How to Buy Bitmax Token (BTMX)

Step 1 – Signup to Kraken

In the beginning you'll need to purchase units of the top-tier currencies. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Click below to register and receive Bitcoin or Ethereum.

Step 2 – Send Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Trader

Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Exchange now. Every exchange has a deposit form that is alike. Bitmax Token (BTMX) is available on Binance, so we're going to use that as an sample. Unsure on how to send Coinbase funds to an Exchange? (Follow this guide)

Make sure you have chosen the correct coin you would like to deposit.

BTC must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, and so on. If you're using a decentralized exchange, like Airswap or DDEX could be unlike (Follow our how-to).

Step 3 – Locate Bitmax Token (BTMX)

Once your deposit has been approved, you will directly have access to your assets and you can launch purchasing and trading. To purchase Bitmax Token (BTMX) on Binance, you'll want to hover over the tab which is called “Exchange” and then mouse click on “Basic”.

To find Bitmax Token (BTMX), you'll need to insert the short name of the asset (BTMX) into the search box, which is highlighted in the graphic. Make sure you have choosen the correct pairing, we have marked this too. Click on “BTMX/BTC” to continue.

Step 4 – Purchase Bitmax Token (BTMX)

As soon as you've spotted Bitmax Token (BTMX), you'll be given a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the picture). And now we're making our own Limit Order.

The ”Price” field will be automatically filled with the most latest rate Bitmax Token (BTMX) was sold for. You can change this to your favoured price. The ”Amount” field is the amount of BTMX you want to buy. The ”Total” field is the whole price in Bitcoin that you'll pay for the whole quantity of BTMX.

When you are satisfied, make a mouse click on “Buy BTMX”. Your order will be filled as soon as a Vendor sells their BTMX for the price you submitted.

Step 5 – Withdraw Bitmax Token (BTMX)

Unless you are regularly trading, best advise is not to keep your crypto on an Crypto Exchange for an longer time frame. In order to take off your Bitmax Token (BTMX), go to the tab called “Funds” and click on “Withdraw”. Bitmax Token (BTMX) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Bitmax Token (BTMX) by using the given drop-down box. Enter the amount of Bitmax Token (BTMX) you'd wish to withdraw. Don't forget the demonstrated minimus/fees. Also make sure you have entered your precise withdraw address.

If you are happy, make a mouse click on “Submit”. You may be asked for phone/email verification before a withdrawal.