A Step-by-Step-Guide on how to buy BUMO (BU)
Step 1 – Signup to Coinbase and recieve 10$ for free You'll first need to purchase units of the major currencies. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Follow the Link below for registration and getting your first 10$.
Step 2 – Transmit Your Bitcoin (BTC) or Ethereum (ETH) to an Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Exchange now. All exchanges have a deposit form that is identical. BUMO (BU) is accessible on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Exchange? (Just follow this manual) Make sure you have chosen the precise coin you would like to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etc. If you are working with a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our guide).
Step 3 – Locate (BU) BUMO As soon as your deposit has been approved, you will directly have access to your assets and you can initiate invest and trading. To invest in (BU) BUMO on Binance, you will want to hover over the ”Exchange” tab and after that mouse click on “Basic”. In order to discover (BU) BUMO, you will need to insert the short name of the asset (BU) into the search box, which is highlighted in the image. Make sure you have choosen the right grouping, we've highlighted this also. Click on “BU/BTC” to continue.
Step 4 – Purchase (BU) BUMO As soon as you have located (BU) BUMO, you will be presented with a Price Chart (in the Center of the image) and some Order Books (on the Left of the image). For now we are creating our Limit Order. The field with the “Price” tag will be filled automatically with the most recent price (BU) BUMO was traded for. You can change this to your favoured rate. The field with the “Amount” tag is the amount of BU you wish to purchase. The ”Total” field is the aggregated price in Bitcoin that you will settle for the whole amount of BU. When you're glad, make a mouse click on “Buy BU”. Your order will be filled when a Seller trades their BU for the price you gave.
Step 5 – Withdraw BUMO (BU) Unless you're regularly trading, never keep your crypto on an Crypto Exchange for an longer time period. In order to withdraw your BUMO (BU), hover over the tab called “Funds” and mouse click on “Withdraw”. BUMO (BU) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate BUMO (BU) by using the given drop-down box. Put into the amount of BUMO (BU) you'd wish to withdraw. Take into account the demonstrated minimus/fees. Also make sure you have entered your correct withdraw address. If you're happy, click “Submit”. You could be requested for verfication via phone/email ahead of a take off.