How to Buy BITO Coin (BITO)

A Step-by-Step-Guide on how to buy BITO Coin (BITO)

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

You'll first need to purchase units of the major coins. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Click below for registration and getting your first 10 Dollar.

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

Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. BITO Coin (BITO) is obtainable on Binance, so we're going to use that as an illustration. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this guide)

Make sure you have chosen the right coin you would like to deposit.

Bitcoin must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so forth. In the case you're using a decentralized exchange, such as Airswap or DDEX could be different (Follow our how-to).

Step 3 – Locate (BITO) BITO Coin

As soon as your deposit has been verified, you'll immediately have access to your finances and you can begin invest and trading. To invest in BITO Coin (BITO) on Binance, you will want to hover over the tab which is called “Exchange” and mouse click on “Basic”.

To discover BITO Coin (BITO), you'll need to put the shortname of the coin (BITO) into the search box, which is marked in the image. Make sure you have choosen the correct grouping, we have marked this also. Click on “BITO/BTC” to advance.

Binance How To Buy 1 BITO Coin (BITO)
Step 4 – Buy (BITO) BITO Coin

After you have discovered (BITO) BITO Coin, you will be presented with a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). For now we're going to make our own Limit Order.

The field with the “Price” tag will be filled with the most recent rate (BITO) BITO Coin was sold for. This can be changed to your desired rate. The “Amount” field is the amount of BITO you like to buy. The “Total” field is the aggregated price in Bitcoin that you will settle for the complete volumen of BITO.

If you are satisfied, click on “Buy BITO”. Your plan will be filled as soon as a Seller sells their BITO for the price you offered.

Step 5 – Withdraw (BITO) BITO Coin

Unless you are frequently trading, you should never keepyour crypto on an Crypto Exchange for an longer period of time. To take off your (BITO) BITO Coin, go to the tab called “Funds” and click on “Withdraw”. BITO Coin (BITO) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate BITO Coin (BITO) by using the provided drop-down box. Enter the quantity of (BITO) BITO Coin you'd wish to withdraw. Don't forget the shown minimus/fees. Also make sure you have entered your correct withdraw address.

When you are satisfied, make a mouse click on “Submit”. You may be asked for phone/email verification ahead of a take off.

Kudos! You've successfully bought and safed BITO Coin (BITO).

That's it!

Withdrawals from Cryptocurrency Exchange can durate between 1 – 30 minutes (depending on usage of the network). Once you've confirmed your take off with Etherscan.io or Ethplorer.io and the BITO Coin (BITO) is safe in your wallet, you are all done.