A Step-by-Step-Guide on how to buy Bitcoin Incognito (XBI) in Anguilla
Step 1 – Join Coinmama In the beginning you'll need to purchase units of the top-tier coins. Exchanges commonly accept either Bitcoin or Ethereum in exchange for alternative Coins. Click the button below for registration and to get your Bitcoin or Ethereum.
Step 2 – Send Your Ethereum (ETH) or Bitcoin (BTC) to an Exchange Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Exchange now. Every exchange has a deposit form that is alike. Bitcoin Incognito (XBI) is accessible on Binance, so we're going to use that as an example. Unsure on how to send Coinbase funds to an Crypto Exchange? (Follow this how-to) Make sure you have selected the right coin you want to deposit. BTC must be sent to a BTC deposit address, Ethereum to an ETH deposit address, etc. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our how-to).
Step 3 – Locate Bitcoin Incognito (XBI) Once your deposit has been verified, you'll immediately have access to your assets and you can begin buying and trading. To buy Bitcoin Incognito (XBI) on Binance, you'll want to hover over the tab which is called “Exchange” and then click on “Basic”. To spot Bitcoin Incognito (XBI), you'll need to insert the shortname of the coin (XBI) into the search box, which is marked in the picture. Be certain of having selected the correct pairing, we've marked this also. Click on “XBI/BTC” to go on.
Step 4 – Acquisition of Bitcoin Incognito (XBI) As soon as you have spotted Bitcoin Incognito (XBI), 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). For now we are going to create our own Limit Order. The ”Price” field will be filled with the most recent rate Bitcoin Incognito (XBI) was sold for. You can change this to your desired rate. The field with the “Amount” tag is the amount of XBI you wish to purchase. The field with the “Total” tag is the total price in Bitcoin that you will settle for the whole volumen of XBI. When you're glad, make a mouse click on “Buy XBI”. Your order will be filled as soon as a Seller trades their XBI for the price you submitted.
Step 5 – Withdraw Bitcoin Incognito (XBI) Unless you are regularly trading, best advise is not to keep your crypto coins on an Exchange for an longer time period. To withdraw your Bitcoin Incognito (XBI), go to the ”Funds” tab and mouse click on “Withdraw”. Bitcoin Incognito (XBI) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Bitcoin Incognito (XBI) by using the provided drop-down box. Put into the quantity of Bitcoin Incognito (XBI) 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, click “Submit”. You may be requested for verfication via phone/email before a withdrawal.
Congratulations! You've successfully purchased and stored Bitcoin Incognito (XBI) in Anguilla.That's it! Take offs from Crypto Exchange can durate anywhere from 1 – 30 minutes (rely on network usage). As soon as you've confirmed your withdrawal with Etherscan.io or Ethplorer.io and the Bitcoin Incognito (XBI) is safe in your wallet, you're all done.
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