A Step-by-Step-Guide on how to buy BullionsChain (BLC)
Step 1 – Signup to Coinbase and receive 10$ in Bitcoin In the beginning you'll need to purchase one of the top-tier coins. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Follow the Link below for registration and getting Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Send Your Funds to an Cryptocurrency Exchange 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. BullionsChain (BLC) is available on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Crypto Trader? (Follow this how-to) Make sure you have chosen the correct coin you would like to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, et cetera. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be different (Follow these easy steps).
Step 3 – Find BullionsChain (BLC) Once your deposit has been affirmed, you'll immediately have access to your funds and you can launch buying and trading. To purchase (BLC) BullionsChain on Binance, you'll want to hover over the “Exchange” tab and click on “Basic”. In order to locate BullionsChain (BLC), you'll need to insert the short name of the asset (BLC) into the search box, which is highlighted in the image. Make sure you have selected the proper grouping, we've highlighted this also. Click on “BLC/BTC” to continue.
Step 4 – Acquisition of BullionsChain (BLC) After you have located (BLC) BullionsChain, you'll be given a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the picture). And now we are going to create our own Limit Order. The “Price” field will be automatically filled with the most up-to-date rate (BLC) BullionsChain was traded for. This can be changed to your favoured rate. The “Amount” field is the amount of BLC you want to buy. The field with the “Total” tag is the aggregated price in BTC that you will settle for the whole amount of BLC. If you are happy, make a mouse click on “Buy BLC”. Your plan will be filled as soon as a Seller trades their BLC for the price you offered.
Step 5 – Withdraw BullionsChain (BLC) Unless you are regularly trading, best advise is not to keep crypto coins on an Exchange for an longer time frame. In order to withdraw your BullionsChain (BLC), go to the “Funds” tab and click on “Withdraw”. BullionsChain (BLC) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate (BLC) BullionsChain by using the given drop-down box. Put into the quantity of BullionsChain (BLC) you'd wish to withdraw. Don't forget the shown minimus/fees. Also make sure you have entered your precise withdraw address. If you are glad, make a mouse click on “Submit”. You could be asked for verfication via phone/email ahead of a withdrawal.