A Step-by-Step-Guide on how to buy Bitforex Token (BF)
Step 1 – Join Coinbase and receive 10$ in Bitcoin You will first need to buy one of the top-tier currencies. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click below for registration and receive Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transfer Your Ethereum or Bitcoin to an Crypto Trader Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Exchange now. Every exchange has a deposit form that is alike. Bitforex Token (BF) is obtainable on Binance, so we're going to use that as an example. Unsure on how to send Coinbase funds to an Exchange? (Just follow this manual) Make sure you have chosen the precise coin you wish to deposit. BTC must be sent to a BTC deposit address, Ethereum to an ETH deposit address, and so on. If you are working with a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our manual).
Step 3 – Locate Bitforex Token (BF) Once your deposit has been confirmed, you'll immediately have access to your finances and you can begin purchasing and trading. To invest in Bitforex Token (BF) on Binance, you'll want to hover over the “Exchange” tab and click on “Basic”. To discover (BF) Bitforex Token, you'll need to insert the shortname of the coin (BF) into the search box, which is marked in the image. Make sure you have choosen the proper pairing, we have marked this too. Click on “BF/BTC” to progress.
Step 4 – Purchasing Bitforex Token (BF) After you've discovered Bitforex Token (BF), you'll be given a Price Chart (in the Center of the image) and a few Order Books (on the Left of the picture). For now we are going to make our own Limit Order. The “Price” field will be automatically filled with the up-to-date rate (BF) Bitforex Token was sold for. You can change this to your desired rate. The field with the “Amount” tag is the quantity of BF you want to buy. The “Total” field is the total price in Bitcoin that you'll settle for the complete amount of BF. When you are glad, click on “Buy BF”. Your order will be filled when a Vendor sells their BF for the price you submitted.
Step 5 – Withdraw Bitforex Token (BF) Unless you are regularly trading, best advise is not to keep your crypto on an Cryptocurrency Exchange for an extensive time frame. To withdraw your Bitforex Token (BF), hover over the “Funds” tab and click on “Withdraw”. (BF) Bitforex Token can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Bitforex Token (BF) by using the given drop-down box. Enter the quantity of (BF) Bitforex Token you would like to withdraw. Take into account the demonstrated fees/minimums. Also make sure you have filled your right withdraw address. When you are glad, click “Submit”. You could be asked for verfication via email/phone before a take off.