How to Buy Bitcoin 2 (BTC2)

A Step-by-Step-Guide on how to buy Bitcoin 2 (BTC2)

Step 1 – Join Coinbase – Get Free $10

You'll first need to buy one of the major currencies. Exchanges usually accept either Bitcoin or Ethereum in exchange for alternative Coins. Click below to register and getting your first 10$.

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

Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. Bitcoin 2 (BTC2) is accessible on Binance, so we're going to use that as an illustration. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this manual)

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

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, et cetera. If you are working with a decentralized exchange, such as Airswap or DDEX could be unlike (Follow these easy steps).

Step 3 – Locate Bitcoin 2 (BTC2)

Once your deposit has been confirmed, you'll directly have access to your finances and you can initiate invest and trading. To buy Bitcoin 2 (BTC2) on Binance, you will want to hover over the “Exchange” tab and mouse click on “Basic”.

In order to spot Bitcoin 2 (BTC2), you will need to put the cointype (BTC2) into the search box, which is marked in the picture. Make sure you have choosen the right grouping, we've marked this too. Click on “BTC2/BTC” to continue.

Binance How To Buy 1 Bitcoin 2 (BTC2)
Step 4 – Buying Bitcoin 2 (BTC2)

Once you have found (BTC2) Bitcoin 2, you'll be given a Price Chart (in the Center of the image) and some Order Books (on the Left of the picture). For now we're going to make our Limit Order.

The “Price” field will be filled automatically with the up-to-date rate (BTC2) Bitcoin 2 was sold for. This can be changed to your preferred rate. The field with the “Amount” tag is the quantity of BTC2 you like to buy. The “Total” field is the total price in Bitcoin that you'll pay for the complete quantity of BTC2.

When you're happy, make a mouse click on “Buy BTC2”. Your order will be filled as soon as a Seller trades their BTC2 for the price you submitted.

Step 5 – Withdraw Bitcoin 2 (BTC2)

Unless you're trading, best advise is not to keep coins on an Crypto Trader for an longer period of time. To withdraw your (BTC2) Bitcoin 2, go to the “Funds” tab and click on “Withdraw”. (BTC2) Bitcoin 2 can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (BTC2) Bitcoin 2 by using the provided drop-down box. Enter the amount of (BTC2) Bitcoin 2 you'd wish to withdraw. Take into account the presented fees/minimums. Also make sure you have filled your right withdraw address.

When you're glad, make a mouse click on “Submit”. You could be requested for verfication via phone/email before a take off.

Congrats! You've successfully purchased and safed Bitcoin 2 (BTC2).

That's it!

Take offs from Exchange can durate anywhere from 1 – 30 minutes (depending on network usage). Once you've confirmed your take off with Etherscan.io or Ethplorer.io and the Bitcoin 2 (BTC2) is safe in your wallet, you are done.