How to Buy bZx Protocol (BZRX)

A Step-by-Step-Guide on how to buy bZx Protocol (BZRX)

Step 1 – Join Kraken

In the beginning you'll need to buy units of the major currencies. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Click the button below for registration and receive Bitcoin (BTC) or Ethereum (ETH).

Binance Signup
Step 2 – Transfer Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Exchange

Your Bitcoin or Ethereum will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is identical. bZx Protocol (BZRX) 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 Crypto Trader? (Follow these easy steps)

Make sure you've selected the right coin you would like to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, et cetera. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be different (Follow these easy steps).

Step 3 – Locate bZx Protocol (BZRX)

Once your deposit has been confirmed, you will now have access to your assets and you can commence purchasing and trading. To purchase bZx Protocol (BZRX) on Binance, you will want to go to the tab which is called “Exchange” and after that mouse click on “Basic”.

To find bZx Protocol (BZRX), you'll need to put the short name of the asset (BZRX) into the search box, which is highlighted in the picture. Make sure you have selected the proper grouping, we've highlighted this too. Click on “BZRX/BTC” to go on.

Binance Hot To Buy bZx Protocol (BZRX)
Binance How to Buy (BZRX) bZx Protocol
Step 4 – Purchasing bZx Protocol (BZRX)

As soon as you have located bZx Protocol (BZRX), you will be presented with a Price Chart (in the Center of the image) and some Order Books (on the Left of the image). Next we are going to create our own Limit Order.

The ”Price” field will be automatically filled with the most latest tariff bZx Protocol (BZRX) was sold for. This can be changed to your desired price. The ”Amount” field is the quantity of BZRX you want to buy. The field with the “Total” tag is the whole price in Bitcoin that you'll pay for the complete volumen of BZRX.

If you're happy, click on “Buy BZRX”. Your order will be filled when a Seller trades their BZRX for the price you offered.

Step 5 – Withdraw bZx Protocol (BZRX)

Unless you're regularly trading, you should never keepyour crypto coins on an Cryptocurrency Exchange for an extensive period of time. In order to withdraw your bZx Protocol (BZRX), go to the ”Funds” tab and click on “Withdraw”. bZx Protocol (BZRX) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate bZx Protocol (BZRX) by using the given drop-down box. Enter the volumen of bZx Protocol (BZRX) you would like to withdraw. Take into account the presented fees/minimums. Also make sure you have entered your correct withdraw address.

When you're glad, click on “Submit”. You could be requested for phone/email verification before a withdrawal.

Binance Withdraw

Kudos! You've successfully bought and stored bZx Protocol (BZRX).

That's it!

Take offs from Crypto Exchange can take anywhere from 1 – 30 minutes (depending on usage of the network). Once you've proved your withdrawal with Ethplorer.io or Etherscan.io and the (BZRX) bZx Protocol is safe inside your wallet, you're done.

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