How to Buy BANKEX (BKX)

A Step-by-Step-Guide on how to buy BANKEX (BKX)

Step 1 – Signup to Coinbase and recieve 10$ for free

In the beginning you'll need to buy units of the major currencies. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Click the button below to register and to get your first $10.

Binance Signup
Step 2 – Send Your Funds to an Crypto Exchange

Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. BANKEX (BKX) is obtainable on Binance, so we're going to use that as an sample. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this how-to)

Make sure you've chosen the exact coin you want to deposit.

Bitcoin must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, et cetera. In the case you are working with a decentralized exchange, like Airswap or DDEX could be divergent (Follow our how-to).

Step 3 – Find (BKX) BANKEX

Once your deposit has been approved, you will immediately have access to your finances and you can initiate buying and trading. To invest in BANKEX (BKX) on Binance, you will want to go to the tab which is called “Exchange” and after that mouse click on “Basic”.

In order to spot BANKEX (BKX), you'll need to put the short name of the asset (BKX) 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 “BKX/BTC” to go on.

How to buy Coin on Binance 1 BANKEX (BKX)
Step 4 – Acquisition of (BKX) BANKEX

After you've discovered (BKX) BANKEX, you will be given a Price Chart (in the Center of the picture) and some Order Books (on the Left of the picture). And now we are going to make our own Limit Order.

The “Price” field will be filled with the up-to-date price BANKEX (BKX) was sold for. This can be changed to your desired rate. The field with the “Amount” tag is the amount of BKX you want to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you'll settle for the complete amount of BKX.

When you are happy, make a mouse click on “Buy BKX”. Your plan will be filled when a Seller sells their BKX for the price you submitted.

Step 5 – Withdraw (BKX) BANKEX

Unless you're regularly trading, best advise is not to keep your crypto on an Crypto Trader for an extended time period. To take off your (BKX) BANKEX, go to the tab called “Funds” and mouse click on “Withdraw”. (BKX) BANKEX can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find (BKX) BANKEX by using the given drop-down box. Put into the amount of (BKX) BANKEX you would like to take off. Don't forget the shown fees/minimums. Also make sure you have entered your correct withdraw address.

If you are satisfied, click on “Submit”. You may be asked for verfication via phone/email ahead of a withdrawal.

Congratulations! You have successfully bought and stored (BKX) BANKEX.

That's it!

Withdrawals from Crypto Trader can take between 1 – 30 minutes (depending on usage of the network). As soon as you have confirmed your withdrawal with Ethplorer.io or Etherscan.io and the BANKEX (BKX) is stored inside your wallet, you are all done.