How to Buy Bidao (BID)

A Step-by-Step-Guide on how to buy Bidao (BID)

Step 1 – Signup to Coinbase – Get Free $10

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

Binance Signup
Step 2 – Transmit Your Bitcoin or Ethereum to an Crypto Trader

Your Bitcoin or Ethereum will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. Bidao (BID) is available on Binance, so we will use that as an illustration. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this how-to)

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

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etcetera. If you're working with a decentralized exchange, like Airswap or DDEX could be unlike (Follow our manual).

Step 3 – Find (BID) Bidao

Once your deposit has been confirmed, you'll now have access to your funds and you can launch buying and trading. To invest in (BID) Bidao on Binance, you will want to hover over the “Exchange” tab and after that mouse click on “Basic”.

To spot Bidao (BID), you will need to put the shortname of the coin (BID) into the search-box, which is marked in the graphic. Be certain of having selected the right pairing, we've highlighted this also. Click on “BID/BTC” to continue.

Binance How To Buy 1 Bidao (BID)
Step 4 – Buy Bidao (BID)

After you have discovered Bidao (BID), you'll be presented with a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). And now we're going to make our Limit Order.

The “Price” field will be filled with the recent price Bidao (BID) was traded for. This can be changed to your preferred rate. The field with the “Amount” tag is the quantity of BID you wish to buy. The field with the “Total” tag is the whole price in Bitcoin that you'll pay for the whole quantity of BID.

If you are satisfied, make a mouse click on “Buy BID”. Your order will be filled as soon as a Vendor sells their BID for the price you offered.

Step 5 – Withdraw Bidao (BID)

Unless you are regularly trading, best advise is not to keep crypto coins on an Cryptocurrency Exchange for an extensive time frame. In order to take off your Bidao (BID), hover over the “Funds” tab and mouse click on “Withdraw”. (BID) Bidao can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Bidao (BID) by using the given drop-down box. Drop in the quantity of Bidao (BID) you would like to take off. Take into account the demonstrated fees/minimums. Also make sure you have filled your correct withdraw address.

When you are glad, click “Submit”. You may be asked for verfication via email/phone ahead of a take off.

Congratulations! You have successfully purchased and stored (BID) Bidao.

That's it!

Take offs from Crypto Trader can take anywhere from 1 – 30 minutes (depending on network usage). As soon as you've proved your withdrawal with Ethplorer.io or Etherscan.io and the Bidao (BID) is stored inside your wallet, you are all done.