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 – Transmit Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Exchange Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is similar. Bread (BRD) is accessible on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Crypto Exchange? (Just follow this guide) Make sure you have chosen the exact coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so forth. In the case you're using a decentralized exchange, such as Airswap or DDEX could be different (Just follow our guide).
Step 3 – Find Bread (BRD) Once your deposit has been affirmed, you'll instantly have access to your funds and you can initiate buying and trading. To invest in Bread (BRD) on Binance, you'll want to hover over the tab which is called “Exchange” and mouse click on “Basic”. To spot Bread (BRD), you'll need to insert the shortname of the coin (BRD) into the search-box, which is marked in the image. Make sure you have choosen the proper grouping, we have marked this also. Click on “BRD/BTC” to proceed.
Step 4 – Purchasing Bread (BRD) Once you have spotted Bread (BRD), you'll be given a Price Chart (in the Center of the picture) and some Order Books (on the Left of the picture). For now we are creating our Limit Order. The ”Price” field will be filled with the up-to-date tariff Bread (BRD) was traded for. This can be changed to your desired price. The ”Amount” field is the amount of BRD you like to buy. The field with the “Total” tag is the aggregated price in BTC that you'll pay for the complete amount of BRD. If you are satisfied, make a mouse click on “Buy BRD”. Your plan will be filled as soon as a Seller sells their BRD for the price you offered.
Step 5 – Withdraw Bread (BRD) Unless you are frequently trading, never keep your crypto on an Exchange for an longer period of time. To withdraw your Bread (BRD), hover over the ”Funds” tab and click on “Withdraw”. Bread (BRD) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Bread (BRD) by using the provided drop-down box. Enter the amount of Bread (BRD) you would wish to withdraw. Take into account the demonstrated fees/minimums. Also make sure you have entered your correct withdraw address. When you are satisfied, click on “Submit”. You may be requested for email/phone verification ahead of a withdrawal.
Congrats! You have successfully bought and safed Bread (BRD).That's it! Withdrawals from Cryptocurrency Exchange can durate anywhere from 1 – 30 minutes (depending on network usage). Once you have confirmed your take off using Ethplorer.io or Etherscan.io and the (BRD) Bread is safe inside your wallet, you're all done.
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