A Step-by-Step-Guide on how to buy Bread (BRD)
Step 1 –
Signup to Kraken
In the beginning you'll need to purchase units of the bigger currencies. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Follow the Link below to register and to get Funds.
Step 2 –
Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Exchange
Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is similar. Bread (BRD) is available on Binance, so we're going to use that as an illustration. Unsure on how to send funds from Coinbase to an Crypto Trader? (Follow this manual)
Make sure you have selected the precise coin you wish to deposit.
Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, and so forth. If you're working with a decentralized exchange, such as Airswap or DDEX could be different (Follow our how-to).
Step 3 –
Find Bread (BRD)
As soon as your deposit has been affirmed, you'll immediately have access to your funds and you can start buying and trading. To purchase Bread (BRD) on Binance, you will want to hover over the tab which is called “Exchange” and after that click on “Basic”.
To discover Bread (BRD), you will need to insert the short name of the asset (BRD) into the search box, which is marked in the image. Be certain of having choosen the right pairing, we've marked this also. Click on “BRD/BTC” to advance.
Step 4 –
Acquisition of Bread (BRD)
Once you've discovered Bread (BRD), you will be given a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). Next we are going to create our own Limit Order.
The field with the “Price” tag will be filled automatically with the most up-to-date tariff Bread (BRD) was traded for. You can change this to your preferred price. The field with the “Amount” tag is the quantity of BRD you wish to purchase. The ”Total” field is the total price in BTC that you will settle for the complete volumen of BRD.
If you are happy, click on “Buy BRD”. Your plan will be filled when a Vender trades their BRD for the price you submitted.
Step 5 –
Withdraw Bread (BRD)
Unless you are regularly trading, best advise is not to keep crypto coins on an Crypto Exchange for an longer time period. To take off your Bread (BRD), go to the tab called “Funds” and click on “Withdraw”. Bread (BRD) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)
Find Bread (BRD) by using the given drop-down box. Put into the amount of Bread (BRD) you'd wish to take off. Take into account the presented fees/minimums. Also make sure you have filled your precise withdraw address.
When you are satisfied, make a mouse click on “Submit”. You could be asked for verfication via phone/email ahead of a withdrawal.