A Step-by-Step-Guide on how to buy Bitcoin Platinums (BCP)
Step 1 – Join Kraken You will first need to purchase units of the major currencies. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Follow the Link below to register and to get BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Transmit Your Funds to an Exchange Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Exchange now. All exchanges have a deposit form that is alike. Bitcoin Platinums (BCP) is obtainable on Binance, so we will use that as an illustration. Not sure on how to send Coinbase funds to an Exchange? (Follow this guide) Make sure you have chosen the precise coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etcetera. If you're working with a decentralized exchange, such as Airswap or DDEX could be different (Follow our manual).
Step 3 – Locate Bitcoin Platinums (BCP) As soon as your deposit has been approved, you'll now have access to your funds and you can initiate buying and trading. To buy Bitcoin Platinums (BCP) on Binance, you'll want to go to the ”Exchange” tab and then mouse click on “Basic”. In order to locate Bitcoin Platinums (BCP), you'll need to put the short name of the asset (BCP) into the search box, which is marked in the image. Make sure you have choosen the correct pairing, we have marked this also. Click on “BCP/BTC” to progress.
Step 4 – Acquisition of Bitcoin Platinums (BCP) As soon as you've discovered Bitcoin Platinums (BCP), you will be presented with a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). Next we're going to make our own Limit Order. The ”Price” field will be filled with the most latest rate Bitcoin Platinums (BCP) was sold for. This can be changed to your preferred rate. The field with the “Amount” tag is the amount of BCP you wish to buy. The ”Total” field is the total price in Bitcoin that you will settle for the whole amount of BCP. If you're glad, click on “Buy BCP”. Your order will be filled when a Seller trades their BCP for the price you gave.
Step 5 – Withdraw Bitcoin Platinums (BCP) Unless you are regularly trading, you should never keepyour crypto on an Exchange for an extended time frame. In order to take off your Bitcoin Platinums (BCP), go to the tab called “Funds” and mouse click on “Withdraw”. Bitcoin Platinums (BCP) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Bitcoin Platinums (BCP) by using the provided drop-down box. Put into the amount of Bitcoin Platinums (BCP) you'd like to take off. Take into account the displayed minimus/fees. Also make sure you have entered your correct withdraw address. When you are satisfied, click “Submit”. You could be asked for email/phone verification before a take off.