A Step-by-Step-Guide on how to buy BiblePay (BBP)
Step 1 – Join Kraken In the beginning you'll need to purchase one of the bigger currencies. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Follow the Link below for registration and getting Funds.
Step 2 – Transmit Your Funds to an Cryptocurrency Exchange Your Ethereum or Bitcoin will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is similar. BiblePay (BBP) is accessible on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow these easy steps) Make sure you have chosen the correct coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etcetera. If you're dealing with a decentralized exchange, like Airswap or DDEX could be divergent (Follow our manual).
Step 3 – Locate BiblePay (BBP) As soon as your deposit has been affirmed, you will immediately have access to your funds and you can initiate invest and trading. To invest in BiblePay (BBP) on Binance, you will want to go to the tab which is called “Exchange” and mouse click on “Basic”. To spot BiblePay (BBP), you will need to put the cointype (BBP) into the search box, which is highlighted in the picture. Make sure you have selected the proper grouping, we have highlighted this too. Click on “BBP/BTC” to continue.
Step 4 – Buying BiblePay (BBP) After you've found BiblePay (BBP), you will be given a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the picture). Next we're going to make our own Limit Order. The field with the “Price” tag will be filled with the most recent rate BiblePay (BBP) was sold for. You can change this to your favoured rate. The ”Amount” field is the quantity of BBP you want to buy. The field with the “Total” tag is the total price in Bitcoin that you will settle for the whole quantity of BBP. When you are satisfied, make a mouse click on “Buy BBP”. Your order will be filled when a Vender trades their BBP for the price you introduced.
Step 5 – Withdraw BiblePay (BBP) Unless you're trading, never keep your crypto on an Cryptocurrency Exchange for an extensive period of time. In order to withdraw your BiblePay (BBP), hover over the ”Funds” tab and click on “Withdraw”. BiblePay (BBP) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate BiblePay (BBP) by using the given drop-down box. Put into the volumen of BiblePay (BBP) you'd wish to withdraw. Take into account the displayed fees/minimums. Also make sure you have filled your right withdraw address. If you're glad, make a mouse click on “Submit”. You may be asked for verfication via email/phone before a take off.