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 ETH (Ethereum) or BTC (Bitcoin) to an Crypto Trader

Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is alike. BEAM (BEAM) is obtainable on Binance, so we're going to use that as an sample. Not sure on how to send funds from Coinbase to an Crypto Trader? (Follow this how-to)

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

BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so forth. In the case you are using a decentralized exchange, such as Airswap or DDEX could be different (Follow these easy steps).

Step 3 – Find BEAM (BEAM)

As soon as your deposit has been confirmed, you will directly have access to your assets and you can begin invest and trading. To purchase BEAM (BEAM) on Binance, you will want to go to the ”Exchange” tab and after that click on “Basic”.

To spot BEAM (BEAM), you will need to insert the short name of the asset (BEAM) into the search box, which is highlighted in the image. Make sure you have choosen the right pairing, we've highlighted this too. Click on “BEAM/BTC” to go on.

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

After you've spotted BEAM (BEAM), you will be given a Price Chart (in the Center of the image) and a few Order Books (Leftside of the picture). And now we're going to make our own Limit Order.

The field with the “Price” tag will be filled automatically with the most up-to-date price BEAM (BEAM) was sold for. You can change this to your favoured rate. The field with the “Amount” tag is the quantity of BEAM you want to buy. The field with the “Total” tag is the aggregated price in BTC that you'll pay for the complete volumen of BEAM.

When you are glad, click on “Buy BEAM”. Your order will be filled when a Vendor sells their BEAM for the price you introduced.

Step 5 – Withdraw BEAM (BEAM)

Unless you are regularly trading, best advise is not to keep your crypto coins on an Exchange for an longer time period. To withdraw your BEAM (BEAM), hover over the tab called “Funds” and click on “Withdraw”. BEAM (BEAM) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find BEAM (BEAM) by using the provided drop-down box. Drop in the volumen of BEAM (BEAM) you would wish to withdraw. Don't forget the presented fees/minimums. Also make sure you have filled your right withdraw address.

If you are satisfied, click “Submit”. You may be asked for phone/email verification before a take off.

Binance Withdraw

Congratulations! You've successfully bought and stored BEAM (BEAM).

That's it!

Withdrawals from Cryptocurrency Exchange can durate between 1 – 30 minutes (rely on network usage). Once you have proved your withdrawal with Etherscan.io or Ethplorer.io and the (BEAM) BEAM is stored in your wallet, you are finished.

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