A Step-by-Step-Guide on how to buy Bitmax Token (BTMX)
Step 1 – Signup to CEX.io You will first need to purchase one of the major coins. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Click the button below for registration and receive BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Transfer Your ETH (Ethereum) or BTC (Bitcoin) to an Exchange Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Exchange now. All exchanges have a deposit form that is alike. Bitmax Token (BTMX) is accessible on Binance, so we will use that as an example. Unsure on how to send Coinbase funds to an Exchange? (Follow these easy steps) Make sure you've chosen the right coin you would like to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etcetera. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be different (Follow our guide).
Step 3 – Locate Bitmax Token (BTMX) As soon as your deposit has been verified, you'll directly have access to your funds and you can initiate buying and trading. To buy Bitmax Token (BTMX) on Binance, you'll want to go to the ”Exchange” tab and mouse click on “Basic”. To spot Bitmax Token (BTMX), you'll need to insert the cointype (BTMX) into the search box, which is highlighted in the image. Be certain of having choosen the proper pairing, we've highlighted this too. Click on “BTMX/BTC” to proceed.
Step 4 – Acquisition of (BTMX) Bitmax Token Once you've found (BTMX) Bitmax Token, you will be given a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). And now we are creating our own Limit Order. The field with the “Price” tag will be automatically filled with the recent tariff (BTMX) Bitmax Token was sold for. You can change this to your favoured price. The field with the “Amount” tag is the amount of BTMX you wish to buy. The field with the “Total” tag is the aggregated price in BTC that you will pay for the whole amount of BTMX. If you are happy, click on “Buy BTMX”. Your order will be filled as soon as a Vendor sells their BTMX for the price you offered.
Step 5 – Withdraw (BTMX) Bitmax Token Unless you're frequently trading, never keep your crypto on an Exchange for an extended time period. In order to withdraw your (BTMX) Bitmax Token, hover over the tab called “Funds” and click on “Withdraw”. (BTMX) Bitmax Token can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find (BTMX) Bitmax Token by using the given drop-down box. Enter the quantity of (BTMX) Bitmax Token you'd like to withdraw. Don't forget the displayed minimus/fees. Also make sure you have entered your right withdraw address. If you're happy, click “Submit”. You could be asked for verfication via phone/email ahead of a withdrawal.