A Step-by-Step-Guide on how to buy Belifex (BEFX)
Step 1 – Join Kraken In the beginning you'll need to purchase one of the bigger coins. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Follow the Link below for registration and receive Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Transmit Your Ethereum or Bitcoin to an Crypto Trader Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. Belifex (BEFX) is accessible on Binance, so we will use that as an sample. Unsure on how to send Coinbase funds to an Exchange? (Follow this manual) Make sure you have selected the precise coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, et cetera. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be different (Follow our how-to).
Step 3 – Find Belifex (BEFX) As soon as your deposit has been approved, you'll now have access to your assets and you can commence purchasing and trading. To invest in Belifex (BEFX) on Binance, you will want to hover over the tab which is called “Exchange” and then click on “Basic”. In order to find Belifex (BEFX), you will need to insert the short name of the asset (BEFX) into the search-box, which is highlighted in the graphic. Be certain of having selected the proper pairing, we have highlighted this too. Click on “BEFX/BTC” to advance.
Step 4 – Purchasing Belifex (BEFX) Once you have found Belifex (BEFX), you will be given a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). Next we are going to create our own Limit Order. The field with the “Price” tag will be filled automatically with the most up-to-date valuation Belifex (BEFX) was sold for. You can change this to your preferred rate. The ”Amount” field is the quantity of BEFX you want to buy. The field with the “Total” tag is the aggregated price in BTC that you will settle for the whole amount of BEFX. If you're glad, make a mouse click on “Buy BEFX”. Your order will be filled as soon as a Seller trades their BEFX for the price you submitted.
Step 5 – Withdraw Belifex (BEFX) Unless you're regularly trading, best advise is not to keep your crypto on an Crypto Exchange for an longer time period. To take off your Belifex (BEFX), hover over the ”Funds” tab and click on “Withdraw”. Belifex (BEFX) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Belifex (BEFX) by using the provided drop-down box. Enter the amount of Belifex (BEFX) you would like to take off. Don't forget the shown fees/minimums. Also make sure you have filled your precise withdraw address. If you are happy, click “Submit”. You may be requested for phone/email verification before a take off.
Congrats! You have successfully purchased and stored Belifex (BEFX).That's it! Withdrawals from Crypto Trader can durate between 1 – 30 minutes (rely on usage of the network). Once you have confirmed your take off using Ethplorer.io or Etherscan.io and the (BEFX) Belifex is stored within your wallet, you're all done.
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