A Step-by-Step-Guide on how to buy Bitpanda Ecosystem Token (BEST)
Step 1 – Signup to Coinbase and receive 10$ in Bitcoin In the beginning you'll need to buy units of the top-tier coins. Exchanges normally accept either Ethereum or Bitcoin in exchange for alternative Coins. Click below to register and getting BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Transmit Your Ethereum or Bitcoin to an Crypto Exchange Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Exchange now. Every exchange has a deposit form that is alike. Bitpanda Ecosystem Token (BEST) is available on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Exchange? (Follow this how-to) Make sure you've chosen the exact coin you wish to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, etc. In the case you are using a decentralized exchange, like Airswap or DDEX could be opposed (Follow our guide).
Step 3 – Locate Bitpanda Ecosystem Token (BEST) As soon as your deposit has been confirmed, you'll instantly have access to your funds and you can initiate invest and trading. To invest in Bitpanda Ecosystem Token (BEST) on Binance, you will want to go to the “Exchange” tab and then mouse click on “Basic”. In order to discover (BEST) Bitpanda Ecosystem Token, you'll need to insert the short name of the asset (BEST) into the search-box, which is marked in the image. Make sure you have selected the proper pairing, we have marked this also. Click on “BEST/BTC” to go on.
Step 4 – Purchase Bitpanda Ecosystem Token (BEST) Once you have found Bitpanda Ecosystem Token (BEST), you will be presented with a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the image). For now we are going to create our Limit Order. The field with the “Price” tag will be automatically filled with the most latest valuation Bitpanda Ecosystem Token (BEST) was sold for. This can be changed to your preferred rate. The field with the “Amount” tag is the quantity of BEST you want to purchase. The field with the “Total” tag is the total price in BTC that you'll pay for the complete volumen of BEST. If you are happy, make a mouse click on “Buy BEST”. Your order will be filled when a Seller sells their BEST for the price you offered.
Step 5 – Withdraw Bitpanda Ecosystem Token (BEST) Unless you're trading, best advise is not to keep your crypto coins on an Exchange for an extended time period. In order to withdraw your (BEST) Bitpanda Ecosystem Token, go to the “Funds” tab and mouse click on “Withdraw”. (BEST) Bitpanda Ecosystem Token can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find (BEST) Bitpanda Ecosystem Token by using the given drop-down box. Drop in the amount of (BEST) Bitpanda Ecosystem Token you'd like to withdraw. Don't forget the presented minimus/fees. Also make sure you have filled your precise withdraw address. When you are glad, click on “Submit”. You could be asked for email/phone verification ahead of a withdrawal.