A Step-by-Step-Guide on how to buy BitSend (BSD)
Step 1 – Join Coinbase and get 10$ for free In the beginning you'll need to purchase one of the major currencies. Exchanges commonly accept either Bitcoin or Ethereum in exchange for alternative Coins. Follow the Link below to register and to get your welcome $10.
Step 2 – Send Your Ethereum (ETH) or Bitcoin (BTC) to an Exchange Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Exchange now. All exchanges have a deposit form that is alike. BitSend (BSD) is obtainable on Binance, so we will use that as an illustration. Not sure on how to send Coinbase funds to an Exchange? (Follow this manual) Make sure you have selected the correct coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etc. If you're dealing with a decentralized exchange, like Airswap or DDEX could be divergent (Follow our guide).
Step 3 – Locate (BSD) BitSend As soon as your deposit has been confirmed, you will now have access to your funds and you can launch invest and trading. To invest in (BSD) BitSend on Binance, you will want to hover over the tab which is called “Exchange” and then click on “Basic”. In order to find (BSD) BitSend, you will need to insert the cointype (BSD) into the search-box, which is marked in the image. Make sure you have selected the correct grouping, we have marked this too. Click on “BSD/BTC” to continue.
Step 4 – Acquisition of BitSend (BSD) After you've located BitSend (BSD), you will be presented with a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). And now we're going to create our own Limit Order. The ”Price” field will be filled automatically with the most up-to-date rate BitSend (BSD) was traded for. You can change this to your desired price. The ”Amount” field is the volumen of BSD you want to buy. The field with the “Total” tag is the whole price in Bitcoin that you will settle for the complete volumen of BSD. If you are happy, make a mouse click on “Buy BSD”. Your order will be filled as soon as a Seller sells their BSD for the price you introduced.
Step 5 – Withdraw BitSend (BSD) Unless you are frequently trading, best advise is not to keep your coins on an Crypto Trader for an extensive period of time. To take off your BitSend (BSD), go to the tab called “Funds” and click on “Withdraw”. BitSend (BSD) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find BitSend (BSD) by using the provided drop-down box. Drop in the volumen of BitSend (BSD) you would like to take off. Don't forget the demonstrated minimus/fees. Also make sure you have filled your correct withdraw address. If you are satisfied, click “Submit”. You could be asked for verfication via phone/email before a withdrawal.