A Step-by-Step-Guide on how to buy BYZBIT (BYT)
Step 1 – Join Coinbase and get 10$ for free You'll first need to buy one of the top-tier currencies. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Click below to register and getting your first $10.
Step 2 – Send Your Ethereum (ETH) or Bitcoin (BTC) to an Cryptocurrency Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is similar. BYZBIT (BYT) is available on Binance, so we're going to use that as an sample. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this how-to) Make sure you've selected the correct coin you would like to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, et cetera. If you are working with a decentralized exchange, like Airswap or DDEX could be unlike (Follow these easy steps).
Step 3 – Find (BYT) BYZBIT Once your deposit has been affirmed, you'll instantly have access to your funds and you can begin purchasing and trading. To purchase (BYT) BYZBIT on Binance, you'll want to go to the ”Exchange” tab and after that mouse click on “Basic”. To locate (BYT) BYZBIT, you'll need to put the short name of the asset (BYT) into the search-box, which is highlighted in the picture. Make sure you have selected the correct grouping, we have highlighted this too. Click on “BYT/BTC” to go on.
Step 4 – Purchasing BYZBIT (BYT) After you've located BYZBIT (BYT), you'll be given a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). And now we're making our Limit Order. The field with the “Price” tag will be filled automatically with the most recent valuation BYZBIT (BYT) was sold for. This can be changed to your preferred rate. The ”Amount” field is the amount of BYT you wish to purchase. The ”Total” field is the aggregated price in Bitcoin that you will pay for the whole amount of BYT. When you're satisfied, make a mouse click on “Buy BYT”. Your plan will be filled when a Seller trades their BYT for the price you submitted.
Step 5 – Withdraw BYZBIT (BYT) Unless you're regularly trading, never keep your crypto on an Cryptocurrency Exchange for an longer time period. In order to take off your BYZBIT (BYT), go to the tab called “Funds” and click on “Withdraw”. BYZBIT (BYT) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate BYZBIT (BYT) by using the given drop-down box. Drop in the quantity of BYZBIT (BYT) you'd wish to take off. Take into account the displayed minimus/fees. Also make sure you have filled your right withdraw address. When you're satisfied, make a mouse click on “Submit”. You may be requested for verfication via email/phone before a withdrawal.