A Step-by-Step-Guide on how to buy Boid (BOID)
Step 1 – Signup to Kraken You'll first need to buy units of the top-tier coins. Exchanges usually accept either Bitcoin or Ethereum in exchange for alternative Coins. Follow the Link below for registration and to get ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Send Your Bitcoin or Ethereum to an Cryptocurrency Exchange Your Bitcoin or Ethereum will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is alike. Boid (BOID) is available on Binance, so we will use that as an illustration. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this guide) Make sure you've selected the right coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so forth. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our how-to).
Step 3 – Find Boid (BOID) As soon as your deposit has been approved, you will immediately have access to your funds and you can start buying and trading. To buy Boid (BOID) on Binance, you will want to hover over the ”Exchange” tab and click on “Basic”. In order to discover Boid (BOID), you will need to insert the cointype (BOID) into the search box, which is highlighted in the graphic. Make sure you have choosen the right pairing, we have highlighted this also. Click on “BOID/BTC” to go on.
Step 4 – Acquisition of Boid (BOID) Once you have located Boid (BOID), you'll be given a Price Chart (in the Center of the picture) and some Order Books (on the Left of the picture). And now we're going to make our Limit Order. The field with the “Price” tag will be automatically filled with the most up-to-date price Boid (BOID) was sold for. You can change this to your desired price. The ”Amount” field is the amount of BOID you like to buy. The field with the “Total” tag is the whole price in BTC that you will pay for the complete amount of BOID. When you're satisfied, click on “Buy BOID”. Your plan will be filled as soon as a Vendor sells their BOID for the price you introduced.
Step 5 – Withdraw Boid (BOID) Unless you're regularly trading, best advise is not to keep coins on an Crypto Trader for an longer time frame. In order to withdraw your Boid (BOID), go to the ”Funds” tab and click on “Withdraw”. Boid (BOID) can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Boid (BOID) by using the provided drop-down box. Put into the amount of Boid (BOID) you'd wish to withdraw. Take into account the presented fees/minimums. Also make sure you have filled your precise withdraw address. If you're glad, click on “Submit”. You may be asked for verfication via phone/email before a take off.