How to Buy Bitmax Token (BTMX) in Australia

A Step-by-Step-Guide on how to buy Bitmax Token (BTMX) in Australia

Step 1 – Join Coinmama

You will first need to purchase units of the major coins. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Click the button below for registration and receive your ETH (Ethereum) or BTC (Bitcoin).

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

Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is alike. Bitmax Token (BTMX) is available on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this guide)

Make sure you have chosen the precise coin you want to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etc. If you are using a decentralized exchange, such as Airswap or DDEX could be different (Just follow these easy steps).

Step 3 – Find {Bitmax Token (BTMX)|(BTMX) Bitmax Token}

As soon as your deposit has been verified, you will now have access to your finances and you can start buying and trading. To purchase {Bitmax Token (BTMX)|(BTMX) Bitmax Token} on Binance, you will want to hover over the tab which is called “Exchange” and then click on “Basic”.

In order to locate {Bitmax Token (BTMX)|(BTMX) Bitmax Token}, you will need to put the cointype (BTMX) into the search-box, which is marked in the picture. Make sure you have selected the right grouping, we've marked this also. Click on “BTMX/BTC” to go on.

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

As soon as you've discovered {Bitmax Token (BTMX)|(BTMX) Bitmax Token}, you will be given a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the picture). For now we're going to create our Limit Order.

The field with the “Price” tag will be automatically filled with the latest price {Bitmax Token (BTMX)|(BTMX) Bitmax Token} was traded for. You can change this to your preferred price. The field with the “Amount” tag is the volumen of BTMX you wish to purchase. The ”Total” field is the total price in BTC that you will settle for the complete volumen of BTMX.

If you're happy, click on “Buy BTMX”. Your plan will be filled when a Vendor trades their BTMX for the price you introduced.

Step 5 – Withdraw {Bitmax Token (BTMX)|(BTMX) Bitmax Token}

Unless you are regularly trading, never keep your crypto on an Exchange for an longer time frame. To withdraw your {Bitmax Token (BTMX)|(BTMX) Bitmax Token}, go to the ”Funds” tab and click on “Withdraw”. {Bitmax Token (BTMX)|(BTMX) Bitmax Token} can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find {Bitmax Token (BTMX)|(BTMX) Bitmax Token} by using the given drop-down box. Drop in the amount of {Bitmax Token (BTMX)|(BTMX) Bitmax Token} you'd wish to withdraw. Don't forget the presented minimus/fees. Also make sure you have filled your right withdraw address.

When you are happy, make a mouse click on “Submit”. You could be asked for email/phone verification before a withdrawal.

Congrats! You have successfully bought and stored Bitmax Token (BTMX) in Australia.

That's it!

Take offs from Exchange can durate anywhere from 1 – 30 minutes (depending on network usage). As soon as you have proved your withdrawal using Ethplorer.io or Etherscan.io and the {Bitmax Token (BTMX)|(BTMX) Bitmax Token} is stored within your wallet, you are done.

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