How to Buy Based Money ($BASED)

A Step-by-Step-Guide on how to buy Based Money ($BASED)

Step 1 – Signup to Kraken

You will first need to buy units of the major coins. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Click below for registration and getting Bitcoin or Ethereum.

Binance Signup
Step 2 – Transfer Your Funds to an Crypto Trader

Your Bitcoin or Ethereum will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. Based Money ($BASED) is accessible on Binance, so we're going to use that as an sample. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this how-to)

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

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, etc. In the case you are using a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our guide).

Step 3 – Locate Based Money ($BASED)

Once your deposit has been verified, you'll immediately have access to your assets and you can launch buying and trading. To buy Based Money ($BASED) on Binance, you will want to go to the ”Exchange” tab and then mouse click on “Basic”.

To locate Based Money ($BASED), you will need to insert the shortname of the coin ($BASED) into the search box, which is marked in the graphic. Be certain of having selected the correct grouping, we have highlighted this too. Click on “$BASED/BTC” to advance.

Binance Hot To Buy Based Money ($BASED)
Binance How to Buy ($BASED) Based Money
Step 4 – Acquisition of Based Money ($BASED)

After you have located Based Money ($BASED), you'll be given a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). And now we are going to make our own Limit Order.

The field with the “Price” tag will be filled with the most recent rate Based Money ($BASED) was traded for. You can change this to your desired price. The field with the “Amount” tag is the volumen of $BASED you want to buy. The field with the “Total” tag is the total price in Bitcoin that you will pay for the whole amount of $BASED.

When you are glad, make a mouse click on “Buy $BASED”. Your plan will be filled as soon as a Vender sells their $BASED for the price you offered.

Step 5 – Withdraw Based Money ($BASED)

Unless you're regularly trading, you should never keepyour crypto coins on an Cryptocurrency Exchange for an longer time period. In order to withdraw your Based Money ($BASED), go to the ”Funds” tab and click on “Withdraw”. Based Money ($BASED) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find Based Money ($BASED) by using the provided drop-down box. Enter the volumen of Based Money ($BASED) you would like to withdraw. Don't forget the displayed minimus/fees. Also make sure you have entered your correct withdraw address.

When you are happy, click on “Submit”. You may be asked for phone/email verification ahead of a withdrawal.

Binance Withdraw

Congrats! You have successfully purchased and safed Based Money ($BASED).

That's it!

Take offs from Cryptocurrency Exchange can take between 1 – 30 minutes (rely on network usage). As soon as you have confirmed your take off using Etherscan.io or Ethplorer.io and the ($BASED) Based Money is safe in your wallet, you are done.

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