A Step-by-Step-Guide on how to buy Bitcoin CZ (BCZ)
Step 1 – Join Kraken You'll first need to purchase units of the major currencies. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Click below to register and receive Ethereum or Bitcoin.
Step 2 – Send Your Ethereum or Bitcoin to an Exchange Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is identical. Bitcoin CZ (BCZ) is available on Binance, so we will use that as an sample. Unsure on how to send funds from Coinbase to an Exchange? (Follow this how-to) Make sure you've selected the precise coin you want to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, and so forth. If you're working with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our guide).
Step 3 – Find Bitcoin CZ (BCZ) Once your deposit has been confirmed, you'll immediately have access to your funds and you can start purchasing and trading. To purchase Bitcoin CZ (BCZ) on Binance, you will want to hover over the tab which is called “Exchange” and then click on “Basic”. To spot Bitcoin CZ (BCZ), you'll need to put the cointype (BCZ) into the search-box, which is highlighted in the picture. Make sure you have selected the proper pairing, we've highlighted this also. Click on “BCZ/BTC” to proceed.
Step 4 – Purchasing Bitcoin CZ (BCZ) Once you have found Bitcoin CZ (BCZ), you will be presented with a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). Next we are going to create our own Limit Order. The field with the “Price” tag will be filled with the most recent tariff Bitcoin CZ (BCZ) was traded for. This can be changed to your desired price. The field with the “Amount” tag is the quantity of BCZ you want to buy. The ”Total” field is the total price in Bitcoin that you will settle for the complete volumen of BCZ. When you are glad, click on “Buy BCZ”. Your plan will be filled as soon as a Seller trades their BCZ for the price you gave.
Step 5 – Withdraw Bitcoin CZ (BCZ) Unless you're frequently trading, never keep your coins on an Cryptocurrency Exchange for an longer time period. In order to take off your Bitcoin CZ (BCZ), go to the tab called “Funds” and mouse click on “Withdraw”. Bitcoin CZ (BCZ) can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Bitcoin CZ (BCZ) by using the given drop-down box. Put into the amount of Bitcoin CZ (BCZ) you would like to withdraw. Take into account the presented fees/minimums. Also make sure you have entered your correct withdraw address. If you are happy, make a mouse click on “Submit”. You could be requested for verfication via email/phone ahead of a take off.