A Step-by-Step-Guide on how to buy BitCoen (BEN)
Step 1 – Join Coinbase and recieve 10$ for free You will first need to buy units of the bigger currencies. Exchanges normally accept either Ethereum or Bitcoin in exchange for Altcoins. Click the button below for registration and to get your first 10 Dollar.
Step 2 – Send Your ETH (Ethereum) or BTC (Bitcoin) to an Exchange Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Exchange now. Every exchange has a deposit form that is similar. BitCoen (BEN) is accessible on Binance, so we're going to use that as an illustration. Not sure on how to send Coinbase funds to an Exchange? (Follow this manual) 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, etcetera. In the case you are using a decentralized exchange, like Airswap or DDEX could be divergent (Follow our how-to).
Step 3 – Find BitCoen (BEN) Once your deposit has been confirmed, you will immediately have access to your assets and you can start purchasing and trading. To buy BitCoen (BEN) on Binance, you will want to go to the tab which is called “Exchange” and then click on “Basic”. To discover BitCoen (BEN), you will need to insert the shortname of the coin (BEN) into the search box, which is highlighted in the picture. Make sure you have choosen the correct pairing, we've highlighted this too. Click on “BEN/BTC” to continue.
Step 4 – Purchasing BitCoen (BEN) Once you've spotted BitCoen (BEN), you'll be given a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). Next we're going to create our Limit Order. The ”Price” field will be automatically filled with the up-to-date valuation BitCoen (BEN) was sold for. You can change this to your favoured price. The field with the “Amount” tag is the amount of BEN you like to purchase. The ”Total” field is the whole price in BTC that you will settle for the complete amount of BEN. If you are satisfied, make a mouse click on “Buy BEN”. Your order will be filled as soon as a Vendor trades their BEN for the price you offered.
Step 5 – Withdraw (BEN) BitCoen Unless you are frequently trading, best advise is not to keep your crypto on an Crypto Exchange for an extensive period of time. To withdraw your (BEN) BitCoen, go to the tab called “Funds” and mouse click on “Withdraw”. (BEN) BitCoen can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate (BEN) BitCoen by using the provided drop-down box. Put into the volumen of (BEN) BitCoen you would wish to withdraw. Don't forget the displayed minimus/fees. Also make sure you have entered your right withdraw address. If you are glad, click “Submit”. You could be asked for email/phone verification ahead of a take off.