How to Buy BitHostCoin (BIH)

A Step-by-Step-Guide on how to buy BitHostCoin (BIH)

Step 1 – Join Kraken

In the beginning you'll need to buy one of the bigger currencies. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Follow the Link below for registration and getting Funds.

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

Your Ethereum or Bitcoin has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is identical. BitHostCoin (BIH) is obtainable on Binance, so we're going to use that as an illustration. Unsure on how to send Coinbase funds to an Exchange? (Follow this how-to)

Make sure you have chosen the right coin you wish to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an ETH deposit address, etc. If you are working with a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our how-to).

Step 3 – Find BitHostCoin (BIH)

Once your deposit has been confirmed, you will instantly have access to your assets and you can start purchasing and trading. To purchase BitHostCoin (BIH) on Binance, you'll want to hover over the tab which is called “Exchange” and after that mouse click on “Basic”.

To locate BitHostCoin (BIH), you will need to insert the cointype (BIH) into the search box, which is highlighted in the picture. Be certain of having selected the correct grouping, we have highlighted this also. Click on “BIH/BTC” to progress.

Binance Hot To Buy BitHostCoin (BIH)
Binance How to Buy (BIH) BitHostCoin
Step 4 – Purchase BitHostCoin (BIH)

Once you've found BitHostCoin (BIH), you'll be presented with a Price Chart (in the Center of the image) and some Order Books (Leftside of the picture). And now we're going to make our own Limit Order.

The ”Price” field will be filled with the most latest rate BitHostCoin (BIH) was traded for. This can be changed to your preferred price. The ”Amount” field is the quantity of BIH you want to buy. The ”Total” field is the total price in BTC that you'll settle for the whole volumen of BIH.

When you are glad, make a mouse click on “Buy BIH”. Your order will be filled as soon as a Vender sells their BIH for the price you gave.

Step 5 – Withdraw BitHostCoin (BIH)

Unless you're frequently trading, best advise is not to keep crypto on an Cryptocurrency Exchange for an longer period of time. In order to withdraw your BitHostCoin (BIH), go to the ”Funds” tab and mouse click on “Withdraw”. BitHostCoin (BIH) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find BitHostCoin (BIH) by using the provided drop-down box. Put into the amount of BitHostCoin (BIH) you would wish to take off. Don't forget the presented fees/minimums. Also make sure you have filled your precise withdraw address.

If you're satisfied, click on “Submit”. You could be requested for phone/email verification ahead of a take off.

Binance Withdraw

Congrats! You have successfully purchased and safed BitHostCoin (BIH).

That's it!

Withdrawals from Crypto Exchange can durate between 1 – 30 minutes (depending on usage of the network). Once you've proved your withdrawal using Ethplorer.io or Etherscan.io and the (BIH) BitHostCoin is safe in your wallet, you're all done.

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