A Step-by-Step-Guide on how to buy Blue Whale (BWX)
Step 1 – Signup to Coinbase – Get Free $10 You'll first need to purchase units of the major coins. Exchanges usually accept either Ethereum or Bitcoin in exchange for Altcoins. Click below for registration and receive your first 10$.
Step 2 – Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Exchange Your Ethereum or Bitcoin will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is alike. Blue Whale (BWX) is available on Binance, so we will use that as an sample. Unsure on how to send funds from Coinbase to an Crypto Trader? (Follow this how-to) Make sure you have selected the right coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, etc. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be different (Follow our guide).
Step 3 – Locate (BWX) Blue Whale Once your deposit has been approved, you will instantly have access to your funds and you can commence purchasing and trading. To invest in (BWX) Blue Whale on Binance, you will want to hover over the tab which is called “Exchange” and after that mouse click on “Basic”. To spot (BWX) Blue Whale, you will need to insert the cointype (BWX) into the search-box, which is marked in the graphic. Be certain of having choosen the correct pairing, we have marked this also. Click on “BWX/BTC” to go ahead.
Step 4 – Purchase (BWX) Blue Whale As soon as you have found Blue Whale (BWX), 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 image). Next we are going to make our own Limit Order. The field with the “Price” tag will be automatically filled with the most recent rate Blue Whale (BWX) was traded for. This can be changed to your preferred rate. The “Amount” field is the amount of BWX you want to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you will settle for the whole quantity of BWX. When you are happy, make a mouse click on “Buy BWX”. Your order will be filled when a Seller trades their BWX for the price you offered.
Step 5 – Withdraw Blue Whale (BWX) Unless you are frequently trading, never keep your coins on an Cryptocurrency Exchange for an longer time frame. To withdraw your (BWX) Blue Whale, hover over the “Funds” tab and click on “Withdraw”. (BWX) Blue Whale can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Blue Whale (BWX) by using the provided drop-down box. Put into the amount of Blue Whale (BWX) you'd like to withdraw. Don't forget the presented minimus/fees. Also make sure you have entered your precise withdraw address. When you're happy, click on “Submit”. You could be requested for email/phone verification ahead of a withdrawal.