A Step-by-Step-Guide on how to buy BaconSwap (BACON)
Step 1 – Join Coinbase and get 10$ for free You will first need to buy one of the top-tier currencies. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Click below to register and receive your welcome $10.
Step 2 – Transfer Your Bitcoin or Ethereum to an Exchange Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Exchange now. All exchanges have a deposit form that is alike. BaconSwap (BACON) is accessible on Binance, so we will use that as an sample. Unsure on how to send Coinbase funds to an Exchange? (Follow this manual) Make sure you've selected the exact coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so on. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our how-to).
Step 3 – Locate (BACON) BaconSwap As soon as your deposit has been confirmed, you will immediately have access to your assets and you can start purchasing and trading. To invest in (BACON) BaconSwap on Binance, you will want to go to the tab which is called “Exchange” and after that mouse click on “Basic”. In order to find (BACON) BaconSwap, you will need to put the shortname of the coin (BACON) into the search-box, which is highlighted in the image. Be certain of having choosen the correct grouping, we have highlighted this too. Click on “BACON/BTC” to proceed.
Step 4 – Buy BaconSwap (BACON) Once you've spotted BaconSwap (BACON), you will be presented with a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). For now we are making our Limit Order. The field with the “Price” tag will be automatically filled with the up-to-date valuation BaconSwap (BACON) was traded for. You can change this to your favoured price. The field with the “Amount” tag is the volumen of BACON you like to buy. The ”Total” field is the whole price in BTC that you'll settle for the complete volumen of BACON. When you are satisfied, make a mouse click on “Buy BACON”. Your order will be filled when a Vender trades their BACON for the price you submitted.
Step 5 – Withdraw BaconSwap (BACON) Unless you're regularly trading, you should never keepyour crypto on an Cryptocurrency Exchange for an extended time period. To withdraw your BaconSwap (BACON), hover over the ”Funds” tab and click on “Withdraw”. BaconSwap (BACON) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find BaconSwap (BACON) by using the provided drop-down box. Put into the amount of BaconSwap (BACON) you would wish to withdraw. Take into account the presented minimus/fees. Also make sure you have entered your correct withdraw address. When you're happy, click on “Submit”. You may be requested for phone/email verification ahead of a withdrawal.