How to Buy BitShares (BTS)

Step 1 – Signup to Kraken

In the beginning you'll need to purchase units of the top-tier coins. Exchanges commonly accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Follow the Link below to register and getting Bitcoin (BTC) or Ethereum (ETH).

Step 2 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Trader

Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is similar. BitShares (BTS) is accessible on Binance, so we will use that as an example. Unsure on how to send Coinbase funds to an Crypto Exchange? (Just follow this how-to)

Make sure you have selected the correct coin you would like to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so on. If you're working with a decentralized exchange, like Airswap or DDEX could be different (Follow these easy steps).

Step 3 – Find BitShares (BTS)

As soon as your deposit has been confirmed, you will instantly have access to your assets and you can start purchasing and trading. To buy BitShares (BTS) on Binance, you will want to go to the tab which is called “Exchange” and after that click on “Basic”.

To spot BitShares (BTS), you'll need to put the cointype (BTS) into the search-box, which is highlighted in the picture. Make sure you have choosen the correct grouping, we have marked this also. Click on “BTS/BTC” to go ahead.

Step 4 – Buying BitShares (BTS)

Once you've spotted BitShares (BTS), you'll be presented with a Price Chart (in the Center of the image) and a few Order Books (on the Left of the picture). And now we're making our own Limit Order.

The field with the “Price” tag will be automatically filled with the most up-to-date valuation BitShares (BTS) was traded for. You can change this to your desired price. The field with the “Amount” tag is the quantity of BTS you want to purchase. The field with the “Total” tag is the aggregated price in BTC that you'll pay for the complete amount of BTS.

When you're happy, click on “Buy BTS”. Your plan will be filled when a Vendor trades their BTS for the price you gave.

Step 5 – Withdraw BitShares (BTS)

Unless you're frequently trading, best advise is not to keep your coins on an Crypto Exchange for an longer time frame. To take off your BitShares (BTS), go to the tab called “Funds” and mouse click on “Withdraw”. BitShares (BTS) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find BitShares (BTS) by using the given drop-down box. Put into the quantity of BitShares (BTS) you'd wish to take off. Don't forget the presented fees/minimums. Also make sure you have filled your right withdraw address.

When you are satisfied, click on “Submit”. You may be asked for email/phone verification before a withdrawal.