How to Buy Bitforex Token (BF) in Austria

A Step-by-Step-Guide on how to buy Bitforex Token (BF) in Austria

Step 1 – Signup to Coinmama

In the beginning you'll need to buy units of the top-tier coins. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Click the button below to register and receive your ETH (Ethereum) or BTC (Bitcoin).

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

Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is identical. Bitforex Token (BF) is obtainable on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Follow this how-to)

Make sure you've selected the precise coin you wish to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etcetera. If you are using a decentralized exchange, such as Airswap or DDEX could be divergent (Follow these easy steps).

Step 3 – Find {Bitforex Token (BF)|(BF) Bitforex Token}

Once your deposit has been affirmed, you'll immediately have access to your finances and you can launch purchasing and trading. To purchase {Bitforex Token (BF)|(BF) Bitforex Token} on Binance, you'll want to go to the ”Exchange” tab and then click on “Basic”.

In order to find {Bitforex Token (BF)|(BF) Bitforex Token}, you'll need to insert the cointype (BF) into the search box, which is marked in the graphic. Be certain of having choosen the proper pairing, we have marked this also. Click on “BF/BTC” to continue.

{How to buy Coin on Binance 1|Binance How To Buy 1} Bitforex Token (BF)
Step 4 – Buying {Bitforex Token (BF)|(BF) Bitforex Token}

After you have spotted {Bitforex Token (BF)|(BF) Bitforex Token}, you'll be given a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). And now we're creating our Limit Order.

The ”Price” field will be filled with the most latest valuation {Bitforex Token (BF)|(BF) Bitforex Token} was traded for. This can be changed to your preferred price. The field with the “Amount” tag is the quantity of BF you want to buy. The field with the “Total” tag is the total price in Bitcoin that you'll pay for the whole quantity of BF.

When you're glad, click on “Buy BF”. Your order will be filled when a Vendor sells their BF for the price you introduced.

Step 5 – Withdraw {Bitforex Token (BF)|(BF) Bitforex Token}

Unless you are trading, never keep your crypto on an Exchange for an extensive period of time. To withdraw your {Bitforex Token (BF)|(BF) Bitforex Token}, go to the tab called “Funds” and click on “Withdraw”. {Bitforex Token (BF)|(BF) Bitforex Token} can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find {Bitforex Token (BF)|(BF) Bitforex Token} by using the provided drop-down box. Enter the volumen of {Bitforex Token (BF)|(BF) Bitforex Token} you'd like to withdraw. Don't forget the shown fees/minimums. Also make sure you have filled your right withdraw address.

When you are happy, click “Submit”. You could be requested for verfication via email/phone before a withdrawal.

Kudos! You have successfully purchased and safed Bitforex Token (BF) in Austria.

That's it!

Take offs from Cryptocurrency Exchange can take between 1 – 30 minutes (rely on usage of the network). As soon as you've confirmed your withdrawal using Ethplorer.io or Etherscan.io and the {Bitforex Token (BF)|(BF) Bitforex Token} is stored within your wallet, you are all done.

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