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 – Send Your Bitcoin (BTC) or Ethereum (ETH) to an Exchange

Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is similar. bZx Protocol (BZRX) is available on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Crypto Exchange? (Follow this guide)

Make sure you have chosen the right coin you would like to deposit.

Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, et cetera. If you're using a decentralized exchange, like Airswap or DDEX could be opposed (Follow our manual).

Step 3 – Locate bZx Protocol (BZRX)

Once your deposit has been approved, you will now have access to your finances and you can commence invest and trading. To purchase bZx Protocol (BZRX) on Binance, you will want to hover over the tab which is called “Exchange” and then mouse click on “Basic”.

To locate bZx Protocol (BZRX), you'll need to put the short name of the asset (BZRX) into the search-box, which is highlighted in the graphic. Be certain of having selected the correct grouping, we've highlighted this also. Click on “BZRX/BTC” to progress.

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

Once you have spotted bZx Protocol (BZRX), you will be given a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the image). And now we're going to make our own Limit Order.

The field with the “Price” tag will be filled with the most up-to-date rate bZx Protocol (BZRX) was traded for. This can be changed to your desired price. The ”Amount” field is the volumen of BZRX you want to buy. The ”Total” field is the total price in BTC that you'll pay for the whole volumen of BZRX.

When you're glad, make a mouse click on “Buy BZRX”. Your plan will be filled as soon as a Seller sells their BZRX for the price you introduced.

Step 5 – Withdraw bZx Protocol (BZRX)

Unless you're frequently trading, best advise is not to keep crypto on an Exchange for an longer time frame. In order to take off your bZx Protocol (BZRX), go to the ”Funds” tab and mouse click on “Withdraw”. bZx Protocol (BZRX) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate bZx Protocol (BZRX) by using the given drop-down box. Drop in the quantity of bZx Protocol (BZRX) you would wish to take off. Take into account the demonstrated minimus/fees. Also make sure you have entered your correct withdraw address.

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

Binance Withdraw

Congrats! You have successfully purchased and stored bZx Protocol (BZRX).

That's it!

Take offs from Cryptocurrency Exchange can take between 1 – 30 minutes (rely on network usage). Once you've proved your withdrawal with Ethplorer.io or Etherscan.io and the (BZRX) bZx Protocol is stored in your wallet, you're all done.

Some other Guides on How to buy Coins

How to Buy GoDigit
How to Buy Weibo Corporation
How to Buy Coins
/* */ Generated by MPG