A Step-by-Step-Guide on how to buy Birake (BIR)
Step 1 – Join Coinbase – Get Free $10 In the beginning you'll need to purchase one of the major currencies. Exchanges normally accept either Ethereum or Bitcoin in exchange for alternative Coins. Click below for registration and to get your first $10.
Step 2 – Transmit Your Bitcoin (BTC) or Ethereum (ETH) to an Cryptocurrency Exchange Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. Birake (BIR) is available 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 selected the correct coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etc. In the case you are using a decentralized exchange, like Airswap or DDEX could be divergent (Follow our manual).
Step 3 – Find Birake (BIR) Once your deposit has been confirmed, you'll immediately have access to your funds and you can initiate buying and trading. To purchase Birake (BIR) on Binance, you'll want to hover over the ”Exchange” tab and mouse click on “Basic”. In order to find Birake (BIR), you'll need to insert the short name of the asset (BIR) into the search box, which is marked in the image. Make sure you have choosen the correct grouping, we have marked this also. Click on “BIR/BTC” to progress.
Step 4 – Purchase Birake (BIR) After you have discovered Birake (BIR), you will be presented with a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). Next we're going to make our Limit Order. The field with the “Price” tag will be filled automatically with the most up-to-date valuation Birake (BIR) was traded for. You can change this to your preferred price. The ”Amount” field is the volumen of BIR you want to buy. The field with the “Total” tag is the total price in Bitcoin that you'll pay for the whole volumen of BIR. When you're glad, make a mouse click on “Buy BIR”. Your plan will be filled when a Seller trades their BIR for the price you gave.
Step 5 – Withdraw Birake (BIR) Unless you are regularly trading, never keep your crypto on an Exchange for an extensive period of time. In order to take off your Birake (BIR), hover over the tab called “Funds” and click on “Withdraw”. Birake (BIR) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Birake (BIR) by using the provided drop-down box. Put into the amount of Birake (BIR) you'd like to take off. Take into account the displayed minimus/fees. Also make sure you have entered your right withdraw address. When you are glad, click “Submit”. You could be asked for phone/email verification before a withdrawal.