How to Buy Bitforex Token (BF)

A Step-by-Step-Guide on how to buy Bitforex Token (BF)

Step 1 – Join Coinbase – Get Free $10

In the beginning you'll need to buy units of the major coins. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Click below for registration and receive your welcome 10 Dollar.

Coinbase Free Bitcoin

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

Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is alike. Bitforex Token (BF) is accessible on Binance, so we're going to use that as an example. Not sure on how to send funds from Coinbase to an Crypto Trader? (Follow this how-to)

Make sure you have selected the exact coin you wish to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so forth. If you're using a decentralized exchange, such as Airswap or DDEX could be divergent (Follow these easy steps).

Step 3 – Locate Bitforex Token (BF)

Once your deposit has been affirmed, you'll now have access to your assets and you can commence invest and trading. To invest in Bitforex Token (BF) on Binance, you'll want to go to the tab which is called “Exchange” and then mouse click on “Basic”.

To locate Bitforex Token (BF), you'll need to insert the short name of the asset (BF) into the search-box, which is marked in the picture. Make sure you have selected the correct grouping, we've marked this too. Click on “BF/BTC” to continue.

Binance Hot To Buy Bitforex Token (BF)
Binance How to Buy (BF) Bitforex Token
Step 4 – Buy Bitforex Token (BF)

After you've discovered Bitforex Token (BF), you will be given a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the image). Next we are making our own Limit Order.

The ”Price” field will be filled with the most up-to-date tariff Bitforex Token (BF) was sold for. This can be changed to your desired price. The ”Amount” field is the volumen of BF you like to buy. The ”Total” field is the aggregated price in Bitcoin that you will pay for the whole volumen of BF.

If you're happy, click on “Buy BF”. Your order will be filled when a Vender sells their BF for the price you offered.

Step 5 – Withdraw Bitforex Token (BF)

Unless you're frequently trading, never keep your crypto on an Crypto Trader for an longer time period. In order to withdraw your Bitforex Token (BF), hover over the tab called “Funds” and click on “Withdraw”. Bitforex Token (BF) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find Bitforex Token (BF) by using the given drop-down box. Enter the amount of Bitforex Token (BF) you would like to withdraw. Don't forget the shown fees/minimums. Also make sure you have filled your right withdraw address.

When you're glad, click on “Submit”. You could be asked for verfication via phone/email ahead of a withdrawal.

Binance Withdraw

Congratulations! You have successfully bought and stored Bitforex Token (BF).

That's it!

Withdrawals from Cryptocurrency Exchange can take anywhere from 1 – 30 minutes (rely on usage of the network). Once you've proved your withdrawal with Etherscan.io or Ethplorer.io and the Bitforex Token (BF) is stored inside your wallet, you're finished.