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 Cryptocurrency Exchange

Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is similar. Bismuth (BIS) is accessible on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this guide)

Make sure you have selected the right coin you would like to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an ETH deposit address, etcetera. In the case you are working with a decentralized exchange, like Airswap or DDEX could be different (Follow these easy steps).

Step 3 – Find Bismuth (BIS)

As soon as your deposit has been verified, you'll now have access to your funds and you can start purchasing and trading. To purchase Bismuth (BIS) on Binance, you will want to hover over the tab which is called “Exchange” and then mouse click on “Basic”.

In order to find Bismuth (BIS), you'll need to put the shortname of the coin (BIS) into the search box, which is highlighted in the picture. Be certain of having choosen the proper pairing, we have marked this too. Click on “BIS/BTC” to continue.

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

As soon as you have spotted Bismuth (BIS), you'll be given a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the picture). And now we're making our own Limit Order.

The field with the “Price” tag will be filled with the most up-to-date tariff Bismuth (BIS) was traded for. This can be changed to your favoured price. The field with the “Amount” tag is the amount of BIS you want to purchase. The field with the “Total” tag is the whole price in Bitcoin that you will settle for the complete volumen of BIS.

When you're satisfied, click on “Buy BIS”. Your order will be filled when a Seller sells their BIS for the price you submitted.

Step 5 – Withdraw Bismuth (BIS)

Unless you are regularly trading, best advise is not to keep your coins on an Exchange for an extensive time period. In order to take off your Bismuth (BIS), hover over the ”Funds” tab and mouse click on “Withdraw”. Bismuth (BIS) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find Bismuth (BIS) by using the given drop-down box. Put into the volumen of Bismuth (BIS) you would like to withdraw. Don't forget the displayed fees/minimums. Also make sure you have entered your precise withdraw address.

When you are happy, click “Submit”. You could be requested for verfication via phone/email ahead of a take off.

Binance Withdraw

Congrats! You've successfully bought and safed Bismuth (BIS).

That's it!

Withdrawals from Crypto Exchange can take anywhere from 1 – 30 minutes (rely on network usage). Once you have proved your withdrawal with Etherscan.io or Ethplorer.io and the (BIS) Bismuth is stored within your wallet, you are all done.

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