A Step-by-Step-Guide on how to buy BiblePay (BBP)
Step 1 – Signup to Coinbase and recieve 10$ for free In the beginning you'll need to buy units of the major coins. Exchanges usually accept either Bitcoin or Ethereum in exchange for alternative Coins. Click below to register and to get your first 10$.
Step 2 – Send Your ETH (Ethereum) or BTC (Bitcoin) to an Cryptocurrency Exchange Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is similar. BiblePay (BBP) is available on Binance, so we're going to use that as an sample. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this guide) Make sure you have chosen the right coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so on. In the case you're using a decentralized exchange, such as Airswap or DDEX could be different (Follow our how-to).
Step 3 – Find (BBP) BiblePay Once your deposit has been verified, you'll immediately have access to your funds and you can begin purchasing and trading. To buy (BBP) BiblePay on Binance, you'll want to go to the ”Exchange” tab and then click on “Basic”. To locate (BBP) BiblePay, you'll need to put the shortname of the coin (BBP) into the search box, which is marked in the picture. Make sure you have selected the correct grouping, we've marked this too. Click on “BBP/BTC” to go on.
Step 4 – Buying (BBP) BiblePay After you've located (BBP) BiblePay, you'll be given a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). Next we're creating our own Limit Order. The field with the “Price” tag will be filled with the latest valuation (BBP) BiblePay was traded for. This can be changed to your favoured rate. The field with the “Amount” tag is the quantity of BBP you want to purchase. The field with the “Total” tag is the total price in BTC that you'll pay for the whole quantity of BBP. When you are satisfied, make a mouse click on “Buy BBP”. Your plan will be filled as soon as a Vender trades their BBP for the price you introduced.
Step 5 – Withdraw (BBP) BiblePay Unless you are trading, best advise is not to keep your crypto coins on an Crypto Trader for an extended time period. In order to take off your (BBP) BiblePay, hover over the tab called “Funds” and mouse click on “Withdraw”. (BBP) BiblePay can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate (BBP) BiblePay by using the given drop-down box. Put into the volumen of (BBP) BiblePay you would wish to take off. Don't forget the presented fees/minimums. Also make sure you have entered your precise withdraw address. When you are glad, make a mouse click on “Submit”. You may be asked for phone/email verification before a withdrawal.