A Step-by-Step-Guide on how to buy Bagcoin (BGC)
Step 1 – Signup to CEX.io You'll first need to buy units of the bigger currencies. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Click the button below to register and getting Ethereum or Bitcoin.
Step 2 – Transfer Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Exchange Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is identical. Bagcoin (BGC) is obtainable on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Follow this guide) Make sure you have selected the exact coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etc. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Follow our guide).
Step 3 – Find (BGC) Bagcoin Once your deposit has been affirmed, you'll immediately have access to your finances and you can begin purchasing and trading. To buy (BGC) Bagcoin on Binance, you'll want to go to the ”Exchange” tab and after that click on “Basic”. In order to spot (BGC) Bagcoin, you'll need to put the short name of the asset (BGC) into the search-box, which is marked in the image. Make sure you have selected the correct pairing, we have marked this also. Click on “BGC/BTC” to go ahead.
Step 4 – Acquisition of (BGC) Bagcoin After you have spotted (BGC) Bagcoin, you will be presented with a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). And now we're creating our own Limit Order. The ”Price” field will be automatically filled with the most recent price (BGC) Bagcoin was sold for. You can change this to your favoured price. The ”Amount” field is the quantity of BGC you want to purchase. The ”Total” field is the total price in Bitcoin that you'll pay for the complete quantity of BGC. When you're satisfied, make a mouse click on “Buy BGC”. Your plan will be filled as soon as a Vendor sells their BGC for the price you offered.
Step 5 – Withdraw Bagcoin (BGC) Unless you're regularly trading, best advise is not to keep your crypto coins on an Exchange for an extended time frame. In order to withdraw your Bagcoin (BGC), hover over the tab called “Funds” and mouse click on “Withdraw”. Bagcoin (BGC) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Bagcoin (BGC) by using the given drop-down box. Enter the quantity of Bagcoin (BGC) you'd wish to withdraw. Don't forget the displayed fees/minimums. Also make sure you have entered your precise withdraw address. When you're satisfied, click “Submit”. You may be asked for verfication via phone/email ahead of a withdrawal.