How to Buy BYZBIT (BYT)

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

Step 1 – Join Coinbase – Get Free $10

You will first need to purchase units of the bigger coins. Exchanges normally accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Click below for registration and receive your welcome 10 Dollar.

Binance Signup
Step 2 – Transmit Your Funds to an Crypto Trader

Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is identical. BYZBIT (BYT) is accessible on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow these easy steps)

Make sure you have chosen the exact coin you would like to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, et cetera. If you're using a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our how-to).

Step 3 – Locate (BYT) BYZBIT

Once your deposit has been confirmed, you will directly have access to your assets and you can initiate purchasing and trading. To invest in (BYT) BYZBIT on Binance, you will want to go to the tab which is called “Exchange” and then mouse click on “Basic”.

To find BYZBIT (BYT), you'll need to insert the short name of the asset (BYT) into the search box, which is highlighted in the picture. Be certain of having selected the correct pairing, we've marked this also. Click on “BYT/BTC” to proceed.

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

Once you've discovered BYZBIT (BYT), you'll be presented with a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). Next we're making our Limit Order.

The field with the “Price” tag will be automatically filled with the most recent price (BYT) BYZBIT was sold for. You can change this to your favoured rate. The field with the “Amount” tag is the quantity of BYT you wish to purchase. The field with the “Total” tag is the total price in BTC that you will settle for the complete amount of BYT.

When you are glad, click on “Buy BYT”. Your order will be filled as soon as a Vendor trades their BYT for the price you introduced.

Step 5 – Withdraw BYZBIT (BYT)

Unless you are regularly trading, best advise is not to keep your coins on an Crypto Exchange for an extended time period. In order to withdraw your (BYT) BYZBIT, hover over the “Funds” tab and click on “Withdraw”. BYZBIT (BYT) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find (BYT) BYZBIT by using the provided drop-down box. Enter the amount of (BYT) BYZBIT you would wish to take off. Don't forget the demonstrated minimus/fees. Also make sure you have filled your correct withdraw address.

If you are satisfied, make a mouse click on “Submit”. You may be asked for email/phone verification before a take off.

Congrats! You've successfully purchased and safed BYZBIT (BYT).

That's it!

Take offs from Crypto Trader can durate anywhere from 1 – 30 minutes (depending on usage of the network). As soon as you've proved your withdrawal with Etherscan.io or Ethplorer.io and the BYZBIT (BYT) is safe in your wallet, you're done.