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.
Step 2 – Transfer Your ETH (Ethereum) or BTC (Bitcoin) to an Cryptocurrency Exchange Your Ethereum or Bitcoin will need to be sent over to an Exchange now. All exchanges have a deposit form that is similar. Band Protocol (BAND) is obtainable on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Crypto Trader? (Just follow this manual) Make sure you have selected the right coin you wish to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etcetera. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be different (Just follow our how-to).
Step 3 – Locate Band Protocol (BAND) Once your deposit has been confirmed, you'll now have access to your assets and you can launch buying and trading. To purchase Band Protocol (BAND) on Binance, you will want to go to the tab which is called “Exchange” and after that click on “Basic”. To locate Band Protocol (BAND), you will need to put the short name of the asset (BAND) into the search box, which is highlighted in the picture. Be certain of having selected the correct grouping, we've highlighted this also. Click on “BAND/BTC” to go ahead.
Step 4 – Buying Band Protocol (BAND) After you have discovered Band Protocol (BAND), you will be presented with a Price Chart (in the Center of the image) and some Order Books (on the Left of the picture). For now we're going to create our own Limit Order. The field with the “Price” tag will be filled automatically with the most up-to-date price Band Protocol (BAND) was sold for. This can be changed to your favoured price. The ”Amount” field is the amount of BAND you wish to purchase. The ”Total” field is the aggregated price in BTC that you will settle for the whole quantity of BAND. If you are glad, click on “Buy BAND”. Your plan will be filled as soon as a Seller sells their BAND for the price you gave.
Step 5 – Withdraw Band Protocol (BAND) Unless you're frequently trading, best advise is not to keep crypto coins on an Crypto Exchange for an extended period of time. To withdraw your Band Protocol (BAND), go to the tab called “Funds” and click on “Withdraw”. Band Protocol (BAND) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Band Protocol (BAND) by using the given drop-down box. Enter the volumen of Band Protocol (BAND) you'd like to withdraw. Take into account the shown minimus/fees. Also make sure you have entered your correct withdraw address. If you are happy, make a mouse click on “Submit”. You could be requested for phone/email verification ahead of a take off.