How to Buy BitcoinPoS (BPS)

A Step-by-Step-Guide on how to buy BitcoinPoS (BPS)

Step 1 – Signup to Coinbase – Get Free $10

In the beginning you'll need to buy units of the major coins. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Click the button below to register and getting your welcome 10 Dollar.

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

Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is identical. BitcoinPoS (BPS) is obtainable on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Exchange? (Follow these easy steps)

Make sure you have chosen the correct coin you want to deposit.

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so forth. If you're working with a decentralized exchange, like Airswap or DDEX could be different (Just follow our manual).

Step 3 – Find (BPS) BitcoinPoS

As soon as your deposit has been approved, you'll directly have access to your assets and you can start buying and trading. To buy (BPS) BitcoinPoS on Binance, you'll want to go to the “Exchange” tab and then mouse click on “Basic”.

In order to find BitcoinPoS (BPS), you will need to put the shortname of the coin (BPS) into the search-box, which is highlighted in the graphic. Be certain of having selected the proper grouping, we have marked this too. Click on “BPS/BTC” to continue.

How to buy Coin on Binance 1 BitcoinPoS (BPS)
Step 4 – Buy BitcoinPoS (BPS)

Once you have spotted BitcoinPoS (BPS), you'll be presented with a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). For now we are going to create our own Limit Order.

The “Price” field will be automatically filled with the most recent valuation BitcoinPoS (BPS) was sold for. This can be changed to your favoured price. The “Amount” field is the volumen of BPS you want to buy. The field with the “Total” tag is the aggregated price in BTC that you will settle for the complete amount of BPS.

If you are glad, make a mouse click on “Buy BPS”. Your order will be filled when a Seller trades their BPS for the price you gave.

Step 5 – Withdraw BitcoinPoS (BPS)

Unless you are trading, never keep your coins on an Exchange for an longer time frame. To take off your BitcoinPoS (BPS), go to the “Funds” tab and click on “Withdraw”. (BPS) BitcoinPoS can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find BitcoinPoS (BPS) by using the given drop-down box. Put into the quantity of BitcoinPoS (BPS) you would like to take off. Take into account the demonstrated fees/minimums. Also make sure you have entered your precise withdraw address.

If you're satisfied, click “Submit”. You may be requested for phone/email verification before a take off.

Kudos! You have successfully purchased and stored BitcoinPoS (BPS).

That's it!

Take offs from Crypto Exchange can durate between 1 – 30 minutes (depending on network usage). As soon as you've confirmed your take off using Ethplorer.io or Etherscan.io and the (BPS) BitcoinPoS is stored within your wallet, you're finished.