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 Ethereum (ETH) or Bitcoin (BTC) to an Exchange Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Exchange now. Every exchange has a deposit form that is identical. Band Protocol (BAND) is obtainable on Binance, so we're going to use that as an illustration. Unsure on how to send funds from Coinbase to an Exchange? (Follow this how-to) Make sure you've chosen the right 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 dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Follow these easy steps).
Step 3 – Find Band Protocol (BAND) Once your deposit has been verified, you'll immediately have access to your finances and you can launch invest and trading. To buy Band Protocol (BAND) on Binance, you'll want to hover over the ”Exchange” tab and then click on “Basic”. In order to spot Band Protocol (BAND), you'll need to insert the cointype (BAND) into the search box, which is marked in the image. Make sure you have choosen the right grouping, we've marked this also. Click on “BAND/BTC” to go on.
Step 4 – Purchasing Band Protocol (BAND) Once you've discovered Band Protocol (BAND), you'll be presented with a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). Next we're going to make our Limit Order. The ”Price” field will be filled automatically with the latest price Band Protocol (BAND) was sold for. You can change this to your preferred price. The field with the “Amount” tag is the volumen of BAND you wish to purchase. The field with the “Total” tag is the whole price in BTC that you will settle for the whole volumen of BAND. When you are happy, click on “Buy BAND”. Your order will be filled as soon as a Seller trades their BAND for the price you gave.
Step 5 – Withdraw Band Protocol (BAND) Unless you are regularly trading, never keep your coins on an Exchange for an extended time frame. To take off your Band Protocol (BAND), hover over the ”Funds” tab and mouse click on “Withdraw”. Band Protocol (BAND) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Band Protocol (BAND) by using the provided drop-down box. Put into the amount of Band Protocol (BAND) you would like to take off. Take into account the demonstrated fees/minimums. Also make sure you have filled your correct withdraw address. When you are glad, make a mouse click on “Submit”. You could be requested for email/phone verification before a take off.