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.

Step 2 – Transfer Your Funds to an Exchange

Your Bitcoin or Ethereum has to be sent over to an Exchange now. All exchanges have a deposit form that is identical. Bismuth (BIS) is obtainable on Binance, so we will use that as an illustration. Unsure on how to send funds from Coinbase to an Crypto Trader? (Just follow these easy steps)

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

BTC must be sent to a BTC deposit address, Ethereum to an ETH deposit address, and so on. If you are working with a decentralized exchange, like Airswap or DDEX could be divergent (Just follow these easy steps).

Step 3 – Find Bismuth (BIS)

As soon as your deposit has been affirmed, you'll immediately have access to your finances and you can initiate purchasing and trading. To buy Bismuth (BIS) on Binance, you'll want to hover over the ”Exchange” tab and then click on “Basic”.

To find Bismuth (BIS), you'll need to insert the shortname of the coin (BIS) into the search-box, which is marked in the picture. Be certain of having selected the right pairing, we have marked this also. Click on “BIS/BTC” to continue.

Step 4 – Buying Bismuth (BIS)

Once you have spotted Bismuth (BIS), you'll be presented with a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). And now we're creating our own Limit Order.

The ”Price” field will be filled with the most up-to-date tariff Bismuth (BIS) was sold for. You can change this to your desired price. The field with the “Amount” tag is the volumen of BIS you wish to purchase. The ”Total” field is the whole price in BTC that you'll settle for the complete volumen of BIS.

If you are glad, make a mouse click on “Buy BIS”. Your order will be filled when a Seller trades their BIS for the price you introduced.

Step 5 – Withdraw Bismuth (BIS)

Unless you're frequently trading, best advise is not to keep your coins on an Crypto Exchange for an extended time frame. In order to take off your Bismuth (BIS), hover over the tab called “Funds” and click on “Withdraw”. Bismuth (BIS) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find Bismuth (BIS) by using the given drop-down box. Drop in the amount of Bismuth (BIS) you would wish to withdraw. Don't forget the demonstrated minimus/fees. Also make sure you have entered your correct withdraw address.

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