A Step-by-Step-Guide on how to buy Bitstar (BITS) in Anguilla
Step 1 – Signup to Coinmama In the beginning you'll need to purchase one of the major coins. Exchanges normally accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Follow the Link below to register and receive your Ethereum or Bitcoin.
Step 2 – Transfer Your Ethereum or Bitcoin to an Crypto Exchange Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. Bitstar (BITS) is obtainable on Binance, so we're going to use that as an example. Unsure on how to send Coinbase funds to an Exchange? (Just follow this manual) Make sure you've chosen the right coin you want to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so on. If you are working with a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our manual).
Step 3 – Find Bitstar (BITS) As soon as your deposit has been confirmed, you will instantly have access to your funds and you can initiate purchasing and trading. To invest in Bitstar (BITS) on Binance, you'll want to hover over the ”Exchange” tab and after that mouse click on “Basic”. To discover Bitstar (BITS), you'll need to insert the shortname of the coin (BITS) into the search-box, which is highlighted in the image. Make sure you have selected the correct grouping, we have highlighted this too. Click on “BITS/BTC” to continue.
Step 4 – Acquisition of Bitstar (BITS) Once you have spotted Bitstar (BITS), you'll be presented with a Price Chart (in the Center of the image) and a few Order Books (on the Left of the picture). Next we're going to make our own Limit Order. The ”Price” field will be automatically filled with the most up-to-date price Bitstar (BITS) was traded for. You can change this to your preferred rate. The field with the “Amount” tag is the quantity of BITS you want to buy. The ”Total” field is the whole price in Bitcoin that you'll pay for the complete amount of BITS. If you are happy, make a mouse click on “Buy BITS”. Your plan will be filled when a Seller trades their BITS for the price you gave.
Step 5 – Withdraw Bitstar (BITS) Unless you're frequently trading, best advise is not to keep your crypto on an Crypto Exchange for an longer time period. In order to take off your Bitstar (BITS), go to the tab called “Funds” and click on “Withdraw”. Bitstar (BITS) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Bitstar (BITS) by using the provided drop-down box. Enter the quantity of Bitstar (BITS) you'd wish to take off. Don't forget the presented fees/minimums. Also make sure you have entered your right withdraw address. When you are happy, click “Submit”. You could be requested for verfication via email/phone before a take off.
Congratulations! You have successfully purchased and safed Bitstar (BITS) in Anguilla.That's it! Take offs from Crypto Exchange can durate anywhere from 1 – 30 minutes (rely on network usage). As soon as you have confirmed your withdrawal using Etherscan.io or Ethplorer.io and the Bitstar (BITS) is safe in your wallet, you're all done.
And some more interesting Altcoins: