A Step-by-Step-Guide on how to buy BTC-Alpha Token (BAC)
Step 1 – Signup to CEX.io You'll first need to purchase units of the bigger coins. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Follow the Link below to register and to get Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Transmit Your Ethereum or Bitcoin to an Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Exchange now. Every exchange has a deposit form that is similar. BTC-Alpha Token (BAC) is obtainable on Binance, so we're going to use that as an illustration. Unsure on how to send Coinbase funds to an Exchange? (Follow this how-to) Make sure you have selected the right coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etc. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our guide).
Step 3 – Locate BTC-Alpha Token (BAC) As soon as your deposit has been affirmed, you will now have access to your assets and you can start buying and trading. To buy BTC-Alpha Token (BAC) on Binance, you will want to go to the ”Exchange” tab and then click on “Basic”. In order to find BTC-Alpha Token (BAC), you will need to insert the short name of the asset (BAC) into the search box, which is marked in the graphic. Make sure you have selected the correct pairing, we've marked this also. Click on “BAC/BTC” to go ahead.
Step 4 – Purchase (BAC) BTC-Alpha Token As soon as you have located (BAC) BTC-Alpha Token, you will be given a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the picture). Next we are making our own Limit Order. The ”Price” field will be filled with the most latest rate (BAC) BTC-Alpha Token was sold for. This can be changed to your favoured rate. The ”Amount” field is the volumen of BAC you like to buy. The ”Total” field is the aggregated price in BTC that you will settle for the complete volumen of BAC. If you are happy, click on “Buy BAC”. Your order will be filled as soon as a Seller sells their BAC for the price you gave.
Step 5 – Withdraw BTC-Alpha Token (BAC) Unless you're frequently trading, best advise is not to keep crypto coins on an Cryptocurrency Exchange for an longer period of time. In order to withdraw your BTC-Alpha Token (BAC), go to the tab called “Funds” and mouse click on “Withdraw”. BTC-Alpha Token (BAC) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate BTC-Alpha Token (BAC) by using the provided drop-down box. Put into the volumen of BTC-Alpha Token (BAC) you'd wish to withdraw. Don't forget the displayed fees/minimums. Also make sure you have filled your right withdraw address. When you're glad, click “Submit”. You could be asked for verfication via phone/email before a withdrawal.