A Step-by-Step-Guide on how to buy Bagcoin (BGC)
Step 1 – Signup to Kraken In the beginning you'll need to purchase one of the major coins. Exchanges commonly accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Follow the Link below to register and receive Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Transmit Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is alike. Bagcoin (BGC) is available on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Follow this how-to) Make sure you've selected the precise coin you want to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etc. In the case you're working with a decentralized exchange, like Airswap or DDEX could be unlike (Follow our how-to).
Step 3 – Find Bagcoin (BGC) As soon as your deposit has been verified, you'll directly have access to your funds and you can initiate purchasing and trading. To purchase Bagcoin (BGC) on Binance, you'll want to go to the tab which is called “Exchange” and after that click on “Basic”. In order to locate Bagcoin (BGC), you'll need to insert the shortname of the coin (BGC) into the search box, which is marked in the image. Be certain of having selected the right grouping, we've marked this too. Click on “BGC/BTC” to proceed.
Step 4 – Purchase Bagcoin (BGC) As soon as you've spotted Bagcoin (BGC), you'll be presented with a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). And now we are creating our Limit Order. The field with the “Price” tag will be filled with the most up-to-date tariff Bagcoin (BGC) was sold for. This can be changed to your desired price. The field with the “Amount” tag is the amount of BGC you want to purchase. The field with the “Total” tag is the aggregated price in BTC that you will pay for the whole amount of BGC. If you're happy, click on “Buy BGC”. Your order will be filled when a Vender trades their BGC for the price you introduced.
Step 5 – Withdraw Bagcoin (BGC) Unless you're regularly trading, best advise is not to keep crypto on an Crypto Trader for an extensive time frame. To take off your Bagcoin (BGC), go to the ”Funds” tab and click on “Withdraw”. Bagcoin (BGC) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Bagcoin (BGC) by using the provided drop-down box. Put into the volumen of Bagcoin (BGC) you'd like to take off. Take into account the displayed minimus/fees. Also make sure you have filled your precise withdraw address. If you're satisfied, click “Submit”. You may be requested for phone/email verification before a withdrawal.