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 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is alike. BEAM (BEAM) is available on Binance, so we will use that as an example. Unsure on how to send Coinbase funds to an Crypto Exchange? (Follow this guide) Make sure you've chosen the right coin you would like to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, et cetera. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our how-to).
Step 3 – Find BEAM (BEAM) As soon as your deposit has been affirmed, you will now have access to your funds and you can begin invest and trading. To buy BEAM (BEAM) on Binance, you will want to hover over the tab which is called “Exchange” and after that click on “Basic”. To find BEAM (BEAM), you will need to insert the cointype (BEAM) into the search-box, which is highlighted in the image. Make sure you have selected the correct pairing, we've marked this too. Click on “BEAM/BTC” to proceed.
Step 4 – Buying BEAM (BEAM) Once you have located BEAM (BEAM), you will be given a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). For now we're going to create our own Limit Order. The field with the “Price” tag will be filled with the most up-to-date tariff BEAM (BEAM) was traded for. You can change this to your desired rate. The ”Amount” field is the quantity of BEAM you wish to purchase. The field with the “Total” tag is the aggregated price in BTC that you'll pay for the whole quantity of BEAM. When you're satisfied, click on “Buy BEAM”. Your plan will be filled as soon as a Vendor trades their BEAM for the price you submitted.
Step 5 – Withdraw BEAM (BEAM) Unless you are regularly trading, you should never keepyour crypto coins on an Exchange for an longer time period. In order to withdraw your BEAM (BEAM), hover over the ”Funds” tab and mouse click on “Withdraw”. BEAM (BEAM) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find BEAM (BEAM) by using the given drop-down box. Enter the amount of BEAM (BEAM) you'd like to withdraw. Take into account the presented fees/minimums. Also make sure you have filled your right withdraw address. When you're satisfied, make a mouse click on “Submit”. You could be asked for email/phone verification ahead of a take off.