A Step-by-Step-Guide on how to buy BITSCOIN (BTCX)

Step 1 – Join Coinbase – Get Free $10

You'll first need to purchase units of the top-tier coins. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Click the button below for registration and getting your first 10 Dollar.

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

Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is alike. BITSCOIN (BTCX) is available on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Exchange? (Follow these easy steps)

Make sure you have selected the right coin you want to deposit.

Bitcoin must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, et cetera. In the case you are working with a decentralized exchange, like Airswap or DDEX could be unlike (Follow our guide).

Step 3 – Locate (BTCX) BITSCOIN

Once your deposit has been affirmed, you'll immediately have access to your assets and you can begin buying and trading. To invest in (BTCX) BITSCOIN on Binance, you'll want to hover over the “Exchange” tab and then click on “Basic”.

To spot (BTCX) BITSCOIN, you'll need to put the short name of the asset (BTCX) into the search box, which is highlighted in the image. Make sure you have selected the proper grouping, we have marked this also. Click on “BTCX/BTC” to progress.

How to buy Coin on Binance 1 BITSCOIN (BTCX)
Step 4 – Buying BITSCOIN (BTCX)

Once you have found (BTCX) BITSCOIN, you'll be given a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the image). Next we are going to make our Limit Order.

The “Price” field will be automatically filled with the up-to-date rate (BTCX) BITSCOIN was traded for. You can change this to your preferred price. The “Amount” field is the amount of BTCX you want to buy. The field with the “Total” tag is the aggregated price in BTC that you will pay for the whole amount of BTCX.

If you are happy, make a mouse click on “Buy BTCX”. Your order will be filled when a Vender trades their BTCX for the price you submitted.

Step 5 – Withdraw BITSCOIN (BTCX)

Unless you are frequently trading, you should never keepyour crypto on an Crypto Trader for an extensive period of time. To withdraw your BITSCOIN (BTCX), hover over the tab called “Funds” and click on “Withdraw”. BITSCOIN (BTCX) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find (BTCX) BITSCOIN by using the given drop-down box. Drop in the quantity of BITSCOIN (BTCX) you'd like to take off. Take into account the displayed fees/minimums. Also make sure you have filled your precise withdraw address.

If you're happy, make a mouse click on “Submit”. You may be requested for verfication via email/phone before a withdrawal.

Kudos! You have successfully bought and stored (BTCX) BITSCOIN.

That's it!

Take offs from Cryptocurrency Exchange can take anywhere from 1 – 30 minutes (rely on network usage). As soon as you have proved your withdrawal with or and the BITSCOIN (BTCX) is safe inside your wallet, you're finished.