How to Buy Bancacy (BNY)

A Step-by-Step-Guide on how to buy Bancacy (BNY)

Step 1 – Join Coinbase and get 10$ for free

In the beginning you'll need to buy one of the major currencies. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Click below for registration and receive your welcome 10 Dollar.

Binance Signup
Step 2 – Transfer Your Ethereum or Bitcoin to an Crypto Exchange

Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is similar. Bancacy (BNY) 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 chosen the right coin you want to deposit.

Bitcoin must be sent to a BTC deposit address, ETH to an Ethereum deposit address, et cetera. In the case you're working with a decentralized exchange, like Airswap or DDEX could be unlike (Follow our manual).

Step 3 – Locate Bancacy (BNY)

Once your deposit has been confirmed, you'll directly have access to your assets and you can start purchasing and trading. To purchase (BNY) Bancacy on Binance, you will want to hover over the tab which is called “Exchange” and after that click on “Basic”.

To discover (BNY) Bancacy, you will need to put the cointype (BNY) into the search-box, which is marked in the graphic. Make sure you have selected the correct pairing, we've marked this also. Click on “BNY/BTC” to advance.

How to buy Coin on Binance 1 Bancacy (BNY)
Step 4 – Buying (BNY) Bancacy

Once you have found (BNY) Bancacy, you will be presented with a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the picture). And now we are making our own Limit Order.

The field with the “Price” tag will be filled automatically with the up-to-date price (BNY) Bancacy was sold for. You can change this to your desired rate. The “Amount” field is the amount of BNY you like to buy. The “Total” field is the whole price in BTC that you will pay for the whole amount of BNY.

When you are satisfied, make a mouse click on “Buy BNY”. Your plan will be filled as soon as a Vendor trades their BNY for the price you submitted.

Step 5 – Withdraw Bancacy (BNY)

Unless you're trading, best advise is not to keep crypto on an Crypto Exchange for an extended period of time. To withdraw your (BNY) Bancacy, hover over the “Funds” tab and mouse click on “Withdraw”. Bancacy (BNY) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (BNY) Bancacy by using the provided drop-down box. Put into the volumen of Bancacy (BNY) you would wish to withdraw. Don't forget the presented fees/minimums. Also make sure you have filled your precise withdraw address.

If you are glad, click “Submit”. You may be requested for phone/email verification before a take off.

Congrats! You've successfully purchased and stored Bancacy (BNY).

That's it!

Take offs from Exchange can durate between 1 – 30 minutes (depending on network usage). As soon as you've confirmed your withdrawal with Ethplorer.io or Etherscan.io and the (BNY) Bancacy is stored inside your wallet, you're done.