A Step-by-Step-Guide on 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 – Transmit Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is alike. Bitcoin 2 (BTC2) 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? (Follow this manual) Make sure you've selected the precise coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so on. If you are working with a decentralized exchange, like Airswap or DDEX could be different (Follow our guide).
Step 3 – Find Bitcoin 2 (BTC2) As soon as your deposit has been verified, you'll directly have access to your funds and you can commence invest and trading. To buy Bitcoin 2 (BTC2) on Binance, you'll want to go to the tab which is called “Exchange” and then click on “Basic”. In order to locate Bitcoin 2 (BTC2), you'll need to insert the cointype (BTC2) into the search box, which is highlighted in the picture. Make sure you have selected the proper grouping, we have highlighted this also. Click on “BTC2/BTC” to go on.
Step 4 – Purchasing Bitcoin 2 (BTC2) As soon as you've located Bitcoin 2 (BTC2), you'll be given a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the picture). Next we're making our Limit Order. The ”Price” field will be filled automatically with the recent tariff Bitcoin 2 (BTC2) was traded for. This can be changed to your favoured price. The field with the “Amount” tag is the amount of BTC2 you wish to purchase. The ”Total” field is the whole price in Bitcoin that you will settle for the complete amount of BTC2. If you are satisfied, click on “Buy BTC2”. Your order will be filled as soon as a Seller sells their BTC2 for the price you introduced.
Step 5 – Withdraw Bitcoin 2 (BTC2) Unless you are regularly trading, never keep your crypto coins on an Crypto Exchange for an extensive period of time. In order to withdraw your Bitcoin 2 (BTC2), hover over the tab called “Funds” and mouse click on “Withdraw”. Bitcoin 2 (BTC2) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Bitcoin 2 (BTC2) by using the provided drop-down box. Put into the amount of Bitcoin 2 (BTC2) you would like to withdraw. Don't forget the displayed fees/minimums. Also make sure you have filled your precise withdraw address. If you are satisfied, make a mouse click on “Submit”. You may be requested for verfication via email/phone before a withdrawal.