A Step-by-Step-Guide on how to buy Bitcoin Confidential (BC)
Step 1 – Signup to Kraken You will first need to buy one of the top-tier coins. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Click below to register and receive BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Send Your Funds to an Crypto Trader 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 alike. Bitcoin Confidential (BC) is available on Binance, so we're going to use that as an example. Unsure on how to send Coinbase funds to an Crypto Trader? (Follow this how-to) Make sure you have chosen the correct coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so forth. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our manual).
Step 3 – Find Bitcoin Confidential (BC) Once your deposit has been verified, you'll instantly have access to your finances and you can start invest and trading. To purchase Bitcoin Confidential (BC) on Binance, you'll want to hover over the ”Exchange” tab and then mouse click on “Basic”. To find Bitcoin Confidential (BC), you'll need to put the cointype (BC) into the search box, which is highlighted in the graphic. Make sure you have choosen the correct pairing, we have highlighted this too. Click on “BC/BTC” to continue.
Step 4 – Acquisition of Bitcoin Confidential (BC) After you have spotted Bitcoin Confidential (BC), you'll be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). For now we're going to create our Limit Order. The field with the “Price” tag will be filled automatically with the recent tariff Bitcoin Confidential (BC) was sold for. This can be changed to your favoured price. The field with the “Amount” tag is the volumen of BC you want to purchase. The field with the “Total” tag is the whole price in BTC that you'll settle for the complete volumen of BC. When you are happy, click on “Buy BC”. Your order will be filled when a Seller trades their BC for the price you gave.
Step 5 – Withdraw Bitcoin Confidential (BC) Unless you are regularly trading, never keep your crypto on an Exchange for an extensive time period. To withdraw your Bitcoin Confidential (BC), go to the ”Funds” tab and mouse click on “Withdraw”. Bitcoin Confidential (BC) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Bitcoin Confidential (BC) by using the given drop-down box. Drop in the volumen of Bitcoin Confidential (BC) you would wish to withdraw. Don't forget the presented fees/minimums. Also make sure you have entered your right withdraw address. If you are satisfied, click on “Submit”. You could be asked for verfication via email/phone before a take off.