A Step-by-Step-Guide on how to buy BONK Token (BONK)
Step 1 – Signup to CEX.io In the beginning you'll need to buy units of the top-tier coins. Exchanges commonly accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Follow the Link below to register and receive BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Send Your Funds to an Cryptocurrency Exchange Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. BONK Token (BONK) is accessible on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this manual) Make sure you've chosen the precise coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so on. In the case you are working with a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our guide).
Step 3 – Locate (BONK) BONK Token Once your deposit has been approved, you will now have access to your funds and you can initiate buying and trading. To purchase (BONK) BONK Token on Binance, you will want to go to the ”Exchange” tab and click on “Basic”. To spot (BONK) BONK Token, you will need to put the short name of the asset (BONK) into the search box, which is marked in the picture. Be certain of having choosen the correct pairing, we've marked this too. Click on “BONK/BTC” to continue.
Step 4 – Purchase BONK Token (BONK) Once you've located BONK Token (BONK), you'll be given a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). For now we're going to create our Limit Order. The field with the “Price” tag will be filled with the most latest tariff BONK Token (BONK) was traded for. You can change this to your favoured rate. The field with the “Amount” tag is the volumen of BONK you wish to purchase. The ”Total” field is the total price in Bitcoin that you'll settle for the complete volumen of BONK. When you are satisfied, click on “Buy BONK”. Your plan will be filled as soon as a Vendor trades their BONK for the price you submitted.
Step 5 – Withdraw BONK Token (BONK) Unless you are regularly trading, best advise is not to keep your crypto on an Crypto Exchange for an extensive time period. To withdraw your BONK Token (BONK), go to the ”Funds” tab and click on “Withdraw”. BONK Token (BONK) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find BONK Token (BONK) by using the given drop-down box. Drop in the quantity of BONK Token (BONK) you'd wish to withdraw. Don't forget the shown 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 take off.