How to Buy Bonpay (BON) in Anguilla

A Step-by-Step-Guide on how to buy Bonpay (BON) in Anguilla

Step 1 – Signup to Coinmama

You will first need to purchase units of the top-tier coins. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click below for registration and to get your Bitcoin (BTC) or Ethereum (ETH).

Binance Signup
Step 2 – Transfer Your Ethereum or Bitcoin to an Crypto Exchange

Your Bitcoin or Ethereum will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is identical. Bonpay (BON) is available on Binance, so we will use that as an example. Unsure on how to send Coinbase funds to an Crypto Exchange? (Follow this how-to)

Make sure you have selected the correct coin you would like to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etc. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our how-to).

Step 3 – Find {Bonpay (BON)|(BON) Bonpay}

As soon as your deposit has been verified, you'll now have access to your finances and you can initiate buying and trading. To invest in {Bonpay (BON)|(BON) Bonpay} on Binance, you'll want to hover over the tab which is called “Exchange” and then click on “Basic”.

To spot {Bonpay (BON)|(BON) Bonpay}, you'll need to insert the shortname of the coin (BON) into the search box, which is highlighted in the picture. Be certain of having selected the correct grouping, we've highlighted this also. Click on “BON/BTC” to advance.

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

Once you have spotted {Bonpay (BON)|(BON) Bonpay}, you'll be given a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). And now we're making our own Limit Order.

The field with the “Price” tag will be filled automatically with the up-to-date price {Bonpay (BON)|(BON) Bonpay} was sold for. You can change this to your desired rate. The field with the “Amount” tag is the volumen of BON you like to buy. The field with the “Total” tag is the total price in BTC that you'll pay for the whole volumen of BON.

If you're satisfied, click on “Buy BON”. Your order will be filled as soon as a Seller sells their BON for the price you offered.

Step 5 – Withdraw {Bonpay (BON)|(BON) Bonpay}

Unless you're frequently trading, best advise is not to keep crypto on an Exchange for an extended time frame. In order to withdraw your {Bonpay (BON)|(BON) Bonpay}, hover over the ”Funds” tab and click on “Withdraw”. {Bonpay (BON)|(BON) Bonpay} can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find {Bonpay (BON)|(BON) Bonpay} by using the provided drop-down box. Drop in the volumen of {Bonpay (BON)|(BON) Bonpay} you'd wish to withdraw. Take into account the shown fees/minimums. Also make sure you have entered your correct withdraw address.

If you're glad, make a mouse click on “Submit”. You could be requested for verfication via phone/email before a withdrawal.

Congratulations! You've successfully purchased and stored Bonpay (BON) in Anguilla.

That's it!

Withdrawals from Cryptocurrency Exchange can durate anywhere from 1 – 30 minutes (depending on network usage). Once you've confirmed your withdrawal using Etherscan.io or Ethplorer.io and the {Bonpay (BON)|(BON) Bonpay} is safe within your wallet, you are finished.

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