A Step-by-Step-Guide on how to buy Binarium (BIN)
Step 1 – Signup to eToro In the beginning you'll need to purchase one of the top-tier coins. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Click below to register and receive yBitcoin or Ethereum.
Step 2 – Transmit Your Bitcoin (BTC) or Ethereum (ETH) to an 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 alike. Binarium (BIN) is accessible on Binance, so we will use that as an illustration. Not sure on how to send funds from Coinbase to an Crypto Trader? (Just follow these easy steps) Make sure you've selected the right coin you want to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, and so on. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be different (Just follow our manual).
Step 3 – Locate Binarium (BIN) As soon as your deposit has been verified, you will instantly have access to your funds and you can launch invest and trading. To purchase Binarium (BIN) on Binance, you will want to go to the tab which is called “Exchange” and click on “Basic”. In order to discover (BIN) Binarium, you will need to insert the shortname of the coin (BIN) into the search box, which is highlighted in the graphic. Be certain of having choosen the proper pairing, we've marked this also. Click on “BIN/BTC” to advance.
Step 4 – Purchasing (BIN) Binarium As soon as you've spotted Binarium (BIN), you'll be presented with a Price Chart (in the Center of the picture) and some Order Books (on the Left of the picture). And now we're creating our Limit Order. The “Price” field will be filled with the most recent tariff (BIN) Binarium was sold for. You can change this to your preferred price. The “Amount” field is the volumen of BIN you want to purchase. The field with the “Total” tag is the total price in BTC that you will pay for the whole amount of BIN. If you're happy, click on “Buy BIN”. Your order will be filled as soon as a Vender sells their BIN for the price you introduced.
Step 5 – Withdraw Binarium (BIN) Unless you're trading, best advise is not to keep your crypto coins on an Exchange for an longer time frame. In order to withdraw your Binarium (BIN), go to the “Funds” tab and click on “Withdraw”. Binarium (BIN) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Binarium (BIN) by using the given drop-down box. Put into the amount of (BIN) Binarium you would like to take off. Take into account the demonstrated fees/minimums. Also make sure you have entered your right withdraw address. If you're happy, click “Submit”. You could be asked for verfication via email/phone ahead of a withdrawal.