Buying Your First Altcoin

in bitcoin •  7 years ago 

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Overview


This tutorial will show you how to buy your first Altcoin with Binance. Since we are on the Steemit platform, it seems appropriate that I use Steem as an example. You can follow these steps to buy any Altcoin of your choice, just be sure to do your own research before making any decisions.

What You Will Need


You will need the following items available before you proceed.

  1. Binance account funded with Bitcoin
    Buying STEEM

  2. Log in to your Binance account.

  3. Click on the Exchange tab and select Basic.
    exchange.png

  4. Type “steem” in the search field on the right side of the screen and click the STEEM/BTC pair that appears below it.
    steem-search.png

  5. Click on the Market tab below the chart, enter the Amount of STEEM you would like to buy, and click Buy STEEM (I will cover the Limit and Stop-Limit buying options in a future tutorial).
    buy-steem.png

  6. Click the Orders tab and select Order History.
    order-history.png

  7. You should see your completed STEEM buy order in the table.
    order-history-2.png

Congratulations! You now own your first Altcoin!


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If this blog post was helpful or entertaining, please follow, upvote, resteem and/or consider making a contribution to the author:

BTC Wallet - 18BR7SB8rzxwFkmUgzrpBJsELCdJEXvgLC
ETH Wallet - 0xf841727be19ab7746471a9dad938badb4bbf7af9
LTC Wallet - Lcaj6ug3kSeZmGTfUxMk8J7W3anBexeLF6

Legal Disclaimer: This is just my analysis and not to be taken as professional financial advice. Do your own research beyond what you read in my blog posts and make your own decisions based on your beliefs about what to invest your money in.

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