A Step-by-Step-Guide on how to buy Bitcloud (BTDX)
Step 1 –
Signup to Kraken
You will first need to purchase units of the major currencies. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Click below for registration and to get Bitcoin or Ethereum.
Step 2 –
Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Trader
Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is alike. Bitcloud (BTDX) is obtainable on Binance, so we will use that as an sample. Unsure on how to send funds from Coinbase to an Exchange? (Just follow these easy steps)
Make sure you have selected the correct coin you wish to deposit.
Bitcoin must be sent to a Bitcoin 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 unlike (Follow our guide).
Step 3 –
Find Bitcloud (BTDX)
Once your deposit has been verified, you will directly have access to your funds and you can start buying and trading. To purchase Bitcloud (BTDX) on Binance, you'll want to go to the tab which is called “Exchange” and then mouse click on “Basic”.
In order to find Bitcloud (BTDX), you'll need to insert the short name of the asset (BTDX) into the search-box, which is highlighted in the image. Make sure you have selected the right pairing, we have highlighted this also. Click on “BTDX/BTC” to advance.
Step 4 –
Purchasing Bitcloud (BTDX)
As soon as you've located Bitcloud (BTDX), you will be given a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). And now we're going to make our own Limit Order.
The ”Price” field will be filled automatically with the most up-to-date tariff Bitcloud (BTDX) was traded for. This can be changed to your favoured rate. The field with the “Amount” tag is the quantity of BTDX you like to purchase. The field with the “Total” tag is the whole price in Bitcoin that you'll settle for the complete quantity of BTDX.
When you are happy, click on “Buy BTDX”. Your plan will be filled when a Seller trades their BTDX for the price you submitted.
Step 5 –
Withdraw Bitcloud (BTDX)
Unless you're regularly trading, you should never keepyour coins on an Crypto Trader for an extensive time frame. In order to take off your Bitcloud (BTDX), go to the ”Funds” tab and click on “Withdraw”. Bitcloud (BTDX) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)
Find Bitcloud (BTDX) by using the given drop-down box. Enter the amount of Bitcloud (BTDX) you would like to withdraw. Take into account the displayed fees/minimums. Also make sure you have filled your precise withdraw address.
If you are happy, click on “Submit”. You could be requested for email/phone verification before a take off.