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).
Step 2 – Transmit Your Ethereum or Bitcoin to an Crypto Trader Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is identical. BEAM (BEAM) is accessible on Binance, so we will use that as an illustration. Unsure on how to send funds from Coinbase to an Crypto Trader? (Follow this guide) Make sure you have selected 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 working with a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our how-to).
Step 3 – Find BEAM (BEAM) As soon as your deposit has been verified, you will immediately have access to your funds and you can initiate invest and trading. To invest in BEAM (BEAM) on Binance, you will want to hover over the ”Exchange” tab and then click on “Basic”. To find BEAM (BEAM), you will need to put the short name of the asset (BEAM) into the search-box, which is marked in the graphic. Make sure you have selected the correct grouping, we've marked this also. Click on “BEAM/BTC” to continue.
Step 4 – Acquisition of BEAM (BEAM) After you've located BEAM (BEAM), you'll be given a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). For now we are going to make our own Limit Order. The field with the “Price” tag will be automatically filled with the most recent valuation BEAM (BEAM) was traded for. You can change this to your desired price. The field with the “Amount” tag is the quantity of BEAM you want to buy. The field with the “Total” tag is the total price in BTC that you will pay for the complete quantity of BEAM. If you are satisfied, make a mouse click on “Buy BEAM”. Your plan will be filled when a Vendor trades their BEAM for the price you offered.
Step 5 – Withdraw BEAM (BEAM) Unless you are regularly trading, never keep your crypto on an Exchange for an longer period of time. In order to take off your BEAM (BEAM), go to the tab called “Funds” and click on “Withdraw”. BEAM (BEAM) can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find BEAM (BEAM) by using the provided drop-down box. Enter the quantity of BEAM (BEAM) you would like to take off. Don't forget the displayed minimus/fees. Also make sure you have entered your correct withdraw address. If you are satisfied, click on “Submit”. You may be asked for verfication via phone/email ahead of a take off.
Congrats! You have successfully bought and stored BEAM (BEAM).That's it! Take offs from Crypto Exchange can durate between 1 – 30 minutes (depending on network usage). As soon as you have confirmed your take off with Etherscan.io or Ethplorer.io and the (BEAM) BEAM is safe in your wallet, you are finished.
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