How to Buy BitCoen (BEN)

A Step-by-Step-Guide on how to buy BitCoen (BEN)

Step 1 – Signup to Kraken

You will first need to purchase units of the bigger coins. Exchanges normally accept either Bitcoin or Ethereum in exchange for alternative Coins. Click the button below to register and to get Bitcoin (BTC) or Ethereum (ETH).

Binance Signup
Step 2 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Cryptocurrency Exchange

Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. BitCoen (BEN) is accessible on Binance, so we're going to use that as an example. Unsure on how to send Coinbase funds to an Exchange? (Just follow this guide)

Make sure you've chosen the precise coin you would like to deposit.

BTC must be sent to a BTC deposit address, ETH to an Ethereum deposit address, and so forth. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be different (Follow our guide).

Step 3 – Find BitCoen (BEN)

Once your deposit has been approved, you will instantly have access to your funds and you can begin invest and trading. To buy BitCoen (BEN) on Binance, you will want to hover over the ”Exchange” tab and then click on “Basic”.

To locate BitCoen (BEN), you will need to put the cointype (BEN) into the search box, which is marked in the image. Be certain of having choosen the proper pairing, we have marked this too. Click on “BEN/BTC” to advance.

Binance Hot To Buy BitCoen (BEN)
Binance How to Buy (BEN) BitCoen
Step 4 – Acquisition of BitCoen (BEN)

After you've discovered BitCoen (BEN), you'll be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the picture). And now we're going to create our own Limit Order.

The field with the “Price” tag will be filled automatically with the most recent valuation BitCoen (BEN) was sold for. You can change this to your favoured rate. The field with the “Amount” tag is the amount of BEN you like to buy. The ”Total” field is the total price in Bitcoin that you will pay for the whole amount of BEN.

When you are happy, make a mouse click on “Buy BEN”. Your plan will be filled as soon as a Seller trades their BEN for the price you gave.

Step 5 – Withdraw BitCoen (BEN)

Unless you're regularly trading, never keep your crypto on an Crypto Exchange for an longer time period. In order to withdraw your BitCoen (BEN), hover over the tab called “Funds” and click on “Withdraw”. BitCoen (BEN) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate BitCoen (BEN) by using the given drop-down box. Drop in the quantity of BitCoen (BEN) you would like to take off. Don't forget the presented fees/minimums. Also make sure you have entered your precise withdraw address.

If you're satisfied, click “Submit”. You could be requested for email/phone verification before a withdrawal.

Binance Withdraw

Kudos! You've successfully bought and safed BitCoen (BEN).

That's it!

Take offs from Crypto Exchange can take anywhere from 1 – 30 minutes (depending on usage of the network). As soon as you've proved your take off using Ethplorer.io or Etherscan.io and the (BEN) BitCoen is safe inside your wallet, you're all done.

Some other Guides on How to buy Coins

How to Buy BuzzCoin
How to Buy ITOChain Token
How to Buy Coins
/* */ Generated by MPG