How to Buy BitcoinPoS (BPS)

A Step-by-Step-Guide on how to buy BitcoinPoS (BPS)

Step 1 – Signup to Coinbase – Get Free $10

In the beginning you'll need to buy one of the major coins. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Follow the Link below for registration and receive your welcome 10 Dollar.

Coinbase Free Bitcoin

Binance Signup
Step 2 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Exchange

Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. BitcoinPoS (BPS) is obtainable on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Crypto Exchange? (Follow these easy steps)

Make sure you've chosen the right coin you want to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etc. If you are working with a decentralized exchange, like Airswap or DDEX could be divergent (Follow our how-to).

Step 3 – Locate (BPS) BitcoinPoS

Once your deposit has been verified, you'll instantly have access to your assets and you can start purchasing and trading. To purchase (BPS) BitcoinPoS on Binance, you'll want to go to the tab which is called “Exchange” and then click on “Basic”.

In order to find (BPS) BitcoinPoS, you'll need to put the short name of the asset (BPS) into the search-box, which is marked in the image. Be certain of having selected the correct grouping, we've marked this also. Click on “BPS/BTC” to proceed.

Binance Hot To Buy BitcoinPoS (BPS)
Binance How to Buy (BPS) BitcoinPoS
Step 4 – Buying BitcoinPoS (BPS)

Once you've spotted BitcoinPoS (BPS), you'll be given a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). For now we are going to make our own Limit Order.

The ”Price” field will be filled with the recent valuation BitcoinPoS (BPS) was sold for. You can change this to your preferred price. The ”Amount” field is the volumen of BPS you wish to purchase. The field with the “Total” tag is the aggregated price in BTC that you will settle for the complete volumen of BPS.

When you're satisfied, click on “Buy BPS”. Your order will be filled when a Vendor sells their BPS for the price you introduced.

Step 5 – Withdraw (BPS) BitcoinPoS

Unless you're frequently trading, never keep your crypto coins on an Crypto Exchange for an extensive period of time. In order to withdraw your (BPS) BitcoinPoS, go to the tab called “Funds” and mouse click on “Withdraw”. (BPS) BitcoinPoS can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (BPS) BitcoinPoS by using the given drop-down box. Put into the volumen of (BPS) BitcoinPoS you'd wish to withdraw. Take into account the demonstrated fees/minimums. Also make sure you have entered your precise withdraw address.

When you're satisfied, click “Submit”. You could be asked for verfication via email/phone before a take off.

Binance Withdraw

Kudos! You have successfully bought and safed (BPS) BitcoinPoS.

That's it!

Take offs from Exchange can durate anywhere from 1 – 30 minutes (depending on network usage). Once you've proved your withdrawal with Ethplorer.io or Etherscan.io and the (BPS) BitcoinPoS is stored inside your wallet, you are done.