A Step-by-Step-Guide on how to buy Bitcoin Zero (BZX)
Step 1 – Signup to Kraken You will first need to buy units of the major currencies. Exchanges usually accept either Ethereum or Bitcoin in exchange for Altcoins. Click below to register and receive Bitcoin or Ethereum.
Step 2 – Transfer Your Bitcoin or Ethereum to an Cryptocurrency Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Exchange now. Every exchange has a deposit form that is identical. Bitcoin Zero (BZX) is available on Binance, so we will use that as an illustration. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this manual) Make sure you've selected the right coin you wish to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so forth. If you are working with a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our manual).
Step 3 – Find Bitcoin Zero (BZX) Once your deposit has been affirmed, you will immediately have access to your finances and you can launch purchasing and trading. To invest in Bitcoin Zero (BZX) on Binance, you'll want to go to the tab which is called “Exchange” and then mouse click on “Basic”. In order to spot Bitcoin Zero (BZX), you will need to insert the shortname of the coin (BZX) into the search-box, which is highlighted in the graphic. Be certain of having choosen the correct pairing, we have highlighted this too. Click on “BZX/BTC” to proceed.
Step 4 – Acquisition of Bitcoin Zero (BZX) As soon as you have located Bitcoin Zero (BZX), you'll be given a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the image). And now we're going to make our own Limit Order. The ”Price” field will be automatically filled with the most recent tariff Bitcoin Zero (BZX) was sold for. This can be changed to your favoured rate. The ”Amount” field is the volumen of BZX you want to purchase. The field with the “Total” tag is the aggregated price in Bitcoin that you'll pay for the complete volumen of BZX. If you are glad, make a mouse click on “Buy BZX”. Your plan will be filled when a Seller sells their BZX for the price you offered.
Step 5 – Withdraw Bitcoin Zero (BZX) Unless you are regularly trading, best advise is not to keep your coins on an Exchange for an extensive time period. To take off your Bitcoin Zero (BZX), hover over the ”Funds” tab and click on “Withdraw”. Bitcoin Zero (BZX) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Bitcoin Zero (BZX) by using the provided drop-down box. Enter the quantity of Bitcoin Zero (BZX) you would wish to take off. Take into account the displayed minimus/fees. Also make sure you have entered your correct withdraw address. When you are happy, click on “Submit”. You may be asked for phone/email verification before a withdrawal.