How to Buy BFX COIN (BFX) in Austria

A Step-by-Step-Guide on how to buy BFX COIN (BFX) in Austria

Step 1 – Signup to Coinmama

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

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

Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. BFX COIN (BFX) is available on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow these easy steps)

Make sure you have selected the precise coin you wish to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, et cetera. In the case you're using a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our guide).

Step 3 – Locate {BFX COIN (BFX)|(BFX) BFX COIN}

Once your deposit has been affirmed, you'll instantly have access to your assets and you can launch buying and trading. To purchase {BFX COIN (BFX)|(BFX) BFX COIN} on Binance, you'll want to go to the tab which is called “Exchange” and click on “Basic”.

To spot {BFX COIN (BFX)|(BFX) BFX COIN}, you'll need to put the shortname of the coin (BFX) into the search-box, which is highlighted in the image. Be certain of having selected the right pairing, we've highlighted this also. Click on “BFX/BTC” to continue.

{How to buy Coin on Binance 1|Binance How To Buy 1} BFX COIN (BFX)
Step 4 – Acquisition of {BFX COIN (BFX)|(BFX) BFX COIN}

After you have discovered {BFX COIN (BFX)|(BFX) BFX COIN}, you'll be presented with a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). For now we're going to create our own Limit Order.

The field with the “Price” tag will be filled with the most up-to-date rate {BFX COIN (BFX)|(BFX) BFX COIN} was sold for. You can change this to your desired rate. The field with the “Amount” tag is the volumen of BFX you wish to buy. The ”Total” field is the total price in Bitcoin that you'll settle for the whole volumen of BFX.

When you're happy, make a mouse click on “Buy BFX”. Your order will be filled when a Seller sells their BFX for the price you submitted.

Step 5 – Withdraw {BFX COIN (BFX)|(BFX) BFX COIN}

Unless you're frequently trading, best advise is not to keep crypto on an Cryptocurrency Exchange for an extended time frame. To take off your {BFX COIN (BFX)|(BFX) BFX COIN}, hover over the ”Funds” tab and click on “Withdraw”. {BFX COIN (BFX)|(BFX) BFX COIN} can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find {BFX COIN (BFX)|(BFX) BFX COIN} by using the given drop-down box. Put into the amount of {BFX COIN (BFX)|(BFX) BFX COIN} you'd wish to take off. Don't forget the demonstrated fees/minimums. Also make sure you have entered your correct withdraw address.

When you're satisfied, click on “Submit”. You could be asked for phone/email verification before a take off.

Congratulations! You've successfully bought and stored BFX COIN (BFX) in Austria.

That's it!

Withdrawals from Crypto Exchange can take between 1 – 30 minutes (depending on usage of the network). Once you have proved your withdrawal with Etherscan.io or Ethplorer.io and the {BFX COIN (BFX)|(BFX) BFX COIN} is stored in your wallet, you're all done.

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