A Step-by-Step-Guide on how to buy Bitcurrency (BC)
Step 1 – Signup to Coinbase and recieve 10$ for free You will first need to purchase units of the major coins. Exchanges normally accept either Bitcoin or Ethereum in exchange for alternative Coins. Click the button below to register and receive your first 10$.
Step 2 – Transfer Your Funds to an Exchange Your Ethereum or Bitcoin will need to be sent over to an Exchange now. All exchanges have a deposit form that is similar. Bitcurrency (BC) is available on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Exchange? (Follow these easy steps) Make sure you have chosen the precise coin you would like to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etc. If you're dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Follow our guide).
Step 3 – Locate (BC) Bitcurrency As soon as your deposit has been confirmed, you will directly have access to your assets and you can launch buying and trading. To invest in (BC) Bitcurrency on Binance, you will want to go to the ”Exchange” tab and after that mouse click on “Basic”. To locate (BC) Bitcurrency, you will need to put the shortname of the coin (BC) into the search box, which is marked in the graphic. Be certain of having selected the right grouping, we've marked this too. Click on “BC/BTC” to go on.
Step 4 – Acquisition of Bitcurrency (BC) Once you have discovered Bitcurrency (BC), you'll be given a Price Chart (in the Center of the image) and some Order Books (on the Left of the image). Next we're creating our own Limit Order. The field with the “Price” tag will be filled automatically with the recent price Bitcurrency (BC) was sold for. You can change this to your desired rate. The field with the “Amount” tag is the quantity of BC you want to purchase. The field with the “Total” tag is the whole price in BTC that you will pay for the complete quantity of BC. When you're satisfied, click on “Buy BC”. Your plan will be filled as soon as a Vendor trades their BC for the price you submitted.
Step 5 – Withdraw (BC) Bitcurrency Unless you're regularly trading, best advise is not to keep crypto on an Exchange for an extensive time frame. To take off your (BC) Bitcurrency, go to the ”Funds” tab and click on “Withdraw”. (BC) Bitcurrency can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find (BC) Bitcurrency by using the provided drop-down box. Enter the volumen of (BC) Bitcurrency you would like to take off. Take into account the shown fees/minimums. Also make sure you have filled your correct withdraw address. When you're happy, click on “Submit”. You may be asked for phone/email verification ahead of a take off.