A Step-by-Step-Guide on where to buy Bitpayer Token (BPT)
Step 1 – Signup to CEX.io You'll first need to buy units of the major currencies. Exchanges usually accept either Bitcoin or Ethereum in exchange for alternative Coins. Follow the Link below to register and to get your Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transmit Your Funds to an Crypto Trader Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. Bitpayer Token (BPT) is available on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this how-to) Make sure you've chosen the exact coin you want to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, etcetera. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be different (Just follow our how-to).
Step 3 – Find Bitpayer Token (BPT) As soon as your deposit has been confirmed, you'll immediately have access to your funds and you can begin buying and trading. To buy Bitpayer Token (BPT) on Binance, you will want to go to the tab which is called “Exchange” and click on “Basic”. In order to spot Bitpayer Token (BPT), you will need to put the cointype (BPT) into the search box, which is marked in the graphic. Be certain of having selected the right grouping, we've highlighted this also. Click on “BPT/BTC” to continue.
Step 4 – Purchase Bitpayer Token (BPT) After you've found Bitpayer Token (BPT), you will be presented with a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the image). For now we're creating our own Limit Order. The ”Price” field will be filled automatically with the up-to-date price Bitpayer Token (BPT) was sold for. You can change this to your preferred rate. The ”Amount” field is the volumen of BPT you want to buy. The field with the “Total” tag is the whole price in Bitcoin that you will settle for the whole quantity of BPT. If you are happy, click on “Buy BPT”. Your order will be filled as soon as a Seller trades their BPT for the price you submitted.
Step 5 – Withdraw Bitpayer Token (BPT) Unless you are trading, you should never keepyour crypto on an Cryptocurrency Exchange for an extended time period. In order to take off your Bitpayer Token (BPT), go to the ”Funds” tab and click on “Withdraw”. Bitpayer Token (BPT) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Bitpayer Token (BPT) by using the provided drop-down box. Enter the quantity of Bitpayer Token (BPT) you'd like to withdraw. Don't forget the shown fees/minimums. Also make sure you have filled your right withdraw address. If you are happy, click “Submit”. You may be asked for verfication via phone/email ahead of a withdrawal.