How to Buy Blockidcoin (BID)

A Step-by-Step-Guide on how to buy Blockidcoin (BID)

Step 1 – Signup to Coinbase – Get Free $10

You'll first need to buy units of the major coins. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Follow the Link below to register and to get your first $10.

Binance Signup
Step 2 – Transfer Your Funds to an Exchange

Your Bitcoin or Ethereum will need to be sent over to an Exchange now. All exchanges have a deposit form that is alike. Blockidcoin (BID) is obtainable on Binance, so we're going to use that as an sample. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Follow these easy steps)

Make sure you have selected the precise coin you would like to deposit.

BTC must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so on. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow these easy steps).

Step 3 – Locate Blockidcoin (BID)

As soon as your deposit has been affirmed, you'll instantly have access to your assets and you can initiate purchasing and trading. To invest in (BID) Blockidcoin on Binance, you'll want to go to the “Exchange” tab and after that click on “Basic”.

To spot (BID) Blockidcoin, you'll need to insert the shortname of the coin (BID) into the search box, which is highlighted in the graphic. Make sure you have choosen the correct grouping, we've marked this too. Click on “BID/BTC” to go ahead.

Binance How To Buy 1 Blockidcoin (BID)
Step 4 – Purchasing (BID) Blockidcoin

After you've spotted Blockidcoin (BID), you'll be given a Price Chart (in the Center of the image) and a few Order Books (Leftside of the picture). Next we're making our Limit Order.

The field with the “Price” tag will be filled with the most up-to-date tariff (BID) Blockidcoin was sold for. This can be changed to your favoured price. The “Amount” field is the volumen of BID you want to purchase. The “Total” field is the aggregated price in Bitcoin that you'll settle for the complete volumen of BID.

When you're happy, click on “Buy BID”. Your plan will be filled when a Vendor trades their BID for the price you introduced.

Step 5 – Withdraw (BID) Blockidcoin

Unless you are trading, best advise is not to keep crypto coins on an Crypto Trader for an longer time period. To take off your Blockidcoin (BID), hover over the tab called “Funds” and mouse click on “Withdraw”. Blockidcoin (BID) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find (BID) Blockidcoin by using the provided drop-down box. Drop in the volumen of (BID) Blockidcoin you'd like to take off. Don't forget the displayed fees/minimums. Also make sure you have entered your right withdraw address.

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

Congratulations! You've successfully purchased and safed Blockidcoin (BID).

That's it!

Withdrawals from Crypto Trader can durate anywhere from 1 – 30 minutes (rely on network usage). Once you've confirmed your take off with Ethplorer.io or Etherscan.io and the Blockidcoin (BID) is safe in your wallet, you are all done.