”. To spot bZx Protocol (BZRX), you will need to insert the short name of the asset (BZRX) into the search box, which is marked in the picture. Make sure you have selected the right pairing, we've marked this too. Click on “BZRX/BTC” to go on.
Step 4 – Purchasing bZx Protocol (BZRX) After you have spotted bZx Protocol (BZRX), you'll 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're going to make our own Limit Order. The field with the “Price” tag will be filled automatically with the most recent tariff bZx Protocol (BZRX) was sold for. This can be changed to your preferred rate. The field with the “Amount” tag is the quantity of BZRX you like to buy. The ”Total” field is the aggregated price in BTC that you will settle for the complete quantity of BZRX. When you're happy, make a mouse click on “Buy BZRX”. Your order will be filled as soon as a Vendor sells their BZRX for the price you gave.
Step 5 – Withdraw bZx Protocol (BZRX) Unless you're frequently trading, best advise is not to keep coins on an Cryptocurrency Exchange for an longer period of time. In order to withdraw your bZx Protocol (BZRX), hover over the ”Funds” tab and mouse click on “Withdraw”. bZx Protocol (BZRX) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate bZx Protocol (BZRX) by using the given drop-down box. Drop in the quantity of bZx Protocol (BZRX) you would wish to withdraw. Take into account the shown fees/minimums. Also make sure you have filled your correct withdraw address. When you're glad, click on “Submit”. You could be asked for email/phone verification ahead of a take off.