A Step-by-Step-Guide on how to buy Business Credit Substitute (BCS)
Step 1 – Signup to Kraken In the beginning you'll need to purchase one of the major coins. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Follow the Link below to register and getting Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transmit Your Funds to an Crypto Trader Your Bitcoin or Ethereum has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is alike. Business Credit Substitute (BCS) is obtainable on Binance, so we're going to use that as an example. Not sure on how to send funds from Coinbase to an Crypto Trader? (Follow this manual) Make sure you've selected the precise coin you want to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, and so forth. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be divergent (Follow these easy steps).
Step 3 – Find Business Credit Substitute (BCS) As soon as your deposit has been approved, you'll immediately have access to your assets and you can begin invest and trading. To purchase Business Credit Substitute (BCS) on Binance, you'll want to hover over the ”Exchange” tab and after that mouse click on “Basic”. To find Business Credit Substitute (BCS), you will need to put the short name of the asset (BCS) into the search-box, which is marked in the image. Be certain of having selected the proper pairing, we've marked this also. Click on “BCS/BTC” to go on.
Step 4 – Purchasing Business Credit Substitute (BCS) As soon as you have discovered Business Credit Substitute (BCS), you will be given a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the picture). For now we are going to create our own Limit Order. The ”Price” field will be filled automatically with the most latest tariff Business Credit Substitute (BCS) was traded for. You can change this to your favoured rate. The field with the “Amount” tag is the quantity of BCS you wish to buy. The ”Total” field is the whole price in Bitcoin that you will settle for the whole quantity of BCS. If you are happy, click on “Buy BCS”. Your plan will be filled when a Vendor trades their BCS for the price you gave.
Step 5 – Withdraw Business Credit Substitute (BCS) Unless you are regularly trading, best advise is not to keep crypto on an Crypto Exchange for an extensive period of time. In order to withdraw your Business Credit Substitute (BCS), hover over the tab called “Funds” and mouse click on “Withdraw”. Business Credit Substitute (BCS) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Business Credit Substitute (BCS) by using the given drop-down box. Put into the amount of Business Credit Substitute (BCS) you'd like to withdraw. Don't forget the presented minimus/fees. Also make sure you have entered your correct withdraw address. If you are satisfied, click on “Submit”. You could be asked for email/phone verification before a withdrawal.