A Step-by-Step-Guide on how to buy Based Money ($BASED) in Anguilla
Step 1 – Join Coinmama You'll first need to purchase one of the bigger currencies. Exchanges commonly accept either Bitcoin or Ethereum in exchange for alternative Coins. Follow the Link below to register and getting your Bitcoin or Ethereum.
Step 2 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Trader Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. Based Money ($BASED) is accessible on Binance, so we're going to use that as an illustration. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this manual) Make sure you've selected the precise coin you would like to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etcetera. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be different (Follow our how-to).
Step 3 – Find Based Money ($BASED) Once your deposit has been affirmed, you will directly have access to your assets and you can initiate buying and trading. To buy Based Money ($BASED) on Binance, you'll want to hover over the tab which is called “Exchange” and then mouse click on “Basic”. To locate Based Money ($BASED), you'll need to insert the shortname of the coin ($BASED) into the search-box, which is highlighted in the image. Make sure you have selected the right pairing, we've marked this also. Click on “$BASED/BTC” to advance.
Step 4 – Purchase Based Money ($BASED) As soon as you've found Based Money ($BASED), you will be presented with a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the image). Next we're going to create our own Limit Order. The field with the “Price” tag will be automatically filled with the most latest tariff Based Money ($BASED) was traded for. This can be changed to your desired price. The ”Amount” field is the amount of $BASED you wish to purchase. The ”Total” field is the total price in BTC that you will pay for the whole volumen of $BASED. If you're satisfied, click on “Buy $BASED”. Your plan will be filled as soon as a Vendor sells their $BASED for the price you offered.
Step 5 – Withdraw Based Money ($BASED) Unless you are frequently trading, you should never keepyour crypto on an Crypto Exchange for an extensive time frame. To withdraw your Based Money ($BASED), hover over the tab called “Funds” and mouse click on “Withdraw”. Based Money ($BASED) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Based Money ($BASED) by using the provided drop-down box. Drop in the amount of Based Money ($BASED) you would wish to withdraw. Take into account the shown minimus/fees. Also make sure you have filled your correct withdraw address. When you are glad, make a mouse click on “Submit”. You may be requested for phone/email verification ahead of a take off.
Kudos! You've successfully bought and safed Based Money ($BASED) in Anguilla.That's it! Withdrawals from Crypto Exchange can take between 1 – 30 minutes (depending on network usage). As soon as you've proved your withdrawal using Etherscan.io or Ethplorer.io and the Based Money ($BASED) is safe within your wallet, you are all done.
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