A Step-by-Step-Guide on how to buy Bluecoin (BLU)
Step 1 – Signup to Coinbase – Get Free $10 You will first need to buy units of the major currencies. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Follow the Link below for registration and getting your first 10$.
Step 2 – Send Your Bitcoin or Ethereum to an Crypto Trader Your Bitcoin or Ethereum will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is similar. Bluecoin (BLU) is obtainable on Binance, so we will use that as an illustration. Unsure on how to send Coinbase funds to an Exchange? (Follow these easy steps) Make sure you have selected the precise coin you want to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, etcetera. If you're working with a decentralized exchange, like Airswap or DDEX could be different (Just follow our guide).
Step 3 – Locate (BLU) Bluecoin Once your deposit has been approved, you will now have access to your funds and you can initiate invest and trading. To buy Bluecoin (BLU) on Binance, you will want to hover over the tab which is called “Exchange” and then click on “Basic”. To spot Bluecoin (BLU), you'll need to put the cointype (BLU) into the search box, which is marked in the picture. Be certain of having choosen the right grouping, we have marked this too. Click on “BLU/BTC” to go on.
Step 4 – Buying (BLU) Bluecoin After you have located Bluecoin (BLU), you will be given a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the picture). And now we're creating our own Limit Order. The “Price” field will be automatically filled with the most latest valuation Bluecoin (BLU) was sold for. You can change this to your desired price. The “Amount” field is the volumen of BLU you like to buy. The “Total” field is the total price in Bitcoin that you will pay for the whole quantity of BLU. If you are happy, click on “Buy BLU”. Your plan will be filled as soon as a Vender trades their BLU for the price you gave.
Step 5 – Withdraw (BLU) Bluecoin Unless you are frequently trading, never keep your crypto coins on an Exchange for an extended period of time. To take off your Bluecoin (BLU), hover over the “Funds” tab and mouse click on “Withdraw”. Bluecoin (BLU) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find (BLU) Bluecoin by using the provided drop-down box. Drop in the volumen of Bluecoin (BLU) you would like to withdraw. Don't forget the presented minimus/fees. Also make sure you have entered your correct withdraw address. When you're happy, click “Submit”. You could be requested for verfication via email/phone before a take off.