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 Bitcoin or Ethereum to an Exchange Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is alike. Bread (BRD) is obtainable on Binance, so we will use that as an illustration. Not sure on how to send Coinbase funds to an Exchange? (Just follow this guide) Make sure you have chosen the exact coin you want to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, and so on. If you are working with a decentralized exchange, like Airswap or DDEX could be different (Just follow our how-to).
Step 3 – Locate Bread (BRD) As soon as your deposit has been confirmed, you will immediately have access to your funds and you can initiate invest and trading. To invest in Bread (BRD) on Binance, you will want to hover over the tab which is called “Exchange” and after that mouse click on “Basic”. To locate Bread (BRD), you'll need to insert the cointype (BRD) into the search box, which is highlighted in the picture. Be certain of having selected the right grouping, we've marked this too. Click on “BRD/BTC” to continue.
Step 4 – Purchasing Bread (BRD) After you've discovered Bread (BRD), you will be presented with a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the picture). Next we're going to create our own Limit Order. The field with the “Price” tag will be automatically filled with the most recent valuation Bread (BRD) was sold for. You can change this to your preferred rate. The field with the “Amount” tag is the amount of BRD you like to buy. The ”Total” field is the whole price in BTC that you will pay for the complete volumen of BRD. If you're satisfied, click on “Buy BRD”. Your plan will be filled as soon as a Vender trades their BRD for the price you offered.
Step 5 – Withdraw Bread (BRD) Unless you are regularly trading, you should never keepyour coins on an Crypto Trader for an longer period of time. To withdraw your Bread (BRD), hover over the tab called “Funds” and click on “Withdraw”. Bread (BRD) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Bread (BRD) by using the given drop-down box. Enter the volumen of Bread (BRD) you'd wish to take off. Take into account the presented minimus/fees. Also make sure you have entered your precise withdraw address. If you're happy, click “Submit”. You could be asked for email/phone verification before a take off.