A Step-by-Step-Guide on how to buy Bluecoin (BLU)
Step 1 – Join Kraken You will first need to buy units of the top-tier coins. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Click the button below to register and getting Ethereum or Bitcoin.
Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Cryptocurrency Exchange Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is similar. Bluecoin (BLU) 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? (Just follow this manual) Make sure you have chosen the precise coin you want 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, such as Airswap or DDEX could be unlike (Follow these easy steps).
Step 3 – Find Bluecoin (BLU) Once your deposit has been approved, you'll now have access to your assets and you can begin buying and trading. To purchase Bluecoin (BLU) on Binance, you will want to go to the tab which is called “Exchange” and then click on “Basic”. To find Bluecoin (BLU), you will need to put the shortname of the coin (BLU) into the search box, which is marked in the picture. Be certain of having selected the proper grouping, we have highlighted this also. Click on “BLU/BTC” to progress.
Step 4 – Buying Bluecoin (BLU) Once you've found Bluecoin (BLU), you will be presented with a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the image). Next we're going to make our own Limit Order. The field with the “Price” tag will be automatically filled with the most latest rate Bluecoin (BLU) was sold for. This can be changed to your favoured rate. The ”Amount” field is the volumen of BLU you wish to purchase. The field with the “Total” tag is the aggregated price in BTC that you will settle for the complete amount of BLU. If you're satisfied, click on “Buy BLU”. Your order will be filled when a Vender sells their BLU for the price you submitted.
Step 5 – Withdraw Bluecoin (BLU) Unless you're regularly trading, best advise is not to keep crypto coins on an Crypto Exchange for an extended time frame. In order to withdraw your Bluecoin (BLU), hover over the ”Funds” tab and click on “Withdraw”. Bluecoin (BLU) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Bluecoin (BLU) by using the provided drop-down box. Put into the quantity of Bluecoin (BLU) you'd like to withdraw. Don't forget the shown minimus/fees. Also make sure you have filled your correct withdraw address. If you're glad, click “Submit”. You could be requested for verfication via email/phone ahead of a take off.