How to Buy Bitcoin 2 (BTC2) in Australia

A Step-by-Step-Guide on how to buy Bitcoin 2 (BTC2) in Australia

Step 1 – Signup to Coinmama

You will first need to buy units of the bigger currencies. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click the button below to register and to get your Bitcoin (BTC) or Ethereum (ETH).

Binance Signup
Step 2 – Transmit Your Funds 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 alike. Bitcoin 2 (BTC2) is obtainable 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've chosen the precise coin you would like to deposit.

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so on. In the case you're working with a decentralized exchange, like Airswap or DDEX could be divergent (Follow these easy steps).

Step 3 – Find {Bitcoin 2 (BTC2)|(BTC2) Bitcoin 2}

As soon as your deposit has been approved, you'll instantly have access to your assets and you can begin buying and trading. To buy {Bitcoin 2 (BTC2)|(BTC2) Bitcoin 2} on Binance, you'll want to hover over the tab which is called “Exchange” and mouse click on “Basic”.

To discover {Bitcoin 2 (BTC2)|(BTC2) Bitcoin 2}, you'll need to put the short name of the asset (BTC2) into the search box, which is highlighted in the picture. Be certain of having choosen the proper pairing, we've highlighted this too. Click on “BTC2/BTC” to advance.

{How to buy Coin on Binance 1|Binance How To Buy 1} Bitcoin 2 (BTC2)
Step 4 – Buy {Bitcoin 2 (BTC2)|(BTC2) Bitcoin 2}

Once you've discovered {Bitcoin 2 (BTC2)|(BTC2) Bitcoin 2}, you will be presented with a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). And now we are going to create our own Limit Order.

The field with the “Price” tag will be filled with the latest tariff {Bitcoin 2 (BTC2)|(BTC2) Bitcoin 2} was traded for. This can be changed to your desired rate. The field with the “Amount” tag is the amount of BTC2 you like to buy. The ”Total” field is the aggregated price in Bitcoin that you'll pay for the whole amount of BTC2.

When you're glad, make a mouse click on “Buy BTC2”. Your plan will be filled when a Seller sells their BTC2 for the price you gave.

Step 5 – Withdraw {Bitcoin 2 (BTC2)|(BTC2) Bitcoin 2}

Unless you're trading, never keep your coins on an Exchange for an extended time frame. To withdraw your {Bitcoin 2 (BTC2)|(BTC2) Bitcoin 2}, hover over the tab called “Funds” and mouse click on “Withdraw”. {Bitcoin 2 (BTC2)|(BTC2) Bitcoin 2} can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find {Bitcoin 2 (BTC2)|(BTC2) Bitcoin 2} by using the provided drop-down box. Drop in the volumen of {Bitcoin 2 (BTC2)|(BTC2) Bitcoin 2} you'd wish to withdraw. Don't forget the demonstrated fees/minimums. Also make sure you have filled your correct withdraw address.

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

Kudos! You've successfully bought and safed Bitcoin 2 (BTC2) in Australia.

That's it!

Withdrawals from Exchange can durate anywhere from 1 – 30 minutes (depending on network usage). As soon as you've confirmed your withdrawal using Ethplorer.io or Etherscan.io and the {Bitcoin 2 (BTC2)|(BTC2) Bitcoin 2} is safe in your wallet, you're done.

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