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).
Step 2 – Transmit Your Funds to an Exchange Your Ethereum or Bitcoin has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. Bibox Token (BIX) is accessible on Binance, so we're going to use that as an sample. Unsure on how to send funds from Coinbase to an Exchange? (Follow this how-to) Make sure you've selected the correct coin you want to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, etc. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our how-to).
Step 3 – Locate Bibox Token (BIX) As soon as your deposit has been confirmed, you'll immediately have access to your finances and you can commence invest and trading. To buy Bibox Token (BIX) on Binance, you'll want to hover over the ”Exchange” tab and after that mouse click on “Basic”. To locate Bibox Token (BIX), you'll need to put the shortname of the coin (BIX) into the search box, which is marked in the graphic. Be certain of having selected the proper grouping, we've marked this also. Click on “BIX/BTC” to go ahead.
Step 4 – Buy Bibox Token (BIX) As soon as you have found Bibox Token (BIX), you will be presented with a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). For now we are going to make our own Limit Order. The field with the “Price” tag will be filled with the most up-to-date tariff Bibox Token (BIX) was sold for. You can change this to your favoured rate. The field with the “Amount” tag is the quantity of BIX you wish to buy. The field with the “Total” tag is the aggregated price in BTC that you'll pay for the whole amount of BIX. If you're happy, click on “Buy BIX”. Your plan will be filled when a Seller trades their BIX for the price you introduced.
Step 5 – Withdraw Bibox Token (BIX) Unless you are regularly trading, best advise is not to keep your crypto on an Exchange for an longer period of time. To withdraw your Bibox Token (BIX), hover over the tab called “Funds” and click on “Withdraw”. Bibox Token (BIX) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Bibox Token (BIX) by using the given drop-down box. Enter the amount of Bibox Token (BIX) you would like to withdraw. Take into account the shown fees/minimums. Also make sure you have filled your precise withdraw address. If you're glad, click “Submit”. You may be requested for verfication via phone/email before a withdrawal.