How to Buy Bitgesell (BGL)

A Step-by-Step-Guide on how to buy Bitgesell (BGL)

Step 1 – Signup to Coinbase and receive 10$ in Bitcoin

In the beginning you'll need to purchase units of the bigger coins. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Follow the Link below for registration and to get Ethereum or Bitcoin.

Binance Signup
Step 2 – Send Your Funds to an Cryptocurrency Exchange

Your Bitcoin or Ethereum has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. Bitgesell (BGL) is accessible on Binance, so we will use that as an illustration. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow these easy steps)

Make sure you have selected the right coin you wish to deposit.

BTC must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so forth. In the case you are dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our how-to).

Step 3 – Locate Bitgesell (BGL)

Once your deposit has been affirmed, you'll immediately have access to your assets and you can launch buying and trading. To buy Bitgesell (BGL) on Binance, you will want to go to the “Exchange” tab and then mouse click on “Basic”.

In order to find (BGL) Bitgesell, you'll need to put the short name of the asset (BGL) into the search-box, which is marked in the picture. Be certain of having choosen the proper pairing, we have highlighted this too. Click on “BGL/BTC” to advance.

How to buy Coin on Binance 1 Bitgesell (BGL)
Step 4 – Buying (BGL) Bitgesell

After you have located (BGL) Bitgesell, you will be given a Price Chart (in the Center of the picture) and some Order Books (on the Left of the image). For now we're going to create our Limit Order.

The field with the “Price” tag will be filled automatically with the most up-to-date tariff (BGL) Bitgesell was sold for. You can change this to your preferred rate. The field with the “Amount” tag is the volumen of BGL you like to buy. The “Total” field is the whole price in BTC that you'll pay for the whole amount of BGL.

If you are happy, make a mouse click on “Buy BGL”. Your plan will be filled as soon as a Vendor trades their BGL for the price you gave.

Step 5 – Withdraw Bitgesell (BGL)

Unless you are regularly trading, never keep your crypto on an Exchange for an extended time period. In order to take off your Bitgesell (BGL), hover over the “Funds” tab and click on “Withdraw”. Bitgesell (BGL) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find (BGL) Bitgesell by using the given drop-down box. Drop in the amount of (BGL) Bitgesell you would wish to withdraw. Take into account the demonstrated minimus/fees. Also make sure you have entered your right withdraw address.

When you are happy, make a mouse click on “Submit”. You could be asked for verfication via email/phone ahead of a withdrawal.

Kudos! You've successfully bought and safed Bitgesell (BGL).

That's it!

Withdrawals from Crypto Trader can durate between 1 – 30 minutes (rely on usage of the network). Once you've confirmed your take off using Etherscan.io or Ethplorer.io and the (BGL) Bitgesell is safe within your wallet, you're finished.