A Step-by-Step-Guide on how to buy Bitcoinus (BITS)
Step 1 – Join CEX.io You will first need to purchase units of the bigger coins. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Click the button below for registration and receive BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Transmit Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Exchange Your Bitcoin or Ethereum will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is identical. Bitcoinus (BITS) is accessible on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Just follow these easy steps) Make sure you have chosen the precise coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so on. If you're using a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our manual).
Step 3 – Locate (BITS) Bitcoinus As soon as your deposit has been confirmed, you'll immediately have access to your assets and you can initiate purchasing and trading. To purchase (BITS) Bitcoinus on Binance, you'll want to hover over the tab which is called “Exchange” and after that click on “Basic”. To discover (BITS) Bitcoinus, you'll need to put the shortname of the coin (BITS) into the search-box, which is marked in the picture. Make sure you have choosen the correct grouping, we've marked this also. Click on “BITS/BTC” to go ahead.
Step 4 – Purchase (BITS) Bitcoinus As soon as you have discovered (BITS) Bitcoinus, you'll be given a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). For now we are going to create our Limit Order. The field with the “Price” tag will be filled with the up-to-date rate (BITS) Bitcoinus was traded for. You can change this to your favoured price. The field with the “Amount” tag is the quantity of BITS you like to purchase. The ”Total” field is the aggregated price in BTC that you will settle for the whole quantity of BITS. If you're glad, make a mouse click on “Buy BITS”. Your order will be filled when a Vendor trades their BITS for the price you offered.
Step 5 – Withdraw Bitcoinus (BITS) Unless you are regularly trading, never keep your crypto coins on an Exchange for an extended period of time. To withdraw your Bitcoinus (BITS), go to the ”Funds” tab and mouse click on “Withdraw”. Bitcoinus (BITS) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Bitcoinus (BITS) by using the provided drop-down box. Put into the quantity of Bitcoinus (BITS) you would wish to withdraw. Take into account the displayed minimus/fees. Also make sure you have filled your correct withdraw address. If you are glad, click on “Submit”. You may be requested for verfication via phone/email ahead of a take off.