A Step-by-Step-Guide on how to buy BitcoinMoney (BCM)
Step 1 – Signup to Coinbase and receive 10$ in Bitcoin You'll first need to buy one of the bigger coins. Exchanges usually accept either Bitcoin or Ethereum in exchange for Altcoins. Click below for registration and to get Ethereum or Bitcoin.
Step 2 – Transmit Your Bitcoin or Ethereum to an Crypto Trader Your Ethereum or Bitcoin has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is identical. BitcoinMoney (BCM) is obtainable on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Crypto Trader? (Just follow this manual) Make sure you have chosen the correct coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, et cetera. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our guide).
Step 3 – Find BitcoinMoney (BCM) As soon as your deposit has been verified, you will immediately have access to your assets and you can begin buying and trading. To invest in BitcoinMoney (BCM) on Binance, you will want to go to the “Exchange” tab and click on “Basic”. In order to spot (BCM) BitcoinMoney, you will need to insert the shortname of the coin (BCM) into the search box, which is highlighted in the image. Be certain of having selected the correct grouping, we've marked this too. Click on “BCM/BTC” to continue.
Step 4 – Acquisition of (BCM) BitcoinMoney Once you have spotted (BCM) BitcoinMoney, you'll be given a Price Chart (in the Center of the image) and some Order Books (on the Left of the image). For now we are creating our Limit Order. The field with the “Price” tag will be filled with the recent price (BCM) BitcoinMoney was sold for. This can be changed to your preferred rate. The field with the “Amount” tag is the volumen of BCM you want to purchase. The “Total” field is the total price in Bitcoin that you'll pay for the complete volumen of BCM. If you are happy, make a mouse click on “Buy BCM”. Your order will be filled when a Vender sells their BCM for the price you offered.
Step 5 – Withdraw (BCM) BitcoinMoney Unless you are regularly trading, you should never keepyour crypto on an Crypto Trader for an extensive time frame. In order to withdraw your BitcoinMoney (BCM), go to the “Funds” tab and mouse click on “Withdraw”. (BCM) BitcoinMoney can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find BitcoinMoney (BCM) by using the given drop-down box. Drop in the quantity of (BCM) BitcoinMoney you would wish to take off. Take into account the demonstrated minimus/fees. Also make sure you have entered your precise withdraw address. When you're satisfied, click “Submit”. You could be requested for verfication via phone/email before a withdrawal.