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 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Cryptocurrency Exchange Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Exchange now. All exchanges have a deposit form that is identical. Bibox Token (BIX) is accessible on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Crypto Trader? (Follow this guide) Make sure you've selected the precise coin you want to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, and so forth. If you are using a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our how-to).
Step 3 – Locate Bibox Token (BIX) As soon as your deposit has been verified, you will immediately have access to your finances and you can start buying and trading. To invest in Bibox Token (BIX) on Binance, you'll want to go to the ”Exchange” tab and after that click on “Basic”. To locate Bibox Token (BIX), you'll need to insert the short name of the asset (BIX) into the search-box, which is highlighted in the image. Make sure you have choosen the right grouping, we have highlighted this too. Click on “BIX/BTC” to go ahead.
Step 4 – Acquisition of Bibox Token (BIX) After you've located 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). And now we are going to create our own Limit Order. The field with the “Price” tag will be filled automatically with the most recent price Bibox Token (BIX) was traded for. This can be changed to your desired rate. The ”Amount” field is the volumen of BIX you wish to purchase. The field with the “Total” tag is the total price in Bitcoin that you will settle for the whole amount of BIX. If you're happy, click on “Buy BIX”. Your order will be filled as soon as a Vender sells their BIX for the price you gave.
Step 5 – Withdraw Bibox Token (BIX) Unless you're frequently trading, you should never keepyour crypto on an Crypto 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 safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Bibox Token (BIX) by using the given drop-down box. Enter the volumen of Bibox Token (BIX) you would wish to take off. Take into account the shown fees/minimums. Also make sure you have entered your correct withdraw address. When you're glad, click “Submit”. You may be asked for verfication via email/phone before a withdrawal.