A Step-by-Step-Guide on how to buy BitherCash (BICAS)
Step 1 – Join Kraken In the beginning you'll need to purchase units of the top-tier currencies. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click below for registration and receive Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Transmit Your Bitcoin or Ethereum to an Crypto Trader Your Bitcoin or Ethereum has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is alike. BitherCash (BICAS) 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 guide) Make sure you have chosen the correct coin you would like to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, et cetera. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our how-to).
Step 3 – Locate BitherCash (BICAS) Once your deposit has been confirmed, you'll now have access to your finances and you can commence purchasing and trading. To purchase BitherCash (BICAS) on Binance, you'll want to hover over the tab which is called “Exchange” and after that click on “Basic”. In order to spot BitherCash (BICAS), you'll need to put the shortname of the coin (BICAS) into the search box, which is highlighted in the graphic. Be certain of having selected the right pairing, we have highlighted this too. Click on “BICAS/BTC” to go ahead.
Step 4 – Purchase BitherCash (BICAS) After you've found BitherCash (BICAS), you'll be given a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). And now we're making our own Limit Order. The field with the “Price” tag will be automatically filled with the most up-to-date rate BitherCash (BICAS) was sold for. This can be changed to your favoured price. The field with the “Amount” tag is the volumen of BICAS you wish to buy. The ”Total” field is the total price in BTC that you'll settle for the complete volumen of BICAS. When you are glad, click on “Buy BICAS”. Your plan will be filled as soon as a Vendor sells their BICAS for the price you submitted.
Step 5 – Withdraw BitherCash (BICAS) Unless you are frequently trading, best advise is not to keep coins on an Crypto Exchange for an extended time period. In order to take off your BitherCash (BICAS), go to the ”Funds” tab and click on “Withdraw”. BitherCash (BICAS) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate BitherCash (BICAS) by using the given drop-down box. Drop in the volumen of BitherCash (BICAS) you'd wish to take off. Don't forget the presented minimus/fees. Also make sure you have entered your right withdraw address. If you are happy, click “Submit”. You could be requested for email/phone verification before a withdrawal.