A Step-by-Step-Guide on how to buy Bitbar (BTB)
Step 1 – Join Kraken In the beginning you'll need to buy units of the bigger currencies. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Follow the Link below for registration and getting Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Transfer Your Ethereum or Bitcoin to an Crypto Exchange Your Bitcoin or Ethereum will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is similar. Bitbar (BTB) is available on Binance, so we're going to use that as an illustration. Not sure on how to send Coinbase funds to an Crypto Exchange? (Follow this guide) Make sure you have selected the right coin you want to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so forth. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Follow our manual).
Step 3 – Find Bitbar (BTB) As soon as your deposit has been confirmed, you'll now have access to your finances and you can start buying and trading. To buy Bitbar (BTB) on Binance, you'll want to hover over the ”Exchange” tab and click on “Basic”. In order to locate Bitbar (BTB), you'll need to put the cointype (BTB) into the search box, which is marked in the image. Be certain of having selected the right pairing, we have marked this also. Click on “BTB/BTC” to go on.
Step 4 – Purchasing Bitbar (BTB) Once you have discovered Bitbar (BTB), you'll be presented with a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). Next we're going to create our own Limit Order. The ”Price” field will be automatically filled with the most up-to-date tariff Bitbar (BTB) was traded for. This can be changed to your desired rate. The ”Amount” field is the volumen of BTB you like to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you will settle for the whole volumen of BTB. If you are glad, make a mouse click on “Buy BTB”. Your plan will be filled when a Vendor trades their BTB for the price you introduced.
Step 5 – Withdraw Bitbar (BTB) Unless you're frequently trading, best advise is not to keep your crypto on an Crypto Exchange for an extended time frame. To take off your Bitbar (BTB), go to the ”Funds” tab and mouse click on “Withdraw”. Bitbar (BTB) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Bitbar (BTB) by using the provided drop-down box. Drop in the amount of Bitbar (BTB) you'd like to take off. Take into account the shown fees/minimums. Also make sure you have filled your correct withdraw address. If you're glad, make a mouse click on “Submit”. You could be asked for verfication via phone/email ahead of a withdrawal.