How to Buy Balancer (BAL) in Anguilla

A Step-by-Step-Guide on how to buy Balancer (BAL) in Anguilla

Step 1 – Join Coinbase – Get Free $10

You'll first need to buy one of the major coins. Exchanges usually accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Follow the Link below for registration and to get your welcome $10.

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

Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Exchange now. All exchanges have a deposit form that is similar. Balancer (BAL) 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 Exchange? (Follow this guide)

Make sure you've chosen the right coin you wish to deposit.

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etcetera. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be different (Follow our manual).

Step 3 – Locate {Balancer (BAL)|(BAL) Balancer}

Once your deposit has been confirmed, you will now have access to your finances and you can launch buying and trading. To buy {Balancer (BAL)|(BAL) Balancer} on Binance, you will want to hover over the tab which is called “Exchange” and after that click on “Basic”.

In order to spot {Balancer (BAL)|(BAL) Balancer}, you will need to put the shortname of the coin (BAL) into the search-box, which is highlighted in the picture. Make sure you have choosen the correct grouping, we've highlighted this also. Click on “BAL/BTC” to advance.

{How to buy Coin on Binance 1|Binance How To Buy 1} Balancer (BAL)
Step 4 – Purchase {Balancer (BAL)|(BAL) Balancer}

After you've located {Balancer (BAL)|(BAL) Balancer}, you will be given a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). Next we are creating our own Limit Order.

The field with the “Price” tag will be automatically filled with the most recent price {Balancer (BAL)|(BAL) Balancer} was sold for. You can change this to your preferred rate. The ”Amount” field is the amount of BAL you wish to purchase. The field with the “Total” tag is the aggregated price in BTC that you'll pay for the complete amount of BAL.

If you are satisfied, make a mouse click on “Buy BAL”. Your order will be filled when a Vendor sells their BAL for the price you submitted.

Step 5 – Withdraw {Balancer (BAL)|(BAL) Balancer}

Unless you are frequently trading, best advise is not to keep your crypto on an Crypto Exchange for an longer time frame. To withdraw your {Balancer (BAL)|(BAL) Balancer}, go to the tab called “Funds” and click on “Withdraw”. {Balancer (BAL)|(BAL) Balancer} can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find {Balancer (BAL)|(BAL) Balancer} by using the given drop-down box. Enter the volumen of {Balancer (BAL)|(BAL) Balancer} you would wish to withdraw. Don't forget the presented minimus/fees. Also make sure you have entered your right withdraw address.

If you are glad, click on “Submit”. You could be requested for phone/email verification before a withdrawal.

Congrats! You've successfully bought and stored Balancer (BAL) in Anguilla.

That's it!

Take offs from Exchange can durate anywhere from 1 – 30 minutes (rely on usage of the network). Once you've proved your take off with Ethplorer.io or Etherscan.io and the {Balancer (BAL)|(BAL) Balancer} is stored inside your wallet, you're all done.

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