A Step-by-Step-Guide on how to buy bXIOT (BXIOT)
Step 1 – Signup to Coinbase and get 10$ for free You'll first need to buy units of the major coins. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Click the button below for registration and getting your welcome 10$.
Step 2 – Send Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Trader Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Exchange now. All exchanges have a deposit form that is identical. bXIOT (BXIOT) is accessible on Binance, so we will use that as an illustration. Unsure on how to send Coinbase funds to an Exchange? (Follow this guide) Make sure you've chosen the right coin you wish to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, and so on. In the case you're using a decentralized exchange, such as Airswap or DDEX could be opposed (Follow these easy steps).
Step 3 – Find bXIOT (BXIOT) Once your deposit has been affirmed, you will immediately have access to your finances and you can commence purchasing and trading. To purchase (BXIOT) bXIOT on Binance, you will want to go to the tab which is called “Exchange” and then click on “Basic”. In order to find bXIOT (BXIOT), you will need to insert the shortname of the coin (BXIOT) into the search-box, which is highlighted in the graphic. Make sure you have selected the correct pairing, we've marked this also. Click on “BXIOT/BTC” to advance.
Step 4 – Buy bXIOT (BXIOT) After you have discovered bXIOT (BXIOT), you'll be presented with a Price Chart (in the Center of the picture) and some Order Books (Leftside of the image). Next we are creating our Limit Order. The field with the “Price” tag will be filled automatically with the latest price bXIOT (BXIOT) was traded for. You can change this to your desired price. The field with the “Amount” tag is the amount of BXIOT you want to purchase. The field with the “Total” tag is the whole price in BTC that you'll pay for the whole amount of BXIOT. When you're happy, make a mouse click on “Buy BXIOT”. Your order will be filled when a Vender sells their BXIOT for the price you gave.
Step 5 – Withdraw bXIOT (BXIOT) Unless you are regularly trading, best advise is not to keep coins on an Cryptocurrency Exchange for an longer time period. To withdraw your bXIOT (BXIOT), go to the “Funds” tab and click on “Withdraw”. (BXIOT) bXIOT can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find (BXIOT) bXIOT by using the given drop-down box. Put into the amount of (BXIOT) bXIOT you'd like to withdraw. Don't forget the presented fees/minimums. Also make sure you have entered your precise withdraw address. When you are happy, click on “Submit”. You could be requested for phone/email verification ahead of a withdrawal.