How to Buy BFX COIN (BFX)

A Step-by-Step-Guide on how to buy BFX COIN (BFX)

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

You will first need to buy one of the major currencies. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Click below for registration and to get your first $10.

Binance Signup
Step 2 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Cryptocurrency Exchange

Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is alike. BFX COIN (BFX) is obtainable on Binance, so we will use that as an sample. Not sure on how to send funds from Coinbase to an Crypto Trader? (Follow this manual)

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

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etcetera. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our how-to).

Step 3 – Find BFX COIN (BFX)

As soon as your deposit has been affirmed, you will now have access to your funds and you can launch invest and trading. To purchase (BFX) BFX COIN on Binance, you'll want to hover over the tab which is called “Exchange” and mouse click on “Basic”.

To spot (BFX) BFX COIN, you will need to put the shortname of the coin (BFX) into the search box, which is highlighted in the graphic. Make sure you have choosen the correct grouping, we've marked this also. Click on “BFX/BTC” to go on.

Binance How To Buy 1 BFX COIN (BFX)
Step 4 – Acquisition of BFX COIN (BFX)

After you've spotted (BFX) BFX COIN, you'll be presented with a Price Chart (in the Center of the image) and a few Order Books (Leftside of the picture). And now we're going to create our own Limit Order.

The field with the “Price” tag will be filled automatically with the latest tariff (BFX) BFX COIN was sold for. You can change this to your favoured rate. The “Amount” field is the quantity of BFX you wish to purchase. The field with the “Total” tag is the aggregated price in Bitcoin that you will pay for the complete volumen of BFX.

When you're happy, click on “Buy BFX”. Your order will be filled as soon as a Vendor sells their BFX for the price you gave.

Step 5 – Withdraw BFX COIN (BFX)

Unless you are frequently trading, you should never keepyour crypto coins on an Exchange for an longer time frame. To take off your BFX COIN (BFX), hover over the tab called “Funds” and mouse click on “Withdraw”. (BFX) BFX COIN can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate BFX COIN (BFX) by using the given drop-down box. Put into the amount of BFX COIN (BFX) you'd like to withdraw. Don't forget the displayed fees/minimums. Also make sure you have filled your precise withdraw address.

If you're happy, make a mouse click on “Submit”. You could be requested for verfication via email/phone ahead of a withdrawal.

Congratulations! You have successfully bought and safed BFX COIN (BFX).

That's it!

Withdrawals from Cryptocurrency Exchange can durate anywhere from 1 – 30 minutes (rely on network usage). Once you have proved your take off with Etherscan.io or Ethplorer.io and the BFX COIN (BFX) is stored in your wallet, you're done.