How to Buy bZx Protocol (BZRX)

A Step-by-Step-Guide on how to buy bZx Protocol (BZRX)

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

You'll first need to buy units of the top-tier coins. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Follow the Link below for registration and getting Bitcoin (BTC) or Ethereum (ETH).

Binance Signup
Step 2 – Transmit Your Bitcoin (BTC) or Ethereum (ETH) to an Exchange

Your Bitcoin or Ethereum will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. bZx Protocol (BZRX) is available on Binance, so we will use that as an sample. Unsure on how to send Coinbase funds to an Exchange? (Just follow this manual)

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

BTC must be sent to a BTC deposit address, ETH to an Ethereum deposit address, etcetera. In the case you are using a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our guide).

Step 3 – Locate (BZRX) bZx Protocol

Once your deposit has been approved, you will directly have access to your finances and you can launch invest and trading. To invest in (BZRX) bZx Protocol on Binance, you will want to go to the tab which is called “Exchange” and mouse click on “Basic”.

To spot bZx Protocol (BZRX), you'll need to insert the shortname of the coin (BZRX) into the search-box, which is highlighted in the picture. Make sure you have choosen the correct pairing, we've marked this too. Click on “BZRX/BTC” to progress.

Binance How To Buy 1 bZx Protocol (BZRX)
Step 4 – Buy bZx Protocol (BZRX)

After you've found (BZRX) bZx Protocol, you'll be given a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the image). And now we're going to create our own Limit Order.

The field with the “Price” tag will be automatically filled with the most up-to-date price bZx Protocol (BZRX) was sold for. You can change this to your preferred rate. The field with the “Amount” tag is the volumen of BZRX you wish to purchase. The field with the “Total” tag is the whole price in Bitcoin that you will pay for the complete volumen of BZRX.

If you are glad, make a mouse click on “Buy BZRX”. Your plan will be filled when a Seller trades their BZRX for the price you offered.

Step 5 – Withdraw bZx Protocol (BZRX)

Unless you are regularly trading, you should never keepyour crypto on an Exchange for an extended time frame. To take off your bZx Protocol (BZRX), hover over the tab called “Funds” and click on “Withdraw”. bZx Protocol (BZRX) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find (BZRX) bZx Protocol by using the provided drop-down box. Drop in the amount of bZx Protocol (BZRX) you'd wish to withdraw. Don't forget the presented fees/minimums. Also make sure you have entered your right withdraw address.

When you are satisfied, make a mouse click on “Submit”. You could be asked for verfication via phone/email ahead of a withdrawal.

Congrats! You have successfully bought and safed bZx Protocol (BZRX).

That's it!

Take offs from Cryptocurrency Exchange can take anywhere from 1 – 30 minutes (rely on network usage). Once you have confirmed your take off with Etherscan.io or Ethplorer.io and the (BZRX) bZx Protocol is safe in your wallet, you're done.