How to Buy Bitgesell (BGL)

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

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

In the beginning you'll need to buy units of the bigger coins. Exchanges usually accept either Ethereum or Bitcoin in exchange for Altcoins. Click the button below for registration and receive your first $10.

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

Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Exchange now. Every exchange has a deposit form that is identical. Bitgesell (BGL) is accessible on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this how-to)

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

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etc. In the case you're working with a decentralized exchange, like Airswap or DDEX could be different (Just follow our manual).

Step 3 – Locate Bitgesell (BGL)

As soon as your deposit has been verified, you'll directly have access to your funds and you can begin purchasing and trading. To purchase (BGL) Bitgesell on Binance, you'll want to hover over the tab which is called “Exchange” and after that mouse click on “Basic”.

To find Bitgesell (BGL), you'll need to put the shortname of the coin (BGL) into the search-box, which is marked in the picture. Be certain of having selected the proper pairing, we've highlighted this also. Click on “BGL/BTC” to continue.

Binance How To Buy 1 Bitgesell (BGL)
Step 4 – Purchasing (BGL) Bitgesell

After you've discovered Bitgesell (BGL), you'll be presented with a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the image). And now we're creating our Limit Order.

The “Price” field will be filled automatically with the recent valuation (BGL) Bitgesell was traded for. This can be changed to your preferred price. The “Amount” field is the amount of BGL you like to buy. The field with the “Total” tag is the total price in Bitcoin that you will pay for the complete quantity of BGL.

When you're happy, click on “Buy BGL”. Your plan will be filled when a Vendor trades their BGL for the price you submitted.

Step 5 – Withdraw (BGL) Bitgesell

Unless you are frequently trading, best advise is not to keep crypto coins on an Crypto Exchange for an extensive period of time. In order to take off your (BGL) Bitgesell, go to the tab called “Funds” and click on “Withdraw”. Bitgesell (BGL) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find Bitgesell (BGL) by using the provided drop-down box. Put into the quantity of Bitgesell (BGL) you'd wish to take off. Take into account the demonstrated minimus/fees. Also make sure you have filled your correct withdraw address.

If you are satisfied, click on “Submit”. You could be asked for verfication via phone/email before a take off.

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

That's it!

Take offs from Crypto Trader can take anywhere from 1 – 30 minutes (rely on network usage). Once you've proved your take off using Ethplorer.io or Etherscan.io and the Bitgesell (BGL) is stored in your wallet, you are all done.