How to Buy BitCoen (BEN)

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

Step 1 – Join CEX.io

You'll first need to purchase one of the major coins. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Follow the Link below for registration and getting BTC (Bitcoin) or ETH (Ethereum).

Binance Signup
Step 2 – Transmit Your Funds to an Crypto Exchange

Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is similar. BitCoen (BEN) is obtainable on Binance, so we're going to use that as an sample. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this guide)

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

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etc. In the case you're using a decentralized exchange, like Airswap or DDEX could be opposed (Just follow these easy steps).

Step 3 – Locate (BEN) BitCoen

Once your deposit has been verified, you'll instantly have access to your funds and you can commence purchasing and trading. To buy (BEN) BitCoen on Binance, you'll want to hover over the tab which is called “Exchange” and then click on “Basic”.

To spot (BEN) BitCoen, you'll need to insert the cointype (BEN) into the search-box, which is marked in the picture. Make sure you have choosen the proper grouping, we have marked this too. Click on “BEN/BTC” to go on.

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

As soon as you have spotted BitCoen (BEN), you will be given a Chart with Prices (in the Center of the picture) 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 latest valuation BitCoen (BEN) was sold for. You can change this to your favoured price. The ”Amount” field is the quantity of BEN you wish to purchase. The ”Total” field is the aggregated price in BTC that you will settle for the complete quantity of BEN.

If you're satisfied, click on “Buy BEN”. Your plan will be filled when a Vendor trades their BEN for the price you offered.

Step 5 – Withdraw (BEN) BitCoen

Unless you're frequently trading, best advise is not to keep crypto on an Crypto Exchange for an extended time period. To withdraw your (BEN) BitCoen, go to the tab called “Funds” and mouse click on “Withdraw”. (BEN) BitCoen can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find (BEN) BitCoen by using the provided drop-down box. Enter the amount of (BEN) BitCoen you'd like to withdraw. Take into account the displayed fees/minimums. Also make sure you have entered your precise withdraw address.

If you're glad, click on “Submit”. You may be asked for phone/email verification ahead of a take off.

Binance Withdraw

Kudos! You have successfully purchased and safed (BEN) BitCoen.

That's it!

Withdrawals from Exchange can durate anywhere from 1 – 30 minutes (rely on usage of the network). Once you have proved your withdrawal using Etherscan.io or Ethplorer.io and the (BEN) BitCoen is safe inside your wallet, you are done.