How to Buy Bytecoin (BCN) in Armenia

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

Step 1 – Signup to Coinmama

In the beginning you'll need to buy units of the major coins. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Click the button below for registration and getting your ETH (Ethereum) or BTC (Bitcoin).

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

Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is identical. Bytecoin (BCN) is accessible on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Follow this guide)

Make sure you've chosen the exact coin you wish to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so on. In the case you are using a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our manual).

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

As soon as your deposit has been verified, you'll instantly have access to your assets and you can begin invest and trading. To buy {Bytecoin (BCN)|(BCN) Bytecoin} on Binance, you'll want to go to the ”Exchange” tab and after that mouse click on “Basic”.

To discover {Bytecoin (BCN)|(BCN) Bytecoin}, you'll need to put the shortname of the coin (BCN) into the search box, which is marked in the image. Make sure you have choosen the right pairing, we've marked this too. Click on “BCN/BTC” to go ahead.

{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 located {Bytecoin (BCN)|(BCN) Bytecoin}, you'll be given a Price Chart (in the Center of the image) and some Order Books (on the Left of the image). And now we are making our own Limit Order.

The field with the “Price” tag will be automatically filled with the most up-to-date valuation {Bytecoin (BCN)|(BCN) Bytecoin} was sold for. You can change this to your preferred price. The field with the “Amount” tag is the amount of BCN you like to purchase. The ”Total” field is the aggregated price in Bitcoin that you will pay for the complete amount of BCN.

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

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

Unless you are trading, never keep your crypto coins on an Crypto Trader for an extended period of time. In order to withdraw your {Bytecoin (BCN)|(BCN) Bytecoin}, go to the tab called “Funds” and mouse click on “Withdraw”. {Bytecoin (BCN)|(BCN) Bytecoin} can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

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

When you are satisfied, click on “Submit”. You could be requested for verfication via phone/email before a take off.

Congrats! You have successfully bought and stored Bytecoin (BCN) in Armenia.

That's it!

Take offs from Crypto Trader can durate anywhere from 1 – 30 minutes (depending on network usage). Once you have confirmed your take off using Etherscan.io or Ethplorer.io and the {Bytecoin (BCN)|(BCN) Bytecoin} is stored inside your wallet, you are all done.

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