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 Exchange Your Ethereum or Bitcoin will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. Bibox Token (BIX) is available on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Follow this manual) Make sure you've chosen the exact coin you would like to deposit. BTC must be sent to a BTC deposit address, Ethereum to an ETH deposit address, et cetera. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be different (Follow our how-to).
Step 3 – Find Bibox Token (BIX) Once your deposit has been affirmed, you'll directly have access to your finances and you can launch purchasing and trading. To buy Bibox Token (BIX) on Binance, you'll want to go to the tab which is called “Exchange” and after that click on “Basic”. In order to find Bibox Token (BIX), you will need to put the shortname of the coin (BIX) into the search-box, which is highlighted in the graphic. Make sure you have choosen the right grouping, we have marked this too. Click on “BIX/BTC” to go on.
Step 4 – Purchasing Bibox Token (BIX) Once you have discovered Bibox Token (BIX), you'll be given a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). And now we're creating our own Limit Order. The field with the “Price” tag will be filled automatically with the most latest valuation Bibox Token (BIX) was traded for. You can change this to your desired rate. The ”Amount” field is the volumen of BIX you want to purchase. The field with the “Total” tag is the whole price in BTC that you will settle for the complete amount of BIX. If you are satisfied, make a mouse click on “Buy BIX”. Your order will be filled when a Vender trades their BIX for the price you offered.
Step 5 – Withdraw Bibox Token (BIX) Unless you are frequently trading, best advise is not to keep your crypto coins on an Cryptocurrency Exchange for an extended time frame. In order 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, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Bibox Token (BIX) by using the provided drop-down box. Put into the volumen of Bibox Token (BIX) you'd like to take off. Don't forget the shown minimus/fees. Also make sure you have filled your correct withdraw address. If you are satisfied, click “Submit”. You could be asked for phone/email verification ahead of a take off.