How to Buy BitcoinPoS (BPS) in Austria

A Step-by-Step-Guide on how to buy BitcoinPoS (BPS) in Austria

Step 1 – Signup to Coinmama

You will first need to purchase one of the top-tier coins. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Follow the Link below for registration and to get your BTC (Bitcoin) or ETH (Ethereum).

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

Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is similar. BitcoinPoS (BPS) is accessible on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this guide)

Make sure you have chosen the right coin you want to deposit.

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

Step 3 – Locate {BitcoinPoS (BPS)|(BPS) BitcoinPoS}

Once your deposit has been affirmed, you will now have access to your assets and you can initiate invest and trading. To buy {BitcoinPoS (BPS)|(BPS) BitcoinPoS} on Binance, you will want to go to the tab which is called “Exchange” and after that click on “Basic”.

To find {BitcoinPoS (BPS)|(BPS) BitcoinPoS}, you will need to insert the short name of the asset (BPS) into the search box, which is marked in the image. Be certain of having choosen the right grouping, we've marked this also. Click on “BPS/BTC” to proceed.

{How to buy Coin on Binance 1|Binance How To Buy 1} BitcoinPoS (BPS)
Step 4 – Purchase {BitcoinPoS (BPS)|(BPS) BitcoinPoS}

As soon as you have discovered {BitcoinPoS (BPS)|(BPS) BitcoinPoS}, you will be presented with a Price Chart (in the Center of the image) and some Order Books (on the Left of the image). For now we're creating our own Limit Order.

The ”Price” field will be filled with the up-to-date price {BitcoinPoS (BPS)|(BPS) BitcoinPoS} was sold for. This can be changed to your desired price. The field with the “Amount” tag is the quantity of BPS you wish to purchase. The field with the “Total” tag is the total price in Bitcoin that you'll pay for the complete quantity of BPS.

If you are satisfied, make a mouse click on “Buy BPS”. Your order will be filled as soon as a Vendor sells their BPS for the price you gave.

Step 5 – Withdraw {BitcoinPoS (BPS)|(BPS) BitcoinPoS}

Unless you're frequently trading, best advise is not to keep your coins on an Crypto Trader for an longer time frame. To withdraw your {BitcoinPoS (BPS)|(BPS) BitcoinPoS}, go to the ”Funds” tab and click on “Withdraw”. {BitcoinPoS (BPS)|(BPS) BitcoinPoS} can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find {BitcoinPoS (BPS)|(BPS) BitcoinPoS} by using the provided drop-down box. Put into the volumen of {BitcoinPoS (BPS)|(BPS) BitcoinPoS} you would wish to withdraw. Don't forget the displayed fees/minimums. Also make sure you have entered your right withdraw address.

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

Congrats! You've successfully bought and safed BitcoinPoS (BPS) in Austria.

That's it!

Withdrawals from Crypto Exchange can durate anywhere from 1 – 30 minutes (depending on usage of the network). Once you've proved your withdrawal with Etherscan.io or Ethplorer.io and the {BitcoinPoS (BPS)|(BPS) BitcoinPoS} is safe inside your wallet, you are done.

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