A Step-by-Step-Guide on how to buy Bankcoin Cash (BKC)
Step 1 – Signup to Coinbase and get 10$ for free In the beginning you'll need to purchase units of the top-tier currencies. Exchanges normally accept either Ethereum or Bitcoin in exchange for alternative Coins. Follow the Link below to register and getting your welcome $10.
Step 2 – Transfer Your Bitcoin or Ethereum to an Cryptocurrency Exchange Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is similar. Bankcoin Cash (BKC) is obtainable on Binance, so we will use that as an illustration. Not sure on how to send Coinbase funds to an Crypto Trader? (Follow this how-to) Make sure you've selected the precise coin you wish to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etc. If you're working with a decentralized exchange, like Airswap or DDEX could be different (Follow our guide).
Step 3 – Find (BKC) Bankcoin Cash As soon as your deposit has been confirmed, you'll instantly have access to your funds and you can start invest and trading. To buy Bankcoin Cash (BKC) on Binance, you'll want to go to the tab which is called “Exchange” and then click on “Basic”. In order to spot (BKC) Bankcoin Cash, you'll need to insert the short name of the asset (BKC) into the search-box, which is highlighted in the image. Make sure you have choosen the correct pairing, we have marked this also. Click on “BKC/BTC” to continue.
Step 4 – Purchase Bankcoin Cash (BKC) Once you've located Bankcoin Cash (BKC), you will be given a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). And now we're going to create our Limit Order. The field with the “Price” tag will be filled automatically with the up-to-date price Bankcoin Cash (BKC) was traded for. You can change this to your preferred price. The “Amount” field is the quantity of BKC you wish to buy. The field with the “Total” tag is the aggregated price in BTC that you'll settle for the complete volumen of BKC. When you're satisfied, click on “Buy BKC”. Your order will be filled as soon as a Vendor trades their BKC for the price you gave.
Step 5 – Withdraw Bankcoin Cash (BKC) Unless you're trading, you should never keepyour crypto coins on an Exchange for an extended period of time. In order to withdraw your (BKC) Bankcoin Cash, hover over the tab called “Funds” and click on “Withdraw”. Bankcoin Cash (BKC) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find (BKC) Bankcoin Cash by using the provided drop-down box. Drop in the quantity of (BKC) Bankcoin Cash you'd like to take off. Don't forget the demonstrated minimus/fees. Also make sure you have entered your precise withdraw address. If you're glad, click on “Submit”. You could be requested for verfication via email/phone before a withdrawal.