A Step-by-Step-Guide on how to buy BLUEKEY (BKY)
Step 1 –
Join Kraken
You'll first need to buy units of the major currencies. Exchanges usually accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Click the button below for registration and receive Ethereum or Bitcoin.
Step 2 –
Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Exchange
Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Exchange now. Every exchange has a deposit form that is identical. BLUEKEY (BKY) is obtainable on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Crypto Trader? (Follow this guide)
Make sure you've selected the correct coin you wish to deposit.
Bitcoin must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etcetera. If you're dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Follow our manual).
Step 3 –
Locate BLUEKEY (BKY)
Once your deposit has been verified, you'll instantly have access to your funds and you can commence buying and trading. To invest in BLUEKEY (BKY) on Binance, you will want to go to the ”Exchange” tab and after that click on “Basic”.
To find BLUEKEY (BKY), you will need to insert the cointype (BKY) into the search-box, which is highlighted in the graphic. Make sure you have choosen the right pairing, we've highlighted this too. Click on “BKY/BTC” to advance.
Step 4 –
Acquisition of BLUEKEY (BKY)
After you have found BLUEKEY (BKY), you'll be given a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). For now we're making our own Limit Order.
The ”Price” field will be filled automatically with the most latest rate BLUEKEY (BKY) was traded for. You can change this to your desired rate. The field with the “Amount” tag is the amount of BKY you wish to buy. The field with the “Total” tag is the aggregated price in BTC that you will pay for the complete volumen of BKY.
If you are satisfied, make a mouse click on “Buy BKY”. Your order will be filled as soon as a Vender sells their BKY for the price you gave.
Step 5 –
Withdraw BLUEKEY (BKY)
Unless you're regularly trading, you should never keepyour coins on an Crypto Trader for an extended time frame. To withdraw your BLUEKEY (BKY), hover over the ”Funds” tab and click on “Withdraw”. BLUEKEY (BKY) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)
Locate BLUEKEY (BKY) by using the provided drop-down box. Put into the volumen of BLUEKEY (BKY) you'd wish to withdraw. Take into account the shown minimus/fees. Also make sure you have entered your correct withdraw address.
When you are happy, click “Submit”. You could be asked for email/phone verification ahead of a withdrawal.
Congrats! You have successfully purchased and stored BLUEKEY (BKY).
That's it! Take offs from Exchange can durate anywhere from 1 – 30 minutes (depending on usage of the network). Once you've confirmed your withdrawal with Ethplorer.io or Etherscan.io and the (BKY) BLUEKEY is safe inside your wallet, you are all done.Some other Guides on How to buy Coins
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