A Step-by-Step-Guide on how to buy BitcoinX (BCX)
Step 1 – Join Coinbase and get 10$ for free You'll first need to buy one of the major currencies. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Click the button below for registration and receive your welcome 10 Dollar.
Step 2 – Transmit Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Trader Your Ethereum or Bitcoin has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is identical. BitcoinX (BCX) is available on Binance, so we will use that as an sample. Unsure on how to send Coinbase funds to an Crypto Trader? (Just follow this manual) Make sure you've selected the right coin you would like to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etcetera. If you're working with a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow these easy steps).
Step 3 – Find (BCX) BitcoinX Once your deposit has been confirmed, you'll now have access to your funds and you can initiate buying and trading. To buy (BCX) BitcoinX on Binance, you'll want to go to the tab which is called “Exchange” and click on “Basic”. In order to spot (BCX) BitcoinX, you'll need to put the cointype (BCX) 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 “BCX/BTC” to progress.
Step 4 – Purchasing BitcoinX (BCX) Once you've discovered BitcoinX (BCX), you will be given a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). For now we are going to make our Limit Order. The ”Price” field will be automatically filled with the recent valuation BitcoinX (BCX) was sold for. This can be changed to your preferred rate. The field with the “Amount” tag is the quantity of BCX you want to buy. The ”Total” field is the total price in BTC that you'll settle for the whole quantity of BCX. If you're satisfied, make a mouse click on “Buy BCX”. Your plan will be filled when a Seller sells their BCX for the price you gave.
Step 5 – Withdraw BitcoinX (BCX) Unless you are frequently trading, never keep your crypto on an Crypto Exchange for an extended time frame. In order to take off your BitcoinX (BCX), go to the tab called “Funds” and mouse click on “Withdraw”. BitcoinX (BCX) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate BitcoinX (BCX) by using the provided drop-down box. Drop in the amount of BitcoinX (BCX) you'd wish to take off. Don't forget the demonstrated fees/minimums. Also make sure you have filled your precise withdraw address. When you are satisfied, make a mouse click on “Submit”. You may be requested for verfication via phone/email ahead of a withdrawal.