A Step-by-Step-Guide on how to buy BNSD Finance (BNSD)
Step 1 – Join Kraken In the beginning you'll need to purchase one of the major coins. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click the button below for registration and getting Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Send Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Exchange Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is identical. BNSD Finance (BNSD) is accessible on Binance, so we will use that as an example. Unsure on how to send funds from Coinbase to an Exchange? (Just follow this how-to) Make sure you've chosen the exact coin you wish to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so on. If you are working with a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our guide).
Step 3 – Find BNSD Finance (BNSD) Once your deposit has been confirmed, you will now have access to your funds and you can begin purchasing and trading. To buy BNSD Finance (BNSD) on Binance, you'll want to go to the ”Exchange” tab and then click on “Basic”. In order to spot BNSD Finance (BNSD), you'll need to put the cointype (BNSD) into the search box, which is marked in the graphic. Make sure you have selected the correct grouping, we have highlighted this also. Click on “BNSD/BTC” to progress.
Step 4 – Purchasing BNSD Finance (BNSD) After you have spotted BNSD Finance (BNSD), you'll be given a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). For now we are going to create our own Limit Order. The field with the “Price” tag will be filled with the most recent rate BNSD Finance (BNSD) was traded for. You can change this to your favoured rate. The ”Amount” field is the quantity of BNSD you like to buy. The ”Total” field is the aggregated price in BTC that you will pay for the whole volumen of BNSD. If you are happy, click on “Buy BNSD”. Your order will be filled as soon as a Seller trades their BNSD for the price you gave.
Step 5 – Withdraw BNSD Finance (BNSD) Unless you're regularly trading, best advise is not to keep your coins on an Cryptocurrency Exchange for an extensive time frame. In order to take off your BNSD Finance (BNSD), hover over the tab called “Funds” and mouse click on “Withdraw”. BNSD Finance (BNSD) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find BNSD Finance (BNSD) by using the provided drop-down box. Enter the quantity of BNSD Finance (BNSD) you'd like to take off. Don't forget the displayed fees/minimums. Also make sure you have filled your correct withdraw address. When you're satisfied, click “Submit”. You may be requested for verfication via email/phone before a withdrawal.