How to Buy Bitcurrency (BC)

A Step-by-Step-Guide on how to buy Bitcurrency (BC)

Step 1 – Signup to Coinbase and get 10$ for free

You'll first need to buy one of the bigger coins. Exchanges normally accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Follow the Link below to register and getting your welcome 10 Dollar.

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

Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. Bitcurrency (BC) is accessible on Binance, so we will use that as an sample. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this how-to)

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

BTC must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, etc. If you are using a decentralized exchange, like Airswap or DDEX could be opposed (Follow our manual).

Step 3 – Find Bitcurrency (BC)

Once your deposit has been approved, you will now have access to your assets and you can start buying and trading. To purchase Bitcurrency (BC) on Binance, you will want to hover over the “Exchange” tab and then click on “Basic”.

In order to find Bitcurrency (BC), you'll need to put the short name of the asset (BC) into the search-box, which is highlighted in the picture. Make sure you have selected the right pairing, we have marked this too. Click on “BC/BTC” to go on.

Binance How To Buy 1 Bitcurrency (BC)
Step 4 – Buy Bitcurrency (BC)

As soon as you have located Bitcurrency (BC), you will be given a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the image). And now we're making our own Limit Order.

The field with the “Price” tag will be filled automatically with the most recent valuation Bitcurrency (BC) was sold for. This can be changed to your preferred price. The “Amount” field is the amount of BC you like to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you will pay for the whole quantity of BC.

If you're glad, click on “Buy BC”. Your plan will be filled when a Seller trades their BC for the price you gave.

Step 5 – Withdraw Bitcurrency (BC)

Unless you are frequently trading, best advise is not to keep coins on an Crypto Exchange for an longer time period. To take off your (BC) Bitcurrency, hover over the “Funds” tab and click on “Withdraw”. Bitcurrency (BC) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Bitcurrency (BC) by using the provided drop-down box. Drop in the amount of Bitcurrency (BC) you would like to withdraw. Don't forget the displayed minimus/fees. Also make sure you have entered your correct withdraw address.

If you are happy, make a mouse click on “Submit”. You could be requested for phone/email verification ahead of a take off.

Congrats! You've successfully bought and stored Bitcurrency (BC).

That's it!

Withdrawals from Exchange can durate between 1 – 30 minutes (depending on network usage). As soon as you've confirmed your withdrawal using Etherscan.io or Ethplorer.io and the Bitcurrency (BC) is safe in your wallet, you're done.