A Step-by-Step-Guide on how to buy Based Money ($BASED)
Step 1 – Signup to CEX.io You will first need to purchase one of the major currencies. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Click below for registration and receive Bitcoin or Ethereum.
Step 2 – Send Your BTC (Bitcoin) or ETH (Ethereum) to an Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Exchange now. Every exchange has a deposit form that is similar. Based Money ($BASED) is accessible on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Exchange? (Follow this manual) Make sure you have chosen the right coin you wish 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, such as Airswap or DDEX could be unlike (Follow these easy steps).
Step 3 – Find Based Money ($BASED) Once your deposit has been confirmed, you will directly have access to your assets and you can start buying and trading. To invest in Based Money ($BASED) on Binance, you will want to hover over the ”Exchange” tab and click on “Basic”. To spot Based Money ($BASED), you will need to put the cointype ($BASED) into the search box, which is marked in the picture. Be certain of having selected the right grouping, we've marked this also. Click on “$BASED/BTC” to advance.
Step 4 – Purchasing Based Money ($BASED) Once you've located Based Money ($BASED), you'll be given a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the picture). Next we're going to create our own Limit Order. The ”Price” field will be filled with the most up-to-date tariff Based Money ($BASED) was traded for. You can change this to your preferred price. The field with the “Amount” tag is the quantity of $BASED you like to buy. The field with the “Total” tag is the total price in Bitcoin that you will settle for the complete quantity of $BASED. When you are satisfied, make a mouse click on “Buy $BASED”. Your plan will be filled when a Seller sells their $BASED for the price you gave.
Step 5 – Withdraw Based Money ($BASED) Unless you are regularly trading, best advise is not to keep crypto coins on an Crypto Trader for an extensive time period. In order to take off your Based Money ($BASED), go to the tab called “Funds” and mouse click on “Withdraw”. Based Money ($BASED) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Based Money ($BASED) by using the provided drop-down box. Enter the volumen of Based Money ($BASED) you would like to take off. Don't forget the demonstrated minimus/fees. Also make sure you have entered your right withdraw address. When you are happy, click “Submit”. You could be requested for email/phone verification ahead of a withdrawal.