How to Buy BitMart Token (BMX)

A Step-by-Step-Guide on how to buy BitMart Token (BMX)

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

In the beginning you'll need to buy units of the major coins. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Follow the Link below for registration and receive Bitcoin (BTC) or Ethereum (ETH).

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

Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. BitMart Token (BMX) is available on Binance, so we're going to use that as an illustration. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this how-to)

Make sure you've selected the exact 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're working with a decentralized exchange, like Airswap or DDEX could be divergent (Follow our guide).

Step 3 – Locate BitMart Token (BMX)

Once your deposit has been confirmed, you'll instantly have access to your finances and you can launch buying and trading. To invest in (BMX) BitMart Token on Binance, you will want to hover over the tab which is called “Exchange” and mouse click on “Basic”.

To locate BitMart Token (BMX), you'll need to put the short name of the asset (BMX) into the search box, which is highlighted in the graphic. Be certain of having selected the correct grouping, we've marked this also. Click on “BMX/BTC” to progress.

Binance How To Buy 1 BitMart Token (BMX)
Step 4 – Acquisition of (BMX) BitMart Token

Once you've discovered (BMX) BitMart Token, you will be presented with a Price Chart (in the Center of the image) and some Order Books (Leftside of the picture). Next we are making our own Limit Order.

The field with the “Price” tag will be filled automatically with the latest tariff (BMX) BitMart Token was traded for. You can change this to your favoured rate. The field with the “Amount” tag is the volumen of BMX you like to buy. The “Total” field is the total price in Bitcoin that you will settle for the whole amount of BMX.

If you're glad, click on “Buy BMX”. Your order will be filled as soon as a Seller trades their BMX for the price you introduced.

Step 5 – Withdraw (BMX) BitMart Token

Unless you are regularly trading, you should never keepyour crypto on an Cryptocurrency Exchange for an longer period of time. To withdraw your (BMX) BitMart Token, hover over the “Funds” tab and click on “Withdraw”. (BMX) BitMart Token can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate BitMart Token (BMX) by using the given drop-down box. Put into the amount of (BMX) BitMart Token you'd like to withdraw. Take into account the displayed minimus/fees. Also make sure you have filled your right withdraw address.

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

Congratulations! You have successfully purchased and stored (BMX) BitMart Token.

That's it!

Take offs from Crypto Exchange can take anywhere from 1 – 30 minutes (rely on usage of the network). Once you have proved your withdrawal using Ethplorer.io or Etherscan.io and the BitMart Token (BMX) is stored inside your wallet, you are done.