How to Buy Bitcoin Trust (BCT)

A Step-by-Step-Guide on how to buy Bitcoin Trust (BCT)

Step 1 – Join Coinbase – Get Free $10

You will first need to purchase one of the bigger currencies. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Follow the Link below for registration and getting your first 10 Dollar.

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

Your Ethereum or Bitcoin has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is alike. Bitcoin Trust (BCT) is accessible on Binance, so we will use that as an illustration. Unsure on how to send funds from Coinbase to an Exchange? (Just follow this guide)

Make sure you've selected the exact coin you wish to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, and so on. In the case you're using a decentralized exchange, like Airswap or DDEX could be opposed (Follow our manual).

Step 3 – Find Bitcoin Trust (BCT)

As soon as your deposit has been approved, you'll directly have access to your finances and you can launch purchasing and trading. To invest in Bitcoin Trust (BCT) on Binance, you'll want to hover over the “Exchange” tab and then click on “Basic”.

In order to find Bitcoin Trust (BCT), you will need to insert the cointype (BCT) into the search-box, which is marked in the graphic. Be certain of having choosen the right pairing, we have marked this too. Click on “BCT/BTC” to continue.

How to buy Coin on Binance 1 Bitcoin Trust (BCT)
Step 4 – Purchase Bitcoin Trust (BCT)

As soon as you've found (BCT) Bitcoin Trust, you'll be given a Price Chart (in the Center of the image) and some Order Books (on the Left of the picture). And now we're going to make our Limit Order.

The field with the “Price” tag will be automatically filled with the up-to-date tariff Bitcoin Trust (BCT) was sold for. This can be changed to your favoured rate. The field with the “Amount” tag is the quantity of BCT you wish to buy. The field with the “Total” tag is the whole price in Bitcoin that you'll pay for the complete quantity of BCT.

When you're satisfied, make a mouse click on “Buy BCT”. Your plan will be filled as soon as a Vendor trades their BCT for the price you submitted.

Step 5 – Withdraw Bitcoin Trust (BCT)

Unless you're regularly trading, best advise is not to keep your coins on an Cryptocurrency Exchange for an longer period of time. To take off your Bitcoin Trust (BCT), hover over the tab called “Funds” and click on “Withdraw”. Bitcoin Trust (BCT) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find (BCT) Bitcoin Trust by using the given drop-down box. Drop in the amount of Bitcoin Trust (BCT) you'd wish to withdraw. Don't forget the displayed fees/minimums. Also make sure you have filled your correct withdraw address.

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

Congrats! You have successfully bought and safed Bitcoin Trust (BCT).

That's it!

Withdrawals from Exchange can durate anywhere from 1 – 30 minutes (rely on usage of the network). As soon as you've confirmed your take off with Etherscan.io or Ethplorer.io and the Bitcoin Trust (BCT) is stored in your wallet, you're all done.