A Step-by-Step-Guide on how to buy BitcoinX (BCX)
Step 1 – Signup to Coinbase and get 10$ for free You will first need to purchase one of the major currencies. Exchanges normally accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Click the button below to register and getting your welcome 10 Dollar.
Step 2 – Transfer Your Funds 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 alike. BitcoinX (BCX) is obtainable on Binance, so we're going to use that as an example. Not sure on how to send funds from Coinbase to an Crypto Trader? (Follow this guide) Make sure you have selected the precise coin you want to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, and so on. In the case you're working with a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our how-to).
Step 3 – Find BitcoinX (BCX) Once your deposit has been verified, you'll instantly have access to your finances and you can launch purchasing and trading. To buy (BCX) BitcoinX on Binance, you'll want to go to the tab which is called “Exchange” and click on “Basic”. In order to find (BCX) BitcoinX, you will need to insert the short name of the asset (BCX) into the search-box, which is highlighted in the graphic. Make sure you have selected the proper pairing, we have highlighted this also. Click on “BCX/BTC” to advance.
Step 4 – Buying (BCX) BitcoinX As soon as you've located BitcoinX (BCX), you will be given a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the image). For now we are making our own Limit Order. The “Price” field will be filled with the most latest price (BCX) BitcoinX was sold for. You can change this to your desired price. The “Amount” field is the volumen of BCX you want to purchase. The “Total” field is the whole price in BTC that you will settle for the whole amount of BCX. If you're glad, make a mouse click on “Buy BCX”. Your order will be filled when a Seller trades their BCX for the price you introduced.
Step 5 – Withdraw BitcoinX (BCX) Unless you're trading, best advise is not to keep coins on an Exchange for an longer time frame. In order to take off your BitcoinX (BCX), go to the tab called “Funds” and click on “Withdraw”. (BCX) BitcoinX can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find (BCX) BitcoinX by using the given drop-down box. Drop in the volumen of BitcoinX (BCX) you'd wish to withdraw. Take into account the presented minimus/fees. Also make sure you have filled your right withdraw address. If you are satisfied, make a mouse click on “Submit”. You could be asked for verfication via email/phone ahead of a take off.