A Step-by-Step-Guide on 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 – Send Your Ethereum or Bitcoin to an Cryptocurrency Exchange Your Bitcoin (BTC) or Ethereum (ETH) 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're going to use that as an illustration. Unsure on how to send funds from Coinbase to an Crypto Trader? (Follow this guide) Make sure you've chosen the correct coin you wish to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etc. In the case you are using a decentralized exchange, like Airswap or DDEX could be unlike (Follow these easy steps).
Step 3 – Locate BitShares (BTS) As soon as your deposit has been affirmed, you'll now have access to your funds and you can begin purchasing and trading. To buy BitShares (BTS) on Binance, you'll want to hover over the ”Exchange” tab and then mouse click on “Basic”. To spot BitShares (BTS), you will need to insert the short name of the asset (BTS) into the search box, which is highlighted in the graphic. Be certain of having selected the proper grouping, we have marked this also. Click on “BTS/BTC” to continue.
Step 4 – Buying BitShares (BTS) After you have discovered BitShares (BTS), you will be given a Price Chart (in the Center of the picture) and some Order Books (on the Left of the picture). For now we're going to make our own Limit Order. The ”Price” field will be automatically filled with the most recent rate BitShares (BTS) was sold for. You can change this to your desired rate. The ”Amount” field is the quantity of BTS you like to buy. The ”Total” field is the whole price in Bitcoin that you will pay for the whole volumen of BTS. When you're satisfied, make a mouse click on “Buy BTS”. Your plan will be filled when a Vender sells their BTS for the price you submitted.
Step 5 – Withdraw BitShares (BTS) Unless you're regularly trading, you should never keepyour crypto on an Exchange for an extended time period. To withdraw your BitShares (BTS), go to the tab called “Funds” and mouse click on “Withdraw”. BitShares (BTS) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find BitShares (BTS) by using the provided drop-down box. Drop in the amount of BitShares (BTS) you'd like to withdraw. Don't forget the presented fees/minimums. Also make sure you have filled your right withdraw address. If you are happy, make a mouse click on “Submit”. You may be asked for verfication via email/phone ahead of a withdrawal.