How to Buy bitCNY (BITCNY) in Anguilla

A Step-by-Step-Guide on how to buy bitCNY (BITCNY) in Anguilla

Step 1 – Signup to Coinmama

You'll first need to purchase units of the major currencies. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Click below for registration and getting your ETH (Ethereum) or BTC (Bitcoin).

Binance Signup
Step 2 – Transmit Your Funds to an Cryptocurrency Exchange

Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. bitCNY (BITCNY) is obtainable on Binance, so we're going to use that as an illustration. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow these easy steps)

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

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, et cetera. If you are working with a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our manual).

Step 3 – Find {bitCNY (BITCNY)|(BITCNY) bitCNY}

As soon as your deposit has been approved, you will directly have access to your funds and you can initiate purchasing and trading. To invest in {bitCNY (BITCNY)|(BITCNY) bitCNY} on Binance, you will want to hover over the ”Exchange” tab and after that click on “Basic”.

To find {bitCNY (BITCNY)|(BITCNY) bitCNY}, you will need to insert the shortname of the coin (BITCNY) into the search box, which is highlighted in the graphic. Be certain of having selected the right pairing, we have highlighted this too. Click on “BITCNY/BTC” to proceed.

{How to buy Coin on Binance 1|Binance How To Buy 1} bitCNY (BITCNY)
Step 4 – Buying {bitCNY (BITCNY)|(BITCNY) bitCNY}

After you have discovered {bitCNY (BITCNY)|(BITCNY) bitCNY}, you'll be presented with a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). For now we are going to make our own Limit Order.

The ”Price” field will be filled automatically with the up-to-date rate {bitCNY (BITCNY)|(BITCNY) bitCNY} was sold for. This can be changed to your favoured rate. The field with the “Amount” tag is the volumen of BITCNY you wish to buy. The ”Total” field is the total price in BTC that you will pay for the whole volumen of BITCNY.

When you are glad, make a mouse click on “Buy BITCNY”. Your order will be filled as soon as a Vender sells their BITCNY for the price you gave.

Step 5 – Withdraw {bitCNY (BITCNY)|(BITCNY) bitCNY}

Unless you are frequently trading, you should never keepyour crypto coins on an Crypto Trader for an extended period of time. To withdraw your {bitCNY (BITCNY)|(BITCNY) bitCNY}, go to the ”Funds” tab and click on “Withdraw”. {bitCNY (BITCNY)|(BITCNY) bitCNY} can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate {bitCNY (BITCNY)|(BITCNY) bitCNY} by using the provided drop-down box. Drop in the amount of {bitCNY (BITCNY)|(BITCNY) bitCNY} you'd like to withdraw. Don't forget the presented minimus/fees. Also make sure you have entered your correct withdraw address.

When you are happy, make a mouse click on “Submit”. You may be asked for verfication via email/phone ahead of a withdrawal.

Congrats! You've successfully purchased and safed bitCNY (BITCNY) in Anguilla.

That's it!

Withdrawals from Crypto Trader can take between 1 – 30 minutes (rely on network usage). Once you've confirmed your withdrawal with Ethplorer.io or Etherscan.io and the {bitCNY (BITCNY)|(BITCNY) bitCNY} is stored inside your wallet, you're finished.

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