How to Buy Bibox Token (BIX)

A Step-by-Step-Guide on how to buy Bibox Token (BIX)

Step 1 – Signup to Kraken

You'll first need to purchase units of the bigger currencies. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Click the button below for registration and to get Bitcoin (BTC) or Ethereum (ETH).

Binance Signup
Step 2 – Transfer 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 alike. Bibox Token (BIX) is accessible on Binance, so we're going to use that as an illustration. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this how-to)

Make sure you've chosen the correct coin you want to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so on. In the case you are using a decentralized exchange, like Airswap or DDEX could be different (Follow our guide).

Step 3 – Find Bibox Token (BIX)

Once your deposit has been approved, you will immediately have access to your finances and you can begin purchasing and trading. To invest in Bibox Token (BIX) on Binance, you will want to go to the ”Exchange” tab and then click on “Basic”.

In order to locate Bibox Token (BIX), you will need to insert the shortname of the coin (BIX) into the search box, which is highlighted in the graphic. Be certain of having selected the proper grouping, we've highlighted this too. Click on “BIX/BTC” to go on.

Binance Hot To Buy Bibox Token (BIX)
Binance How to Buy (BIX) Bibox Token
Step 4 – Buy Bibox Token (BIX)

Once you've found Bibox Token (BIX), you will be presented with a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). And now we're going to make our Limit Order.

The ”Price” field will be filled automatically with the most up-to-date tariff Bibox Token (BIX) was sold for. You can change this to your preferred rate. The field with the “Amount” tag is the volumen of BIX you want to purchase. The field with the “Total” tag is the aggregated price in Bitcoin that you will settle for the whole volumen of BIX.

If you're glad, click on “Buy BIX”. Your plan will be filled as soon as a Vendor trades their BIX for the price you submitted.

Step 5 – Withdraw Bibox Token (BIX)

Unless you're trading, best advise is not to keep coins on an Cryptocurrency Exchange for an longer time frame. In order to take off your Bibox Token (BIX), hover over the tab called “Funds” and click on “Withdraw”. Bibox Token (BIX) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find Bibox Token (BIX) by using the provided drop-down box. Drop in the volumen of Bibox Token (BIX) you would wish to take off. Don't forget the demonstrated fees/minimums. Also make sure you have entered your precise withdraw address.

If you're happy, click “Submit”. You could be asked for phone/email verification ahead of a withdrawal.

Binance Withdraw

Kudos! You've successfully bought and stored Bibox Token (BIX).

That's it!

Withdrawals from Crypto Exchange can take anywhere from 1 – 30 minutes (rely on usage of the network). Once you have confirmed your take off with Ethplorer.io or Etherscan.io and the (BIX) Bibox Token is stored inside your wallet, you're all done.