How to Buy BEAM (BEAM)

A Step-by-Step-Guide on how to buy BEAM (BEAM)

Step 1 – Signup to Kraken

You'll first need to buy units of the bigger coins. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Follow the Link below to register and receive Ethereum (ETH) or Bitcoin (BTC).

Binance Signup
Step 2 – Transmit Your Ethereum (ETH) or Bitcoin (BTC) to an Exchange

Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is identical. BEAM (BEAM) is available on Binance, so we're going to use that as an illustration. Not sure on how to send Coinbase funds to an Crypto Trader? (Follow these easy steps)

Make sure you have chosen the right coin you wish to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, and so on. If you are working with a decentralized exchange, like Airswap or DDEX could be divergent (Follow our guide).

Step 3 – Locate BEAM (BEAM)

As soon as your deposit has been confirmed, you'll directly have access to your funds and you can start buying and trading. To buy BEAM (BEAM) on Binance, you'll want to hover over the tab which is called “Exchange” and then click on “Basic”.

To spot BEAM (BEAM), you'll need to put the cointype (BEAM) into the search-box, which is highlighted in the image. Be certain of having choosen the proper grouping, we have marked this too. Click on “BEAM/BTC” to go ahead.

Binance Hot To Buy BEAM (BEAM)
Binance How to Buy (BEAM) BEAM
Step 4 – Purchasing BEAM (BEAM)

Once you've located BEAM (BEAM), you'll be presented with a Price Chart (in the Center of the image) and some Order Books (Leftside of the picture). Next we are creating our own Limit Order.

The field with the “Price” tag will be automatically filled with the most recent tariff BEAM (BEAM) was sold for. This can be changed to your favoured price. The ”Amount” field is the quantity of BEAM you want to purchase. The ”Total” field is the whole price in BTC that you will settle for the whole amount of BEAM.

When you are satisfied, click on “Buy BEAM”. Your plan will be filled as soon as a Vender trades their BEAM for the price you introduced.

Step 5 – Withdraw BEAM (BEAM)

Unless you're regularly trading, never keep your coins on an Exchange for an extended time period. To take off your BEAM (BEAM), go to the ”Funds” tab and click on “Withdraw”. BEAM (BEAM) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find BEAM (BEAM) by using the provided drop-down box. Enter the volumen of BEAM (BEAM) you'd wish to withdraw. Take into account the displayed minimus/fees. Also make sure you have filled your correct withdraw address.

If you're happy, click “Submit”. You could be asked for verfication via email/phone before a take off.

Binance Withdraw

Kudos! You've successfully purchased and stored BEAM (BEAM).

That's it!

Withdrawals from Crypto Exchange can take between 1 – 30 minutes (depending on usage of the network). As soon as you've proved your withdrawal with Etherscan.io or Ethplorer.io and the (BEAM) BEAM is stored inside your wallet, you are done.
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