A Step-by-Step-Guide on how to buy Bitstar (BITS)
Step 1 – Signup to Kraken You will first need to purchase units of the major currencies. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Click below to register and getting BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Send Your Ethereum (ETH) or Bitcoin (BTC) to an Exchange Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Exchange now. Every exchange has a deposit form that is identical. Bitstar (BITS) is available on Binance, so we're going to use that as an example. Not sure on how to send funds from Coinbase to an Exchange? (Follow these easy steps) Make sure you have chosen the right coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so on. In the case you are using a decentralized exchange, such as Airswap or DDEX could be unlike (Follow these easy steps).
Step 3 – Find Bitstar (BITS) Once your deposit has been verified, you will immediately have access to your funds and you can initiate invest and trading. To buy Bitstar (BITS) on Binance, you will want to go to the tab which is called “Exchange” and then mouse click on “Basic”. To spot Bitstar (BITS), you will need to insert the shortname of the coin (BITS) into the search box, which is marked in the graphic. Be certain of having selected the proper grouping, we've marked this also. Click on “BITS/BTC” to go ahead.
Step 4 – Purchase Bitstar (BITS) Once you have located Bitstar (BITS), you'll be given a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). And now we are making our own Limit Order. The field with the “Price” tag will be automatically filled with the recent valuation Bitstar (BITS) was sold for. You can change this to your desired price. The ”Amount” field is the quantity of BITS you want to buy. The field with the “Total” tag is the whole price in Bitcoin that you will pay for the whole quantity of BITS. If you are happy, make a mouse click on “Buy BITS”. Your order will be filled when a Vender sells their BITS for the price you gave.
Step 5 – Withdraw Bitstar (BITS) Unless you are regularly trading, never keep your crypto coins on an Cryptocurrency Exchange for an extensive time period. To withdraw your Bitstar (BITS), hover over the ”Funds” tab and click on “Withdraw”. Bitstar (BITS) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Bitstar (BITS) by using the provided drop-down box. Drop in the volumen of Bitstar (BITS) you would like to withdraw. Don't forget the presented minimus/fees. Also make sure you have filled your precise withdraw address. If you are glad, click on “Submit”. You may be requested for verfication via phone/email ahead of a withdrawal.