A Step-by-Step-Guide on how to buy BitCoin One (BTCONE)
Step 1 – Signup to Kraken You'll first need to purchase units of the top-tier currencies. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Click below for registration and receive Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transfer Your Funds to an Crypto Exchange Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is alike. BitCoin One (BTCONE) is available on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Crypto Exchange? (Follow this manual) Make sure you've chosen the precise coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etcetera. If you're working with a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our guide).
Step 3 – Locate BitCoin One (BTCONE) As soon as your deposit has been confirmed, you'll directly have access to your finances and you can commence buying and trading. To purchase BitCoin One (BTCONE) on Binance, you'll want to hover over the tab which is called “Exchange” and click on “Basic”. To find BitCoin One (BTCONE), you'll need to put the shortname of the coin (BTCONE) into the search box, which is marked in the graphic. Be certain of having choosen the correct pairing, we've marked this too. Click on “BTCONE/BTC” to progress.
Step 4 – Purchase BitCoin One (BTCONE) After you've found BitCoin One (BTCONE), you'll be given a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). Next we are making our own Limit Order. The ”Price” field will be automatically filled with the latest tariff BitCoin One (BTCONE) was sold for. You can change this to your preferred rate. The field with the “Amount” tag is the amount of BTCONE you wish to purchase. The ”Total” field is the aggregated price in BTC that you will pay for the whole amount of BTCONE. If you're happy, click on “Buy BTCONE”. Your plan will be filled as soon as a Vendor trades their BTCONE for the price you submitted.
Step 5 – Withdraw BitCoin One (BTCONE) Unless you're regularly trading, best advise is not to keep coins on an Cryptocurrency Exchange for an longer period of time. To take off your BitCoin One (BTCONE), go to the tab called “Funds” and mouse click on “Withdraw”. BitCoin One (BTCONE) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find BitCoin One (BTCONE) by using the given drop-down box. Drop in the amount of BitCoin One (BTCONE) you'd like to take off. Don't forget the presented fees/minimums. Also make sure you have filled your right withdraw address. When you're satisfied, make a mouse click on “Submit”. You could be asked for email/phone verification before a take off.