A Step-by-Step-Guide on how to buy Bonpay (BON)
Step 1 – Signup to Coinbase and get 10$ for free You will first need to purchase units of the top-tier currencies. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Click the button below to register and receive your welcome 10 Dollar.
Step 2 – Send Your Funds to an Cryptocurrency Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is alike. Bonpay (BON) is available 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? (Just follow this guide) Make sure you have selected the exact coin you want to deposit. BTC must be sent to a BTC deposit address, Ethereum to an ETH deposit address, etcetera. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our how-to).
Step 3 – Locate Bonpay (BON) Once your deposit has been approved, you'll now have access to your assets and you can launch buying and trading. To buy Bonpay (BON) on Binance, you'll want to go to the tab which is called “Exchange” and after that click on “Basic”. In order to discover Bonpay (BON), you will need to put the shortname of the coin (BON) into the search box, which is highlighted in the picture. Be certain of having choosen the right grouping, we have marked this also. Click on “BON/BTC” to go ahead.
Step 4 – Buy Bonpay (BON) Once you've found Bonpay (BON), you will be presented with a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the picture). And now we're going to create our Limit Order. The field with the “Price” tag will be filled with the most latest valuation Bonpay (BON) was sold for. You can change this to your preferred rate. The “Amount” field is the volumen of BON you like to purchase. The “Total” field is the total price in BTC that you will pay for the complete amount of BON. If you are satisfied, make a mouse click on “Buy BON”. Your order will be filled as soon as a Seller sells their BON for the price you introduced.
Step 5 – Withdraw (BON) Bonpay Unless you're frequently trading, best advise is not to keep crypto on an Crypto Trader for an longer period of time. To take off your Bonpay (BON), hover over the tab called “Funds” and mouse click on “Withdraw”. Bonpay (BON) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Bonpay (BON) by using the provided drop-down box. Put into the quantity of Bonpay (BON) you would like to take off. Take into account the presented fees/minimums. Also make sure you have entered your right withdraw address. If you're happy, click “Submit”. You could be asked for phone/email verification before a withdrawal.