A Step-by-Step-Guide on how to buy Basic Attention Token (BAT)
Step 1 – Join Kraken You will first need to purchase one of the top-tier currencies. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Click below to register and to get Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Send Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Exchange Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is alike. Basic Attention Token (BAT) is accessible on Binance, so we're going to use that as an illustration. Unsure on how to send Coinbase funds to an Crypto Exchange? (Just follow this guide) Make sure you've chosen the right coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, et cetera. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be different (Just follow these easy steps).
Step 3 – Find Basic Attention Token (BAT) As soon as your deposit has been approved, you'll instantly have access to your funds and you can initiate purchasing and trading. To purchase Basic Attention Token (BAT) on Binance, you'll want to go to the ”Exchange” tab and mouse click on “Basic”. To discover Basic Attention Token (BAT), you'll need to insert the short name of the asset (BAT) into the search box, which is highlighted in the picture. Be certain of having selected the correct pairing, we have highlighted this also. Click on “BAT/BTC” to proceed.
Step 4 – Purchasing Basic Attention Token (BAT) After you've discovered Basic Attention Token (BAT), you will be given a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). For now we are going to make our own Limit Order. The ”Price” field will be automatically filled with the most latest rate Basic Attention Token (BAT) was traded for. You can change this to your preferred rate. The field with the “Amount” tag is the amount of BAT you want to purchase. The ”Total” field is the whole price in Bitcoin that you will settle for the complete amount of BAT. When you are satisfied, click on “Buy BAT”. Your order will be filled as soon as a Vendor trades their BAT for the price you gave.
Step 5 – Withdraw Basic Attention Token (BAT) Unless you're trading, never keep your coins on an Crypto Exchange for an extended time frame. To take off your Basic Attention Token (BAT), go to the tab called “Funds” and mouse click on “Withdraw”. Basic Attention Token (BAT) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Basic Attention Token (BAT) by using the given drop-down box. Drop in the quantity of Basic Attention Token (BAT) you'd wish to take off. Don't forget the displayed minimus/fees. Also make sure you have filled your correct withdraw address. When you're happy, make a mouse click on “Submit”. You could be asked for verfication via phone/email before a withdrawal.