A Step-by-Step-Guide on how to buy BitStation (BSTN)
Step 1 – Signup to Coinbase and get 10$ for free You will first need to buy one of the major coins. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Follow the Link below to register and receive your first $10.
Step 2 – Transfer Your Funds to an Exchange Your Ethereum or Bitcoin will need to be sent over to an Exchange now. All exchanges have a deposit form that is identical. BitStation (BSTN) is obtainable on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Exchange? (Follow this guide) Make sure you have chosen the precise coin you wish to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etcetera. In the case you are working with a decentralized exchange, like Airswap or DDEX could be divergent (Follow these easy steps).
Step 3 – Locate BitStation (BSTN) Once your deposit has been confirmed, you will directly have access to your assets and you can initiate purchasing and trading. To invest in BitStation (BSTN) on Binance, you will want to hover over the tab which is called “Exchange” and after that click on “Basic”. To discover BitStation (BSTN), you will need to put the shortname of the coin (BSTN) into the search-box, which is marked in the picture. Make sure you have selected the proper grouping, we've marked this also. Click on “BSTN/BTC” to continue.
Step 4 – Buying BitStation (BSTN) As soon as you've located BitStation (BSTN), you'll be presented with a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). And now we're making our Limit Order. The field with the “Price” tag will be automatically filled with the most recent rate BitStation (BSTN) was sold for. You can change this to your preferred price. The ”Amount” field is the amount of BSTN you like to buy. The field with the “Total” tag is the aggregated price in BTC that you will pay for the complete amount of BSTN. If you are happy, make a mouse click on “Buy BSTN”. Your plan will be filled when a Vender sells their BSTN for the price you introduced.
Step 5 – Withdraw BitStation (BSTN) Unless you are frequently trading, best advise is not to keep your crypto coins on an Crypto Exchange for an extensive time frame. To take off your BitStation (BSTN), hover over the ”Funds” tab and mouse click on “Withdraw”. BitStation (BSTN) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find BitStation (BSTN) by using the given drop-down box. Drop in the volumen of BitStation (BSTN) you'd wish to take off. Take into account the shown minimus/fees. Also make sure you have filled your correct withdraw address. If you are happy, click on “Submit”. You may be requested for email/phone verification ahead of a withdrawal.