How to Buy Bluecoin (BLU)

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.

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

Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Exchange now. All exchanges have a deposit form that is alike. Bluecoin (BLU) is obtainable on Binance, so we're going to use that as an sample. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this how-to)

Make sure you've chosen the precise coin you wish to deposit.

BTC must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, etcetera. If you are using a decentralized exchange, like Airswap or DDEX could be different (Follow these easy steps).

Step 3 – Locate Bluecoin (BLU)

As soon as your deposit has been affirmed, you'll directly have access to your assets and you can commence invest and trading. To invest in Bluecoin (BLU) on Binance, you will want to hover over the ”Exchange” tab and after that mouse click on “Basic”.

In order to discover Bluecoin (BLU), you will need to insert the cointype (BLU) into the search-box, which is highlighted in the image. Be certain of having selected the proper grouping, we have highlighted this too. Click on “BLU/BTC” to advance.

Binance Hot To Buy Bluecoin (BLU)
Binance How to Buy (BLU) Bluecoin
Step 4 – Buying Bluecoin (BLU)

Once you've located Bluecoin (BLU), you will be presented with a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the picture). Next we are creating our own Limit Order.

The ”Price” field will be filled with the most up-to-date valuation Bluecoin (BLU) was sold for. You can change this to your preferred price. The ”Amount” field is the volumen of BLU you like to buy. The field with the “Total” tag is the whole price in BTC that you will settle for the complete amount of BLU.

When you are glad, click on “Buy BLU”. Your plan will be filled when a Seller trades their BLU for the price you introduced.

Step 5 – Withdraw Bluecoin (BLU)

Unless you are frequently trading, best advise is not to keep your coins on an Crypto Trader for an extensive time period. To withdraw your Bluecoin (BLU), go to the tab called “Funds” and mouse click on “Withdraw”. Bluecoin (BLU) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find Bluecoin (BLU) by using the provided drop-down box. Drop in the volumen of Bluecoin (BLU) you would wish to take off. Take into account the presented minimus/fees. Also make sure you have filled your correct withdraw address.

If you are glad, make a mouse click on “Submit”. You may be requested for email/phone verification ahead of a withdrawal.

Binance Withdraw

Congratulations! You've successfully bought and stored Bluecoin (BLU).

That's it!

Withdrawals from Exchange can take between 1 – 30 minutes (rely on usage of the network). As soon as you have confirmed your withdrawal with Ethplorer.io or Etherscan.io and the (BLU) Bluecoin is stored inside your wallet, you are all done.

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