How to Buy Bitcoin 2 (BTC2)

Step 1 – Join Kraken

You'll first need to buy units of the bigger currencies. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Follow the Link below to register and getting Ethereum or Bitcoin.

Step 2 – Send Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Exchange

Your Bitcoin or Ethereum will need to be sent over to an Exchange now. Every exchange has a deposit form that is alike. Bitcoin 2 (BTC2) is accessible on Binance, so we're going to use that as an illustration. Unsure on how to send Coinbase funds to an Crypto Trader? (Just follow these easy steps)

Make sure you have chosen the correct coin you would like to deposit.

BTC must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, etc. If you are using a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our how-to).

Step 3 – Find Bitcoin 2 (BTC2)

As soon as your deposit has been approved, you will directly have access to your finances and you can commence buying and trading. To buy Bitcoin 2 (BTC2) on Binance, you will want to go to the ”Exchange” tab and then mouse click on “Basic”.

In order to spot Bitcoin 2 (BTC2), you will need to put the short name of the asset (BTC2) into the search-box, which is marked in the image. Be certain of having selected the right pairing, we've marked this too. Click on “BTC2/BTC” to advance.

Step 4 – Acquisition of Bitcoin 2 (BTC2)

Once you have found Bitcoin 2 (BTC2), you'll be given a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). Next we are making our own Limit Order.

The ”Price” field will be filled with the most recent valuation Bitcoin 2 (BTC2) was traded for. You can change this to your favoured price. The ”Amount” field is the quantity of BTC2 you wish to purchase. The field with the “Total” tag is the total price in Bitcoin that you will pay for the complete volumen of BTC2.

If you're happy, make a mouse click on “Buy BTC2”. Your order will be filled when a Vendor trades their BTC2 for the price you offered.

Step 5 – Withdraw Bitcoin 2 (BTC2)

Unless you are regularly trading, you should never keepyour coins on an Exchange for an extended time period. To withdraw your Bitcoin 2 (BTC2), go to the ”Funds” tab and click on “Withdraw”. Bitcoin 2 (BTC2) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find Bitcoin 2 (BTC2) by using the provided drop-down box. Enter the amount of Bitcoin 2 (BTC2) you would wish to withdraw. Don't forget the presented minimus/fees. Also make sure you have filled your correct withdraw address.

When you're satisfied, make a mouse click on “Submit”. You may be asked for verfication via phone/email ahead of a withdrawal.