A Step-by-Step-Guide on how to buy BitMinutes (BMT)
Step 1 – Join eToro You'll first need to buy one of the bigger currencies. Exchanges commonly accept either Ethereum or Bitcoin in exchange for alternative Coins. Click below for registration and getting yEthereum (ETH) or Bitcoin (BTC).
Step 2 – Transfer Your Ethereum or Bitcoin to an Crypto Exchange Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Exchange now. All exchanges have a deposit form that is identical. BitMinutes (BMT) is obtainable on Binance, so we're going to use that as an sample. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this guide) Make sure you've selected the exact coin you would like to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, et cetera. If you are dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our guide).
Step 3 – Locate BitMinutes (BMT) As soon as your deposit has been approved, you will directly have access to your funds and you can launch buying and trading. To buy BitMinutes (BMT) on Binance, you'll want to go to the “Exchange” tab and mouse click on “Basic”. In order to locate BitMinutes (BMT), you'll need to insert the shortname of the coin (BMT) into the search-box, which is marked in the image. Be certain of having selected the correct pairing, we've highlighted this too. Click on “BMT/BTC” to continue.
Step 4 – Buying BitMinutes (BMT) After you've found BitMinutes (BMT), you will be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the picture). Next we're creating our own Limit Order. The “Price” field will be filled automatically with the most latest valuation BitMinutes (BMT) was traded for. You can change this to your favoured rate. The field with the “Amount” tag is the volumen of BMT you like to purchase. The field with the “Total” tag is the aggregated price in Bitcoin that you will settle for the whole quantity of BMT. If you're satisfied, click on “Buy BMT”. Your order will be filled when a Vender sells their BMT for the price you gave.
Step 5 – Withdraw (BMT) BitMinutes Unless you're frequently trading, best advise is not to keep your coins on an Cryptocurrency Exchange for an extended time period. In order to take off your (BMT) BitMinutes, go to the tab called “Funds” and mouse click on “Withdraw”. (BMT) BitMinutes can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate (BMT) BitMinutes by using the given drop-down box. Put into the amount of (BMT) BitMinutes you'd wish to take off. Take into account the shown fees/minimums. Also make sure you have entered your right withdraw address. When you're happy, click on “Submit”. You could be asked for verfication via phone/email before a withdrawal.