How to Buy BYZBIT (BYT)

A Step-by-Step-Guide on how to buy BYZBIT (BYT)

Step 1 – Signup to Coinbase and receive 10$ in Bitcoin

In the beginning you'll need to buy one of the top-tier coins. Exchanges usually accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Follow the Link below to register and getting Bitcoin or Ethereum.

Binance Signup
Step 2 – Send Your Bitcoin or Ethereum to an Crypto Exchange

Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is identical. BYZBIT (BYT) is available on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Crypto Trader? (Follow this manual)

Make sure you've selected the exact coin you want to deposit.

BTC must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so on. If you're working with a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our manual).

Step 3 – Locate BYZBIT (BYT)

As soon as your deposit has been affirmed, you'll immediately have access to your funds and you can commence invest and trading. To invest in BYZBIT (BYT) on Binance, you will want to go to the “Exchange” tab and after that click on “Basic”.

To locate (BYT) BYZBIT, you will need to insert the shortname of the coin (BYT) into the search box, which is highlighted in the image. Be certain of having choosen the right pairing, we've marked this also. Click on “BYT/BTC” to advance.

How to buy Coin on Binance 1 BYZBIT (BYT)
Step 4 – Acquisition of (BYT) BYZBIT

As soon as you have located (BYT) BYZBIT, you'll be presented with a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the image). Next we're creating our own Limit Order.

The field with the “Price” tag will be automatically filled with the latest valuation (BYT) BYZBIT was traded for. This can be changed to your desired price. The “Amount” field is the amount of BYT you like to purchase. The field with the “Total” tag is the whole price in Bitcoin that you will pay for the whole amount of BYT.

If you're satisfied, make a mouse click on “Buy BYT”. Your order will be filled as soon as a Vender sells their BYT for the price you offered.

Step 5 – Withdraw BYZBIT (BYT)

Unless you're regularly trading, never keep your coins on an Crypto Exchange for an extensive time period. To withdraw your BYZBIT (BYT), go to the “Funds” tab and click on “Withdraw”. BYZBIT (BYT) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (BYT) BYZBIT by using the given drop-down box. Put into the quantity of BYZBIT (BYT) you would wish to take off. Take into account the presented minimus/fees. Also make sure you have entered your precise withdraw address.

When you're glad, make a mouse click on “Submit”. You may be asked for verfication via phone/email ahead of a take off.

Congratulations! You have successfully purchased and safed BYZBIT (BYT).

That's it!

Take offs from Cryptocurrency Exchange can take anywhere from 1 – 30 minutes (depending on network usage). Once you've proved your withdrawal with Etherscan.io or Ethplorer.io and the (BYT) BYZBIT is safe within your wallet, you are finished.