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 – Send Your Ethereum (ETH) or Bitcoin (BTC) to an Exchange

Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Exchange now. All exchanges have a deposit form that is identical. Bibox Token (BIX) is obtainable on Binance, so we're going to use that as an illustration. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow these easy steps)

Make sure you have chosen the right coin you would like to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an ETH deposit address, and so on. In the case you're using a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our how-to).

Step 3 – Locate Bibox Token (BIX)

Once your deposit has been affirmed, you will directly have access to your funds and you can start buying and trading. To buy Bibox Token (BIX) on Binance, you'll want to go to the ”Exchange” tab and then mouse click on “Basic”.

In order to spot Bibox Token (BIX), you will need to put the shortname of the coin (BIX) into the search box, which is highlighted in the picture. Make sure you have choosen the right grouping, we've marked this too. Click on “BIX/BTC” to proceed.

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

Once you have spotted Bibox Token (BIX), you'll be given a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). For now we are creating our own Limit Order.

The ”Price” field will be filled with the most latest price Bibox Token (BIX) was traded for. You can change this to your preferred rate. The field with the “Amount” tag is the quantity of BIX you wish to buy. The ”Total” field is the total price in Bitcoin that you will settle for the complete amount of BIX.

If you are glad, make a mouse click on “Buy BIX”. Your order will be filled as soon as a Seller trades their BIX for the price you offered.

Step 5 – Withdraw Bibox Token (BIX)

Unless you are regularly trading, best advise is not to keep coins on an Cryptocurrency Exchange for an extended period of time. To withdraw your Bibox Token (BIX), hover over the tab called “Funds” and mouse click on “Withdraw”. Bibox Token (BIX) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find Bibox Token (BIX) by using the given drop-down box. Put into the volumen of Bibox Token (BIX) you'd wish to withdraw. Don't forget the displayed fees/minimums. Also make sure you have filled your correct withdraw address.

When you are glad, click on “Submit”. You could be requested for email/phone verification ahead of a withdrawal.

Binance Withdraw

Congratulations! You have successfully purchased and stored Bibox Token (BIX).

That's it!

Take offs from Exchange can durate anywhere from 1 – 30 minutes (rely on network usage). As soon as you have confirmed your take off with Ethplorer.io or Etherscan.io and the (BIX) Bibox Token is safe within your wallet, you're done.

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