A Step-by-Step-Guide on how to buy Bitcoin Monkey (BTCM)
Step 1 – Join CEX.io You'll first need to purchase one of the major coins. Exchanges normally accept either Bitcoin or Ethereum in exchange for Altcoins. Follow the Link below for registration and receive Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Cryptocurrency Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is alike. Bitcoin Monkey (BTCM) is accessible on Binance, so we will use that as an illustration. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this how-to) Make sure you've chosen the exact coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etc. In the case you are working with a decentralized exchange, like Airswap or DDEX could be different (Follow our how-to).
Step 3 – Locate (BTCM) Bitcoin Monkey As soon as your deposit has been affirmed, you'll now have access to your assets and you can commence invest and trading. To buy (BTCM) Bitcoin Monkey on Binance, you'll want to hover over the tab which is called “Exchange” and then mouse click on “Basic”. To spot (BTCM) Bitcoin Monkey, you'll need to insert the short name of the asset (BTCM) into the search-box, which is highlighted in the image. Be certain of having choosen the right pairing, we have highlighted this also. Click on “BTCM/BTC” to go ahead.
Step 4 – Acquisition of Bitcoin Monkey (BTCM) Once you've found Bitcoin Monkey (BTCM), you'll be given a Price Chart (in the Center of the image) and some Order Books (on the Left of the image). For now we are making our own Limit Order. The field with the “Price” tag will be filled with the most up-to-date tariff Bitcoin Monkey (BTCM) was sold for. You can change this to your desired rate. The field with the “Amount” tag is the amount of BTCM you wish to buy. The ”Total” field is the aggregated price in BTC that you'll pay for the complete amount of BTCM. When you are satisfied, make a mouse click on “Buy BTCM”. Your plan will be filled as soon as a Vender trades their BTCM for the price you introduced.
Step 5 – Withdraw (BTCM) Bitcoin Monkey Unless you are trading, best advise is not to keep crypto on an Crypto Trader for an longer period of time. To take off your (BTCM) Bitcoin Monkey, go to the ”Funds” tab and mouse click on “Withdraw”. (BTCM) Bitcoin Monkey can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate (BTCM) Bitcoin Monkey by using the provided drop-down box. Put into the amount of (BTCM) Bitcoin Monkey you would wish to take off. Take into account the presented fees/minimums. Also make sure you have filled your right withdraw address. If you are happy, click “Submit”. You may be requested for verfication via phone/email ahead of a withdrawal.