How to Buy Bismuth (BIS)

A Step-by-Step-Guide on how to buy Bismuth (BIS)

Step 1 – Join Kraken

In the beginning you'll need to buy units of the major coins. Exchanges commonly accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Click below to register and getting Ethereum or Bitcoin.

Binance Signup
Step 2 – Transfer Your Ethereum or Bitcoin to an Exchange

Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is identical. Bismuth (BIS) is available on Binance, so we will use that as an sample. Unsure on how to send Coinbase funds to an Exchange? (Just follow this guide)

Make sure you've chosen the exact coin you wish to deposit.

BTC must be sent to a BTC deposit address, ETH to an Ethereum deposit address, etc. In the case you are dealing with a decentralized exchange, such as Airswap or DDEX could be different (Follow our manual).

Step 3 – Find Bismuth (BIS)

Once your deposit has been affirmed, you will directly have access to your funds and you can initiate invest and trading. To purchase Bismuth (BIS) on Binance, you will want to go to the tab which is called “Exchange” and then mouse click on “Basic”.

In order to find Bismuth (BIS), you will need to put the shortname of the coin (BIS) into the search-box, which is highlighted in the picture. Make sure you have selected the right grouping, we've marked this too. Click on “BIS/BTC” to go ahead.

Binance Hot To Buy Bismuth (BIS)
Binance How to Buy (BIS) Bismuth
Step 4 – Acquisition of Bismuth (BIS)

As soon as you have discovered Bismuth (BIS), you will be given a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). For now we are creating our own Limit Order.

The field with the “Price” tag will be filled automatically with the most up-to-date tariff Bismuth (BIS) was sold for. This can be changed to your favoured rate. The field with the “Amount” tag is the volumen of BIS you like to buy. The ”Total” field is the total price in Bitcoin that you'll pay for the whole quantity of BIS.

If you're satisfied, click on “Buy BIS”. Your order will be filled as soon as a Vendor trades their BIS for the price you gave.

Step 5 – Withdraw Bismuth (BIS)

Unless you are frequently trading, best advise is not to keep your crypto coins on an Crypto Exchange for an extensive period of time. To withdraw your Bismuth (BIS), hover over the tab called “Funds” and mouse click on “Withdraw”. Bismuth (BIS) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find Bismuth (BIS) by using the provided drop-down box. Enter the volumen of Bismuth (BIS) you'd wish to withdraw. Take into account the presented minimus/fees. Also make sure you have entered your right withdraw address.

If you are happy, click on “Submit”. You could be requested for verfication via email/phone ahead of a withdrawal.

Binance Withdraw

Congrats! You have successfully purchased and stored Bismuth (BIS).

That's it!

Withdrawals from Crypto Exchange can take between 1 – 30 minutes (rely on network usage). Once you've proved your withdrawal with Ethplorer.io or Etherscan.io and the (BIS) Bismuth is safe within your wallet, you are finished.

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