A Step-by-Step-Guide on how to buy BITO Coin (BITO)
Step 1 – Join Coinbase and recieve 10$ for free In the beginning you'll need to purchase units of the bigger currencies. Exchanges normally accept either Ethereum or Bitcoin in exchange for Altcoins. Click the button below to register and to get your first $10.
Step 2 – Transfer Your Funds to an Cryptocurrency Exchange Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. BITO Coin (BITO) is accessible on Binance, so we will use that as an illustration. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this how-to) Make sure you've selected the correct coin you would like to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, et cetera. If you're working with a decentralized exchange, like Airswap or DDEX could be different (Follow our guide).
Step 3 – Locate BITO Coin (BITO) Once your deposit has been affirmed, you'll now have access to your assets and you can commence purchasing and trading. To invest in BITO Coin (BITO) on Binance, you'll want to go to the ”Exchange” tab and then mouse click on “Basic”. In order to find BITO Coin (BITO), you'll need to put the cointype (BITO) into the search-box, which is highlighted in the image. Be certain of having selected the right grouping, we have highlighted this too. Click on “BITO/BTC” to go ahead.
Step 4 – Purchasing (BITO) BITO Coin After you have spotted (BITO) BITO Coin, you will be given a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). For now we're going to create our Limit Order. The field with the “Price” tag will be automatically filled with the latest tariff (BITO) BITO Coin was traded for. This can be changed to your favoured rate. The field with the “Amount” tag is the volumen of BITO you want to purchase. The field with the “Total” tag is the total price in Bitcoin that you will pay for the complete volumen of BITO. If you are glad, click on “Buy BITO”. Your plan will be filled when a Seller trades their BITO for the price you offered.
Step 5 – Withdraw (BITO) BITO Coin Unless you are regularly trading, you should never keepyour crypto coins on an Exchange for an longer time frame. To withdraw your (BITO) BITO Coin, go to the ”Funds” tab and mouse click on “Withdraw”. (BITO) BITO Coin can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find (BITO) BITO Coin by using the provided drop-down box. Put into the volumen of (BITO) BITO Coin you would like to withdraw. Take into account the presented minimus/fees. Also make sure you have entered your precise withdraw address. When you are satisfied, click on “Submit”. You may be asked for email/phone verification before a take off.