How to Buy Bytecoin (BCN) in Anguilla

A Step-by-Step-Guide on how to buy Bytecoin (BCN) in Anguilla

Step 1 – Join Coinmama

You will first need to buy one of the bigger currencies. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Click the button below to register and getting your Ethereum (ETH) or Bitcoin (BTC).

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

Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Exchange now. Every exchange has a deposit form that is similar. Bytecoin (BCN) is available on Binance, so we will use that as an illustration. Not sure on how to send Coinbase funds to an Exchange? (Just 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, ETH to an ETH deposit address, etcetera. If you are working with a decentralized exchange, such as Airswap or DDEX could be different (Just follow our manual).

Step 3 – Locate {Bytecoin (BCN)|(BCN) Bytecoin}

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

In order to discover {Bytecoin (BCN)|(BCN) Bytecoin}, you will need to insert the cointype (BCN) into the search-box, which is marked in the picture. Make sure you have choosen the proper grouping, we've marked this too. Click on “BCN/BTC” to continue.

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

As soon as you have found {Bytecoin (BCN)|(BCN) Bytecoin}, you'll be presented with a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). And now we are creating our Limit Order.

The ”Price” field will be filled automatically with the most recent tariff {Bytecoin (BCN)|(BCN) Bytecoin} was sold for. You can change this to your preferred price. The ”Amount” field is the quantity of BCN you wish to buy. The ”Total” field is the aggregated price in BTC that you'll settle for the complete quantity of BCN.

If you are glad, click on “Buy BCN”. Your order will be filled when a Vendor trades their BCN for the price you offered.

Step 5 – Withdraw {Bytecoin (BCN)|(BCN) Bytecoin}

Unless you're regularly trading, best advise is not to keep your crypto on an Crypto Exchange for an extended period of time. In order to withdraw your {Bytecoin (BCN)|(BCN) Bytecoin}, hover over the tab called “Funds” and mouse click on “Withdraw”. {Bytecoin (BCN)|(BCN) Bytecoin} can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find {Bytecoin (BCN)|(BCN) Bytecoin} by using the given drop-down box. Enter the quantity of {Bytecoin (BCN)|(BCN) Bytecoin} you would wish to withdraw. Don't forget the presented fees/minimums. Also make sure you have entered your precise withdraw address.

When you're glad, click on “Submit”. You may be requested for email/phone verification ahead of a take off.

Congratulations! You've successfully bought and safed Bytecoin (BCN) in Anguilla.

That's it!

Take offs from Cryptocurrency Exchange can take between 1 – 30 minutes (depending on usage of the network). Once you've proved your take off using Ethplorer.io or Etherscan.io and the {Bytecoin (BCN)|(BCN) Bytecoin} is safe within your wallet, you're done.

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