A Step-by-Step-Guide on how to buy BYTZ (BYTZ)
Step 1 – Signup to Kraken You'll first need to buy units of the bigger currencies. Exchanges usually accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Click the button below for registration and getting ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Send Your Ethereum or Bitcoin to an Crypto Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is alike. BYTZ (BYTZ) is accessible on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Crypto Exchange? (Just follow this manual) Make sure you've selected the right coin you would like to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etcetera. If you are dealing with a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our how-to).
Step 3 – Locate BYTZ (BYTZ) Once your deposit has been affirmed, you'll now have access to your funds and you can initiate buying and trading. To purchase BYTZ (BYTZ) on Binance, you'll want to hover over the ”Exchange” tab and after that click on “Basic”. In order to locate BYTZ (BYTZ), you'll need to put the cointype (BYTZ) into the search box, which is marked in the graphic. Make sure you have selected the right grouping, we've marked this also. Click on “BYTZ/BTC” to proceed.
Step 4 – Buying BYTZ (BYTZ) After you have spotted BYTZ (BYTZ), you'll be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the picture). For now we are creating our Limit Order. The ”Price” field will be automatically filled with the up-to-date rate BYTZ (BYTZ) was traded for. You can change this to your preferred price. The field with the “Amount” tag is the quantity of BYTZ you like to buy. The ”Total” field is the aggregated price in Bitcoin that you will settle for the complete quantity of BYTZ. When you're glad, click on “Buy BYTZ”. Your order will be filled when a Seller sells their BYTZ for the price you submitted.
Step 5 – Withdraw BYTZ (BYTZ) Unless you are frequently trading, you should never keepyour coins on an Exchange for an longer period of time. In order to take off your BYTZ (BYTZ), go to the ”Funds” tab and mouse click on “Withdraw”. BYTZ (BYTZ) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find BYTZ (BYTZ) by using the given drop-down box. Put into the amount of BYTZ (BYTZ) you would wish to take off. Don't forget the presented fees/minimums. Also make sure you have filled your right withdraw address. If you are happy, click “Submit”. You may be requested for email/phone verification before a take off.