A Step-by-Step-Guide on 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 ETH (Ethereum) or BTC (Bitcoin) to an Crypto Trader Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Exchange now. Every exchange has a deposit form that is identical. Bitmax Token (BTMX) is obtainable on Binance, so we're going to use that as an sample. Not sure on how to send Coinbase funds to an Crypto Trader? (Just follow this how-to) Make sure you've chosen the exact coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etcetera. In the case you are using a decentralized exchange, such as Airswap or DDEX could be different (Follow these easy steps).
Step 3 – Locate Bitmax Token (BTMX) As soon as your deposit has been confirmed, you'll immediately have access to your funds and you can initiate buying and trading. To purchase Bitmax Token (BTMX) on Binance, you will want to go to the tab which is called “Exchange” and after that mouse click on “Basic”. In order to discover Bitmax Token (BTMX), you will 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've marked this also. Click on “BTMX/BTC” to progress.
Step 4 – Acquisition of Bitmax Token (BTMX) As soon as you've located Bitmax Token (BTMX), you'll be presented with a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the picture). And now we're making our own Limit Order. The ”Price” field will be filled automatically with the most recent price Bitmax Token (BTMX) was traded for. This can be changed to your desired rate. The ”Amount” field is the quantity of BTMX you want to buy. The ”Total” field is the whole price in BTC that you will settle for the whole volumen of BTMX. If you're glad, make a mouse click on “Buy BTMX”. Your plan will be filled when a Vendor trades their BTMX for the price you offered.
Step 5 – Withdraw Bitmax Token (BTMX) Unless you're frequently trading, never keep your crypto coins on an Crypto Exchange for an extensive time period. In order to take off your Bitmax Token (BTMX), hover over the tab called “Funds” and mouse click on “Withdraw”. Bitmax Token (BTMX) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Bitmax Token (BTMX) by using the provided drop-down box. Drop in the amount of Bitmax Token (BTMX) you'd wish to withdraw. Take into account the shown fees/minimums. Also make sure you have filled your right withdraw address. If you're satisfied, click on “Submit”. You could be asked for email/phone verification ahead of a take off.