A Step-by-Step-Guide on how to buy Bagcoin (BGC) in Anguilla
Step 1 – Signup to Coinmama You'll first need to purchase one of the top-tier coins. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Click below for registration and to get your Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Send Your ETH (Ethereum) or BTC (Bitcoin) to an Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. Bagcoin (BGC) is available on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Crypto Trader? (Follow this manual) Make sure you've selected the precise coin you want to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so forth. In the case you're using a decentralized exchange, like Airswap or DDEX could be different (Follow our guide).
Step 3 – Find Bagcoin (BGC) As soon as your deposit has been confirmed, you'll immediately have access to your finances and you can initiate purchasing and trading. To purchase Bagcoin (BGC) on Binance, you'll want to go to the tab which is called “Exchange” and after that mouse click on “Basic”. To discover Bagcoin (BGC), you'll need to put the cointype (BGC) into the search box, which is highlighted in the graphic. Be certain of having selected the right pairing, we've marked this also. Click on “BGC/BTC” to go on.
Step 4 – Buying Bagcoin (BGC) After you've found Bagcoin (BGC), you will be presented with a Price Chart (in the Center of the picture) and some Order Books (Leftside of the image). And now we're making our own Limit Order. The field with the “Price” tag will be automatically filled with the most latest price Bagcoin (BGC) was traded for. You can change this to your desired rate. The field with the “Amount” tag is the quantity of BGC you want to buy. The ”Total” field is the aggregated price in Bitcoin that you will pay for the whole quantity of BGC. If you're satisfied, make a mouse click on “Buy BGC”. Your plan will be filled as soon as a Seller trades their BGC for the price you submitted.
Step 5 – Withdraw Bagcoin (BGC) Unless you're regularly trading, best advise is not to keep crypto on an Cryptocurrency Exchange for an longer time period. In order to take off your Bagcoin (BGC), go to the tab called “Funds” and click on “Withdraw”. Bagcoin (BGC) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Bagcoin (BGC) by using the given drop-down box. Drop in the quantity of Bagcoin (BGC) you'd like to withdraw. Take into account the shown fees/minimums. Also make sure you have filled your correct withdraw address. When you're glad, click “Submit”. You could be asked for verfication via phone/email ahead of a take off.
Congrats! You have successfully purchased and safed Bagcoin (BGC) in Anguilla.That's it! Withdrawals from Crypto Trader can take between 1 – 30 minutes (depending on network usage). Once you've confirmed your withdrawal with Ethplorer.io or Etherscan.io and the Bagcoin (BGC) is stored inside your wallet, you're all done.
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