A Step-by-Step-Guide on how to buy Banano (BAN)
Step 1 – Join Coinbase – Get Free $10 In the beginning you'll need to buy one of the top-tier currencies. Exchanges usually accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Click below to register and to get your welcome 10 Dollar.
Step 2 – Transmit Your Funds to an Exchange Your Bitcoin or Ethereum has to be sent over to an Exchange now. Every exchange has a deposit form that is alike. Banano (BAN) is accessible on Binance, so we're going to use that as an sample. Unsure on how to send Coinbase funds to an Exchange? (Just follow this manual) Make sure you have chosen the exact coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etc. In the case you are using a decentralized exchange, like Airswap or DDEX could be opposed (Just follow these easy steps).
Step 3 – Locate Banano (BAN) Once your deposit has been affirmed, you will instantly have access to your finances and you can launch buying and trading. To purchase Banano (BAN) on Binance, you will want to hover over the tab which is called “Exchange” and mouse click on “Basic”. In order to find Banano (BAN), you will need to insert the short name of the asset (BAN) into the search box, which is highlighted in the picture. Be certain of having selected the correct pairing, we've highlighted this also. Click on “BAN/BTC” to proceed.
Step 4 – Purchasing Banano (BAN) Once you have spotted Banano (BAN), you will be given a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). And now we are making our Limit Order. The ”Price” field will be automatically filled with the most recent tariff Banano (BAN) was sold for. You can change this to your desired price. The field with the “Amount” tag is the amount of BAN you wish to buy. The ”Total” field is the whole price in BTC that you'll pay for the whole amount of BAN. When you are satisfied, click on “Buy BAN”. Your order will be filled when a Seller trades their BAN for the price you submitted.
Step 5 – Withdraw Banano (BAN) Unless you're frequently trading, best advise is not to keep your crypto on an Exchange for an extensive time period. In order to take off your Banano (BAN), hover over the tab called “Funds” and click on “Withdraw”. Banano (BAN) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Banano (BAN) by using the given drop-down box. Drop in the amount of Banano (BAN) you would wish to take off. Don't forget the shown fees/minimums. Also make sure you have filled your precise withdraw address. If you're happy, click on “Submit”. You could be requested for phone/email verification ahead of a withdrawal.