How to Buy BitMart Token (BMX)

A Step-by-Step-Guide on how to buy BitMart Token (BMX)

Step 1 – Signup to Kraken

In the beginning you'll need to buy units of the bigger currencies. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Click the button below for registration and getting Bitcoin or Ethereum.

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

Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. BitMart Token (BMX) is available on Binance, so we will use that as an illustration. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow these easy steps)

Make sure you have chosen the correct coin you want 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, like Airswap or DDEX could be unlike (Follow our guide).

Step 3 – Find BitMart Token (BMX)

As soon as your deposit has been affirmed, you'll instantly have access to your finances and you can initiate purchasing and trading. To buy BitMart Token (BMX) on Binance, you'll want to hover over the tab which is called “Exchange” and then click on “Basic”.

To find BitMart Token (BMX), you will need to insert the cointype (BMX) into the search-box, which is highlighted in the picture. Make sure you have selected the proper grouping, we have marked this too. Click on “BMX/BTC” to advance.

Binance Hot To Buy BitMart Token (BMX)
Binance How to Buy (BMX) BitMart Token
Step 4 – Buying BitMart Token (BMX)

As soon as you have located BitMart Token (BMX), you will be presented with a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). For now we're making our own Limit Order.

The field with the “Price” tag will be automatically filled with the most recent valuation BitMart Token (BMX) was traded for. This can be changed to your favoured price. The field with the “Amount” tag is the quantity of BMX you want to purchase. The ”Total” field is the total price in BTC that you'll settle for the whole amount of BMX.

When you're happy, click on “Buy BMX”. Your plan will be filled when a Vender sells their BMX for the price you submitted.

Step 5 – Withdraw BitMart Token (BMX)

Unless you're regularly trading, never keep your coins on an Cryptocurrency Exchange for an extensive time frame. To take off your BitMart Token (BMX), hover over the ”Funds” tab and click on “Withdraw”. BitMart Token (BMX) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate BitMart Token (BMX) by using the given drop-down box. Put into the amount of BitMart Token (BMX) you'd wish to take off. Take into account the demonstrated fees/minimums. Also make sure you have entered your precise withdraw address.

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

Binance Withdraw

Kudos! You've successfully purchased and safed BitMart Token (BMX).

That's it!

Take offs from Exchange can take between 1 – 30 minutes (depending on usage of the network). Once you've proved your withdrawal with Etherscan.io or Ethplorer.io and the (BMX) BitMart Token is safe inside your wallet, you are finished.

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