How to Buy BitMoney (BIT) in Anguilla

A Step-by-Step-Guide on how to buy BitMoney (BIT) in Anguilla

Step 1 – Join Coinmama

You'll first need to buy one of the major currencies. Exchanges normally accept either Ethereum or Bitcoin in exchange for alternative Coins. Follow the Link below for registration and to get your Ethereum or Bitcoin.

Binance Signup
Step 2 – Send Your Funds to an Crypto Exchange

Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is identical. BitMoney (BIT) is available on Binance, so we will use that as an example. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Just follow these easy steps)

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

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etcetera. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow these easy steps).

Step 3 – Find {BitMoney (BIT)|(BIT) BitMoney}

Once your deposit has been verified, you'll directly have access to your finances and you can start invest and trading. To invest in {BitMoney (BIT)|(BIT) BitMoney} on Binance, you'll want to go to the tab which is called “Exchange” and after that mouse click on “Basic”.

In order to discover {BitMoney (BIT)|(BIT) BitMoney}, you'll need to insert the short name of the asset (BIT) into the search box, which is marked in the picture. Make sure you have choosen the correct pairing, we have marked this too. Click on “BIT/BTC” to continue.

{How to buy Coin on Binance 1|Binance How To Buy 1} BitMoney (BIT)
Step 4 – Buy {BitMoney (BIT)|(BIT) BitMoney}

Once you've found {BitMoney (BIT)|(BIT) BitMoney}, you will be given a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). For now we are going to make our own Limit Order.

The field with the “Price” tag will be filled with the recent tariff {BitMoney (BIT)|(BIT) BitMoney} was sold for. This can be changed to your preferred price. The ”Amount” field is the quantity of BIT you want to purchase. The ”Total” field is the whole price in Bitcoin that you'll pay for the whole quantity of BIT.

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

Step 5 – Withdraw {BitMoney (BIT)|(BIT) BitMoney}

Unless you're frequently trading, best advise is not to keep crypto coins on an Crypto Trader for an extensive period of time. To take off your {BitMoney (BIT)|(BIT) BitMoney}, hover over the ”Funds” tab and mouse click on “Withdraw”. {BitMoney (BIT)|(BIT) BitMoney} can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate {BitMoney (BIT)|(BIT) BitMoney} by using the given drop-down box. Enter the quantity of {BitMoney (BIT)|(BIT) BitMoney} you'd wish to take off. Take into account the demonstrated minimus/fees. Also make sure you have filled your right withdraw address.

If you're glad, click “Submit”. You could be requested for phone/email verification before a take off.

Congratulations! You have successfully purchased and safed BitMoney (BIT) in Anguilla.

That's it!

Take offs from Crypto Exchange can durate anywhere from 1 – 30 minutes (rely on usage of the network). As soon as you have confirmed your take off with Ethplorer.io or Etherscan.io and the {BitMoney (BIT)|(BIT) BitMoney} is stored within your wallet, you are all done.

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