How to Buy Bitcoin HD (BHD) in Australia

A Step-by-Step-Guide on how to buy Bitcoin HD (BHD) in Australia

Step 1 – Join Coinmama

In the beginning you'll need to buy one of the major coins. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Click below for registration and receive your BTC (Bitcoin) or ETH (Ethereum).

Binance Signup
Step 2 – Transfer Your Bitcoin or Ethereum to an Exchange

Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Exchange now. Every exchange has a deposit form that is similar. Bitcoin HD (BHD) is available on Binance, so we're going to use that as an illustration. Not sure on how to send Coinbase funds to an Exchange? (Just follow this guide)

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

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so on. If you are working with a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our manual).

Step 3 – Find {Bitcoin HD (BHD)|(BHD) Bitcoin HD}

As soon as your deposit has been approved, you'll immediately have access to your assets and you can launch buying and trading. To buy {Bitcoin HD (BHD)|(BHD) Bitcoin HD} on Binance, you'll want to go to the ”Exchange” tab and after that mouse click on “Basic”.

In order to discover {Bitcoin HD (BHD)|(BHD) Bitcoin HD}, you'll need to put the shortname of the coin (BHD) into the search-box, which is marked in the picture. Be certain of having selected the right grouping, we've marked this too. Click on “BHD/BTC” to continue.

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

After you've spotted {Bitcoin HD (BHD)|(BHD) Bitcoin HD}, 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 making our Limit Order.

The ”Price” field will be filled automatically with the most latest rate {Bitcoin HD (BHD)|(BHD) Bitcoin HD} was traded for. This can be changed to your preferred rate. The ”Amount” field is the volumen of BHD you wish to purchase. The ”Total” field is the whole price in BTC that you'll pay for the complete volumen of BHD.

When you are satisfied, click on “Buy BHD”. Your order will be filled as soon as a Vendor sells their BHD for the price you introduced.

Step 5 – Withdraw {Bitcoin HD (BHD)|(BHD) Bitcoin HD}

Unless you are regularly trading, you should never keepyour coins on an Crypto Exchange for an extended time frame. In order to withdraw your {Bitcoin HD (BHD)|(BHD) Bitcoin HD}, go to the ”Funds” tab and click on “Withdraw”. {Bitcoin HD (BHD)|(BHD) Bitcoin HD} can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find {Bitcoin HD (BHD)|(BHD) Bitcoin HD} by using the provided drop-down box. Drop in the volumen of {Bitcoin HD (BHD)|(BHD) Bitcoin HD} you would like to withdraw. Don't forget the shown fees/minimums. Also make sure you have entered your correct withdraw address.

When you are satisfied, make a mouse click on “Submit”. You could be requested for phone/email verification ahead of a withdrawal.

Congrats! You have successfully purchased and stored Bitcoin HD (BHD) in Australia.

That's it!

Take offs from Crypto Trader can take between 1 – 30 minutes (rely on usage of the network). As soon as you have proved your withdrawal with Etherscan.io or Ethplorer.io and the {Bitcoin HD (BHD)|(BHD) Bitcoin HD} is safe within your wallet, you're all done.

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