A Step-by-Step-Guide on how to buy Bitflate (BFL)
Step 1 – Join Coinbase and recieve 10$ for free In the beginning you'll need to purchase units of the top-tier coins. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Follow the Link below for registration and getting your welcome 10$.
Step 2 – Transmit Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Exchange Your Bitcoin or Ethereum will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is alike. Bitflate (BFL) is available 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? (Just follow this how-to) Make sure you have chosen the exact coin you would like to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, and so forth. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Follow our how-to).
Step 3 – Find (BFL) Bitflate As soon as your deposit has been confirmed, you will instantly have access to your finances and you can initiate buying and trading. To purchase Bitflate (BFL) on Binance, you'll want to go to the “Exchange” tab and after that mouse click on “Basic”. To spot Bitflate (BFL), you will need to insert the short name of the asset (BFL) into the search box, which is highlighted in the picture. Be certain of having selected the correct pairing, we've marked this too. Click on “BFL/BTC” to proceed.
Step 4 – Purchase Bitflate (BFL) As soon as you've spotted (BFL) Bitflate, you will be presented with a Price Chart (in the Center of the image) and a few Order Books (Leftside of the picture). For now we are making our own Limit Order. The field with the “Price” tag will be filled automatically with the latest rate (BFL) Bitflate was traded for. You can change this to your favoured price. The “Amount” field is the amount of BFL you like to purchase. The field with the “Total” tag is the total price in BTC that you will settle for the complete quantity of BFL. When you are satisfied, click on “Buy BFL”. Your order will be filled as soon as a Vendor sells their BFL for the price you gave.
Step 5 – Withdraw Bitflate (BFL) Unless you are frequently trading, best advise is not to keep crypto on an Crypto Trader for an extended time frame. To take off your (BFL) Bitflate, hover over the “Funds” tab and click on “Withdraw”. (BFL) Bitflate can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Bitflate (BFL) by using the provided drop-down box. Enter the quantity of Bitflate (BFL) you'd wish to withdraw. Take into account the demonstrated fees/minimums. Also make sure you have filled your correct withdraw address. When you are happy, click “Submit”. You could be asked for verfication via email/phone before a take off.