A Step-by-Step-Guide on how to buy BurnDrop (BD)
Step 1 – Signup to Coinbase and get 10$ for free You will first need to buy units of the bigger currencies. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Follow the Link below to register and receive your welcome $10.
Step 2 – Send Your Funds to an Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Exchange now. All exchanges have a deposit form that is similar. BurnDrop (BD) is accessible on Binance, so we will use that as an sample. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this how-to) Make sure you have selected the exact coin you would like to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, et cetera. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be different (Just follow our how-to).
Step 3 – Locate (BD) BurnDrop As soon as your deposit has been confirmed, you will immediately have access to your assets and you can launch invest and trading. To buy BurnDrop (BD) on Binance, you will want to go to the “Exchange” tab and then click on “Basic”. In order to discover (BD) BurnDrop, you'll need to put the short name of the asset (BD) into the search-box, which is marked in the picture. Be certain of having selected the proper pairing, we have marked this also. Click on “BD/BTC” to progress.
Step 4 – Purchasing BurnDrop (BD) As soon as you've spotted (BD) BurnDrop, you will be presented with a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). Next we are going to make our own Limit Order. The field with the “Price” tag will be filled automatically with the most up-to-date valuation (BD) BurnDrop was sold for. You can change this to your favoured rate. The field with the “Amount” tag is the amount of BD you wish to buy. The field with the “Total” tag is the whole price in Bitcoin that you will pay for the complete amount of BD. If you are satisfied, click on “Buy BD”. Your order will be filled when a Vender trades their BD for the price you offered.
Step 5 – Withdraw (BD) BurnDrop Unless you are frequently trading, never keep your coins on an Cryptocurrency Exchange for an extensive time frame. To take off your BurnDrop (BD), go to the tab called “Funds” and mouse click on “Withdraw”. (BD) BurnDrop can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate BurnDrop (BD) by using the provided drop-down box. Enter the amount of BurnDrop (BD) you would like to withdraw. Take into account the displayed minimus/fees. Also make sure you have filled your correct withdraw address. When you are happy, make a mouse click on “Submit”. You could be requested for email/phone verification before a withdrawal.