A Step-by-Step-Guide on how to buy BERNcash (BERN)
Step 1 – Signup to Kraken In the beginning you'll need to buy one of the bigger currencies. Exchanges commonly accept either Bitcoin or Ethereum in exchange for Altcoins. Click below for registration and getting Funds.
Step 2 – Transfer Your Bitcoin or Ethereum to an Cryptocurrency Exchange Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. BERNcash (BERN) is obtainable on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this manual) Make sure you've selected the exact coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etcetera. If you're working with a decentralized exchange, like Airswap or DDEX could be different (Just follow these easy steps).
Step 3 – Find BERNcash (BERN) As soon as your deposit has been approved, you will instantly have access to your funds and you can begin invest and trading. To purchase BERNcash (BERN) on Binance, you will want to hover over the ”Exchange” tab and then mouse click on “Basic”. To locate BERNcash (BERN), you will need to put the shortname of the coin (BERN) into the search-box, which is highlighted in the image. Be certain of having selected the right pairing, we've highlighted this also. Click on “BERN/BTC” to proceed.
Step 4 – Purchasing BERNcash (BERN) After you've located BERNcash (BERN), you will be presented with a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). Next we're going to create our own Limit Order. The field with the “Price” tag will be filled automatically with the recent price BERNcash (BERN) was traded for. This can be changed to your favoured rate. The ”Amount” field is the volumen of BERN you want to purchase. The field with the “Total” tag is the aggregated price in Bitcoin that you'll settle for the whole volumen of BERN. If you're satisfied, make a mouse click on “Buy BERN”. Your order will be filled as soon as a Seller trades their BERN for the price you submitted.
Step 5 – Withdraw BERNcash (BERN) Unless you're trading, best advise is not to keep crypto on an Exchange for an extended time period. To take off your BERNcash (BERN), go to the ”Funds” tab and click on “Withdraw”. BERNcash (BERN) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate BERNcash (BERN) by using the given drop-down box. Put into the amount of BERNcash (BERN) you would wish to take off. Don't forget the shown fees/minimums. Also make sure you have filled your precise withdraw address. If you're satisfied, click on “Submit”. You may be requested for email/phone verification before a take off.