A Step-by-Step-Guide on how to buy BaaSid (BAAS)
Step 1 – Signup to Kraken You will first need to buy one of the bigger currencies. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Click the button below for registration and receive Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Transmit Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Exchange Your Bitcoin or Ethereum will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. BaaSid (BAAS) is obtainable on Binance, so we're going to use that as an sample. Unsure on how to send funds from Coinbase to an Exchange? (Follow these easy steps) Make sure you have chosen the correct coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etcetera. In the case you are working with a decentralized exchange, like Airswap or DDEX could be different (Follow these easy steps).
Step 3 – Locate BaaSid (BAAS) As soon as your deposit has been confirmed, you will directly have access to your finances and you can commence buying and trading. To buy BaaSid (BAAS) on Binance, you'll want to hover over the tab which is called “Exchange” and after that mouse click on “Basic”. To spot BaaSid (BAAS), you will need to insert the cointype (BAAS) into the search-box, which is highlighted in the picture. Make sure you have choosen the correct grouping, we have highlighted this too. Click on “BAAS/BTC” to continue.
Step 4 – Buying BaaSid (BAAS) Once you have spotted BaaSid (BAAS), you'll be presented with a Price Chart (in the Center of the image) and some Order Books (Leftside of the picture). For now we're creating our own Limit Order. The ”Price” field will be filled with the most recent rate BaaSid (BAAS) was traded for. This can be changed to your favoured rate. The field with the “Amount” tag is the amount of BAAS you wish to purchase. The ”Total” field is the total price in Bitcoin that you will settle for the whole volumen of BAAS. If you're happy, make a mouse click on “Buy BAAS”. Your plan will be filled as soon as a Vender sells their BAAS for the price you submitted.
Step 5 – Withdraw BaaSid (BAAS) Unless you are regularly trading, never keep your coins on an Crypto Exchange for an longer period of time. To withdraw your BaaSid (BAAS), go to the tab called “Funds” and mouse click on “Withdraw”. BaaSid (BAAS) can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find BaaSid (BAAS) by using the given drop-down box. Enter the amount of BaaSid (BAAS) you'd wish to take off. Take into account the shown fees/minimums. Also make sure you have entered your right withdraw address. When you are glad, click “Submit”. You could be requested for verfication via phone/email before a withdrawal.