A Step-by-Step-Guide on how to buy BFX COIN (BFX)
Step 1 – Join Coinbase – Get Free $10 You'll first need to purchase units of the major coins. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Click below for registration and getting your welcome $10.
Step 2 – Transmit Your BTC (Bitcoin) or ETH (Ethereum) to an Cryptocurrency Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. BFX COIN (BFX) is accessible on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this manual) Make sure you have chosen the correct coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etcetera. In the case you're using a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our guide).
Step 3 – Find (BFX) BFX COIN As soon as your deposit has been affirmed, you'll immediately have access to your assets and you can start purchasing and trading. To invest in (BFX) BFX COIN on Binance, you'll want to go to the ”Exchange” tab and then click on “Basic”. In order to locate (BFX) BFX COIN, you'll need to insert the short name of the asset (BFX) into the search-box, which is highlighted in the picture. Make sure you have choosen the right grouping, we've highlighted this also. Click on “BFX/BTC” to proceed.
Step 4 – Purchasing BFX COIN (BFX) As soon as you've discovered BFX COIN (BFX), you will be presented with a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the image). Next we're creating our Limit Order. The field with the “Price” tag will be filled with the recent valuation BFX COIN (BFX) was traded for. This can be changed to your desired price. The field with the “Amount” tag is the amount of BFX you want to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you'll settle for the complete amount of BFX. When you are satisfied, click on “Buy BFX”. Your plan will be filled as soon as a Seller sells their BFX for the price you submitted.
Step 5 – Withdraw (BFX) BFX COIN Unless you are regularly trading, never keep your coins on an Cryptocurrency Exchange for an extensive period of time. To withdraw your (BFX) BFX COIN, go to the tab called “Funds” and click on “Withdraw”. (BFX) BFX COIN can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find (BFX) BFX COIN by using the provided drop-down box. Enter the quantity of (BFX) BFX COIN you would wish to withdraw. Don't forget the presented minimus/fees. Also make sure you have filled your right withdraw address. If you are happy, click “Submit”. You could be requested for verfication via email/phone before a withdrawal.