A Step-by-Step-Guide on how to buy BiTing (BTFM)
Step 1 – Join Coinbase and get 10$ for free In the beginning you'll need to buy one of the bigger 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 Bitcoin or Ethereum to an Cryptocurrency Exchange Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. BiTing (BTFM) is obtainable on Binance, so we will use that as an illustration. Unsure on how to send Coinbase funds to an Exchange? (Follow this manual) Make sure you've chosen the correct coin you wish to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so forth. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our manual).
Step 3 – Find BiTing (BTFM) Once your deposit has been verified, you will now have access to your finances and you can launch invest and trading. To invest in (BTFM) BiTing on Binance, you will want to go to the tab which is called “Exchange” and then click on “Basic”. In order to discover BiTing (BTFM), you'll need to put the cointype (BTFM) into the search-box, which is marked in the picture. Be certain of having selected the correct grouping, we have marked this too. Click on “BTFM/BTC” to advance.
Step 4 – Purchase BiTing (BTFM) As soon as you've spotted (BTFM) BiTing, you will be given a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). And now we are creating our Limit Order. The “Price” field will be filled automatically with the recent rate (BTFM) BiTing was sold for. This can be changed to your desired rate. The field with the “Amount” tag is the amount of BTFM you want to purchase. The “Total” field is the aggregated price in BTC that you will pay for the complete quantity of BTFM. If you're glad, click on “Buy BTFM”. Your plan will be filled when a Vender trades their BTFM for the price you introduced.
Step 5 – Withdraw BiTing (BTFM) Unless you are regularly trading, best advise is not to keep your crypto on an Crypto Trader for an extended time period. In order to take off your BiTing (BTFM), go to the “Funds” tab and mouse click on “Withdraw”. BiTing (BTFM) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate (BTFM) BiTing by using the provided drop-down box. Enter the amount of BiTing (BTFM) you would like to withdraw. Take into account the presented fees/minimums. Also make sure you have entered your correct withdraw address. When you are satisfied, click “Submit”. You may be asked for verfication via phone/email ahead of a take off.