How to buy ByteCoin: What you need to know?

Buy Bitcoin on Coinbase first

Step 1: Register on Coinbase

What you need to do first is to visit the Coinbase official website. Use the link here or click the image below to get $10 in Bitcoin when you purchase or sell your first $100.

Step 2: Enter required details

The next thing you need to do is to enter the required details asked in the form. This includes your personal information such as your name, email address, and password. Make sure to choose a strong password comprising a combination of letters and digits for security purposes.

Step 3: Verify your account

After successfully submitting, you will receive an email from Coinbase containing a link verification. You have to click on it and also make sure to verify your account. More so, make it sure to provide a working number when asked for 2FA verification. Coinbase will utilize this information to send you a verification code in which you will have to submit to them further.

Once successful, your newly created Coinbase account is ready to use. If you don’t have any bitcoins yet you may choose to buy on the platform. Coinbase supports debit card, credit card, as well as bank transfer for purchasing digital currencies. For selling, they allow PayPal and bank transfer options. If you want to utilize debit or credit card, proceed to the following steps:

Step 4: Choose a payment method

Go to “Account” settings then select “Payment Methods” tab. Three payment options will appear so proceed and choose the “Credit/Debit” card option.

Step 5: Enter the requierd payment details

You will land into a page that requires you to submit your card information. This includes card number, card name, expiry date, zip code, and CVC number. After receiving a confirmation, proceed buying your bitcoin.

Note: For photo ID verification, upload a photo of you holding the credit card. This payment option will only allow you to buy a daily maximum of $250 worth of bitcoins.

Step 6: Buy bitcoins on coinbase

Clicking the “Buy Bitcoin” tab will allow you to land in a page where you have to enter the quantity of bitcoin you wish to buy, which wallet to save it (select My Wallet), and your payment option. Hit “Buy Bitcoin Instantly” to finish the transaction. You will instantly see your bitcoins in your wallet. Isn’t it easy?

Coinbase wallet works as an exchange and transfer USD and other fiat currencies to Bitcoin as well as other digital currency efficiently. Nowadays, you can speedily transfer your bitcoin to any marketplace, exchange or wallet using particular private keys. In this case we will send the bitcoins to coindeal to buy ByteCoin with the bitcoins we just bought.

Buy ByteCoin on Coindeal.com with Bitcoin

Step 1: Sign up for Coindeal

The first thing that you need to is to create an account in any of the above-mentioned cryptocurrency exchanges. But in this guide will show how to buy this coin at Coindeal.com. To do this just click the image above or click simply here. You will get directed to the Coindeail.com signup form where you can enter your details. When signing up in this exchange make sure to use a real email address because the instructions will be sent in this address.

Step 2: Verify your address

In this step we gonna enter our contact details and credit card informations to verify our address and credit card data. 

Step 3: Deposit Bitcoin from Coinbase to Coindeal

In point of fact, the majority of cryptocurrency exchanges do not accept fiat deposits. That is why you will have to exchange your deposits in either Ethereum or Bitcoin. But if you don’t have any ethereum or bitcoin tokens, there are lots of information that can be found on the Internet talking about how you can buy them. If you already have bitcoin or ethereum, sign in to your account. Then click the button that is labeled with “Deposits”, “Balance”, or “Fund” depending on the cryptocurrency exchange you utilize. After which, search for ETH or BTC and click the deposit button. From here, the exchange will be able to generate deposits address for you. Nevertheless, you can make use of CoinSpot, most especially, if you do want to experience the hassle of purchasing ethereum as well as bitcoin. At CoinSpot you will be able to deposit AUD after verifying your account. But if you want to purchase ByteCoin directly using a credit card then opt for Changelly.

Step 4: Trade your Ethereum for Bytecoin

The moment you already have ETH or BTC in your account, immediately, click on either “Markets” or “Exchange” button and search for BCN in provided search bar. However, at HitBTC, you need to click on the “Exchange’ button and look for the tab that says “Instruments”. Then type BCN on the search bar or simply scroll the list. From here, you will see a “buy BCN” tab in which you can pick Scaled Order, Market, or Limit. If you want to avail this coin at market cost, then you need to click “market” and enter the tokens that you want to purchase. When you’re ready, click on “Buy Market”. Even so, if you are utilizing CoinSpot, click the button labeled with Buy/Sell and enter BCN in the search bar. In fact, you can purchase either by typing the amount of AUD or number of tokens you want to spend. Then, click on the buy button if you are ready.

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