How to Buy BitShares (BTS) in Armenia

A Step-by-Step-Guide on how to buy BitShares (BTS) in Armenia

Step 1 – Join Coinmama

You'll first need to buy units of the bigger currencies. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Follow the Link below to register and to get your Ethereum (ETH) or Bitcoin (BTC).

Binance Signup
Step 2 – Send Your Bitcoin or Ethereum to an Cryptocurrency Exchange

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

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

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, et cetera. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our how-to).

Step 3 – Find {BitShares (BTS)|(BTS) BitShares}

As soon as your deposit has been confirmed, you will immediately have access to your finances and you can commence buying and trading. To invest in {BitShares (BTS)|(BTS) BitShares} on Binance, you will want to hover over the tab which is called “Exchange” and then click on “Basic”.

In order to locate {BitShares (BTS)|(BTS) BitShares}, you will need to put the shortname of the coin (BTS) into the search-box, which is marked in the image. Be certain of having choosen the correct grouping, we have marked this too. Click on “BTS/BTC” to advance.

{How to buy Coin on Binance 1|Binance How To Buy 1} BitShares (BTS)
Step 4 – Acquisition of {BitShares (BTS)|(BTS) BitShares}

As soon as you've spotted {BitShares (BTS)|(BTS) BitShares}, you will be given a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). For now we're creating our Limit Order.

The ”Price” field will be filled with the recent price {BitShares (BTS)|(BTS) BitShares} was traded for. You can change this to your desired rate. The field with the “Amount” tag is the amount of BTS you like to buy. The field with the “Total” tag is the total price in Bitcoin that you will pay for the whole amount of BTS.

When you're glad, click on “Buy BTS”. Your plan will be filled as soon as a Vendor sells their BTS for the price you introduced.

Step 5 – Withdraw {BitShares (BTS)|(BTS) BitShares}

Unless you are frequently trading, best advise is not to keep your crypto coins on an Crypto Exchange for an extensive time frame. To withdraw your {BitShares (BTS)|(BTS) BitShares}, go to the ”Funds” tab and click on “Withdraw”. {BitShares (BTS)|(BTS) BitShares} can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate {BitShares (BTS)|(BTS) BitShares} by using the given drop-down box. Enter the amount of {BitShares (BTS)|(BTS) BitShares} you would wish to withdraw. Don't forget the demonstrated fees/minimums. Also make sure you have entered your correct withdraw address.

If you are satisfied, make a mouse click on “Submit”. You may be requested for verfication via email/phone ahead of a withdrawal.

Congratulations! You've successfully purchased and stored BitShares (BTS) in Armenia.

That's it!

Withdrawals from Crypto Trader can take between 1 – 30 minutes (rely on network usage). As soon as you have proved your take off with Ethplorer.io or Etherscan.io and the {BitShares (BTS)|(BTS) BitShares} is safe inside your wallet, you're finished.

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