How to Buy BiTing (BTFM) in Austria

A Step-by-Step-Guide on how to buy BiTing (BTFM) in Austria

Step 1 – Signup to Coinmama

In the beginning you'll need to purchase units of the bigger currencies. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Follow the Link below for registration and receive your Bitcoin (BTC) or Ethereum (ETH).

Binance Signup
Step 2 – Send Your ETH (Ethereum) or BTC (Bitcoin) to an Cryptocurrency Exchange

Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. BiTing (BTFM) is available on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this manual)

Make sure you've selected the right coin you want to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etcetera. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow these easy steps).

Step 3 – Find {BiTing (BTFM)|(BTFM) BiTing}

Once your deposit has been affirmed, you will directly have access to your assets and you can launch purchasing and trading. To purchase {BiTing (BTFM)|(BTFM) BiTing} on Binance, you will want to go to the tab which is called “Exchange” and after that click on “Basic”.

In order to locate {BiTing (BTFM)|(BTFM) BiTing}, you will need to put the cointype (BTFM) into the search box, which is marked in the image. Be certain of having selected the correct grouping, we've marked this too. Click on “BTFM/BTC” to progress.

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

As soon as you've discovered {BiTing (BTFM)|(BTFM) BiTing}, you will be given a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). For now we're creating our Limit Order.

The ”Price” field will be filled with the most recent price {BiTing (BTFM)|(BTFM) BiTing} was sold for. You can change this to your favoured price. The ”Amount” field is the amount of BTFM you wish to purchase. The ”Total” field is the total price in BTC that you will settle for the whole amount of BTFM.

When you're satisfied, click on “Buy BTFM”. Your plan will be filled when a Vender trades their BTFM for the price you offered.

Step 5 – Withdraw {BiTing (BTFM)|(BTFM) BiTing}

Unless you're frequently trading, never keep your coins on an Crypto Trader for an longer period of time. In order to withdraw your {BiTing (BTFM)|(BTFM) BiTing}, go to the ”Funds” tab and click on “Withdraw”. {BiTing (BTFM)|(BTFM) BiTing} can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate {BiTing (BTFM)|(BTFM) BiTing} by using the given drop-down box. Enter the volumen of {BiTing (BTFM)|(BTFM) BiTing} you'd like to withdraw. Don't forget the presented minimus/fees. Also make sure you have entered your right withdraw address.

If you're happy, make a mouse click on “Submit”. You could be requested for verfication via phone/email ahead of a take off.

Kudos! You have successfully bought and safed BiTing (BTFM) in Austria.

That's it!

Take offs from Exchange can durate between 1 – 30 minutes (depending on usage of the network). As soon as you have confirmed your take off using Etherscan.io or Ethplorer.io and the {BiTing (BTFM)|(BTFM) BiTing} is stored in your wallet, you're done.

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