A Step-by-Step-Guide on how to buy Bitcoin Trust (BCT)
Step 1 – Join Coinbase and receive 10$ in Bitcoin You will first need to purchase units of the major coins. Exchanges commonly accept either Ethereum or Bitcoin in exchange for alternative Coins. Click the button below to register and receive Bitcoin or Ethereum.
Step 2 – Transmit Your Bitcoin or Ethereum to an Cryptocurrency Exchange Your Ethereum or Bitcoin will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is identical. Bitcoin Trust (BCT) is obtainable on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this manual) Make sure you have selected the exact coin you wish to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so forth. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our guide).
Step 3 – Locate Bitcoin Trust (BCT) As soon as your deposit has been confirmed, you will directly have access to your assets and you can launch purchasing and trading. To buy Bitcoin Trust (BCT) on Binance, you'll want to go to the tab which is called “Exchange” and after that click on “Basic”. In order to locate (BCT) Bitcoin Trust, you will need to insert the shortname of the coin (BCT) into the search-box, which is highlighted in the image. Be certain of having choosen the correct grouping, we have marked this also. Click on “BCT/BTC” to proceed.
Step 4 – Purchasing (BCT) Bitcoin Trust As soon as you have found Bitcoin Trust (BCT), you'll be given a Price Chart (in the Center of the image) and a few Order Books (Leftside of the picture). For now we are going to create our Limit Order. The “Price” field will be filled automatically with the up-to-date price Bitcoin Trust (BCT) was sold for. This can be changed to your desired rate. The “Amount” field is the amount of BCT you wish to purchase. The “Total” field is the aggregated price in BTC that you'll pay for the complete volumen of BCT. When you are 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 crypto on an Cryptocurrency Exchange for an longer time frame. In order to take off your Bitcoin Trust (BCT), go to the “Funds” tab and mouse click on “Withdraw”. Bitcoin Trust (BCT) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Bitcoin Trust (BCT) by using the given drop-down box. Drop in the amount of (BCT) Bitcoin Trust you'd like to take off. Take into account the shown fees/minimums. Also make sure you have filled your precise withdraw address. If you're satisfied, click on “Submit”. You could be asked for email/phone verification ahead of a take off.