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.
Step 2 – Send Your Ethereum or Bitcoin to an Crypto Exchange Your Bitcoin or Ethereum has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. BitMart Token (BMX) is available on Binance, so we will use that as an illustration. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this how-to) Make sure you've selected the correct coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, et cetera. If you are dealing with a decentralized exchange, like Airswap or DDEX could be different (Just follow our how-to).
Step 3 – Locate BitMart Token (BMX) Once your deposit has been affirmed, you'll now have access to your finances and you can initiate purchasing and trading. To invest in BitMart Token (BMX) on Binance, you'll want to go to the ”Exchange” tab and then click on “Basic”. To spot BitMart Token (BMX), you'll need to insert the cointype (BMX) into the search box, which is highlighted in the graphic. Be certain of having choosen the correct grouping, we have highlighted this also. Click on “BMX/BTC” to continue.
Step 4 – Purchase BitMart Token (BMX) As soon as you have located BitMart Token (BMX), you will be presented with a Price Chart (in the Center of the picture) and some Order Books (on the Left of the image). And now we are creating our own Limit Order. The ”Price” field will be filled with the most up-to-date price BitMart Token (BMX) was traded for. You can change this to your preferred rate. The field with the “Amount” tag is the quantity of BMX you wish to buy. The field with the “Total” tag is the whole price in Bitcoin that you'll pay for the complete volumen of BMX. When you are glad, make a mouse click on “Buy BMX”. Your order will be filled when a Vender trades their BMX for the price you introduced.
Step 5 – Withdraw BitMart Token (BMX) Unless you are regularly trading, you should never keepyour crypto on an Crypto Trader for an longer period of time. To withdraw your BitMart Token (BMX), go to the ”Funds” tab and click on “Withdraw”. BitMart Token (BMX) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find BitMart Token (BMX) by using the provided drop-down box. Enter the quantity of BitMart Token (BMX) you would wish to withdraw. Don't forget the shown minimus/fees. Also make sure you have entered your right withdraw address. When you are satisfied, make a mouse click on “Submit”. You could be asked for email/phone verification ahead of a withdrawal.