A Step-by-Step-Guide on how to buy Banano (BAN) in Anguilla
Step 1 – Join Coinmama You will first need to purchase units of the top-tier coins. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Click the button below for registration and to get your ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is identical. Banano (BAN) is available on Binance, so we're going to use that as an sample. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this manual) Make sure you have chosen the right coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, and so on. If you are working with a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our how-to).
Step 3 – Locate Banano (BAN) As soon as your deposit has been affirmed, you will now have access to your funds and you can commence invest and trading. To buy Banano (BAN) on Binance, you'll want to go to the tab which is called “Exchange” and then click on “Basic”. In order to locate Banano (BAN), you will need to insert the cointype (BAN) into the search-box, which is marked in the graphic. Be certain of having choosen the correct grouping, we have marked this too. Click on “BAN/BTC” to proceed.
Step 4 – Purchasing Banano (BAN) Once you've located Banano (BAN), you'll be presented with a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). Next we are going to make our own Limit Order. The ”Price” field will be filled automatically with the most latest price Banano (BAN) was traded for. You can change this to your desired price. The ”Amount” field is the quantity of BAN you wish to buy. The field with the “Total” tag is the total price in Bitcoin that you will pay for the whole quantity of BAN. If you're glad, make a mouse click on “Buy BAN”. Your order will be filled when a Vendor sells their BAN for the price you gave.
Step 5 – Withdraw Banano (BAN) Unless you're frequently trading, best advise is not to keep crypto coins on an Crypto Exchange for an extensive time period. In order to take off your Banano (BAN), go to the ”Funds” tab and click on “Withdraw”. Banano (BAN) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Banano (BAN) by using the provided drop-down box. Enter the amount of Banano (BAN) you'd wish to take off. Take into account the presented fees/minimums. Also make sure you have entered your correct withdraw address. When you're happy, click “Submit”. You could be asked for email/phone verification before a withdrawal.
Congrats! You have successfully purchased and stored Banano (BAN) in Anguilla.That's it! Withdrawals from Cryptocurrency Exchange can durate between 1 – 30 minutes (depending on network usage). As soon as you have confirmed your withdrawal using Etherscan.io or Ethplorer.io and the Banano (BAN) is stored in your wallet, you're done.
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