How to Buy Band Protocol (BAND)

A Step-by-Step-Guide on how to buy Band Protocol (BAND)

Step 1 – Signup to Kraken

In the beginning you'll need to buy units of the top-tier coins. Exchanges normally accept either Bitcoin or Ethereum in exchange for Altcoins. Click below for registration and getting Bitcoin or Ethereum.

Binance Signup
Step 2 – Transfer Your Bitcoin or Ethereum to an Crypto Trader

Your Bitcoin or Ethereum will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is alike. Band Protocol (BAND) is available on Binance, so we're going to use that as an sample. Not sure on how to send funds from Coinbase to an Exchange? (Follow this guide)

Make sure you have selected the correct coin you wish to deposit.

BTC must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etcetera. If you're working with a decentralized exchange, like Airswap or DDEX could be unlike (Follow our how-to).

Step 3 – Locate Band Protocol (BAND)

Once your deposit has been approved, you'll directly have access to your finances and you can initiate invest and trading. To buy Band Protocol (BAND) on Binance, you'll want to go to the ”Exchange” tab and then click on “Basic”.

To locate Band Protocol (BAND), you will need to put the shortname of the coin (BAND) into the search box, which is highlighted in the graphic. Make sure you have selected the proper pairing, we've highlighted this also. Click on “BAND/BTC” to continue.

Binance Hot To Buy Band Protocol (BAND)
Binance How to Buy (BAND) Band Protocol
Step 4 – Acquisition of Band Protocol (BAND)

As soon as you've found Band Protocol (BAND), you will be given a Price Chart (in the Center of the image) and some Order Books (on the Left of the picture). And now we're going to create our own Limit Order.

The field with the “Price” tag will be filled with the most recent rate Band Protocol (BAND) was traded for. This can be changed to your desired rate. The field with the “Amount” tag is the amount of BAND you want to buy. The ”Total” field is the aggregated price in BTC that you'll settle for the complete quantity of BAND.

If you're glad, make a mouse click on “Buy BAND”. Your plan will be filled when a Vender trades their BAND for the price you offered.

Step 5 – Withdraw Band Protocol (BAND)

Unless you are frequently trading, best advise is not to keep crypto coins on an Cryptocurrency Exchange for an longer time period. To withdraw your Band Protocol (BAND), hover over the ”Funds” tab and mouse click on “Withdraw”. Band Protocol (BAND) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Band Protocol (BAND) by using the given drop-down box. Enter the amount of Band Protocol (BAND) you would like to withdraw. Don't forget the demonstrated minimus/fees. Also make sure you have entered your precise withdraw address.

If you're happy, click on “Submit”. You could be asked for email/phone verification ahead of a take off.

Binance Withdraw

Kudos! You have successfully bought and safed Band Protocol (BAND).

That's it!

Withdrawals from Cryptocurrency Exchange can take anywhere from 1 – 30 minutes (rely on usage of the network). Once you have confirmed your withdrawal with Ethplorer.io or Etherscan.io and the (BAND) Band Protocol is stored within your wallet, you are done.
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