BEPRO Network is a codebase that supports Defi, Gaming, Prediction Markets, and other applications. On the 20th of December, 2019, BEPRO became tradable for the first time. There are 10,000,000,000 of them in total. BEPRO has a market valuation of USD $unknown as of right now.
The coin is currently trading at $0.000851 and is ranked 1161 on Coinmarketcap, with a recent spike of 36.42 percent as of this writing. This article will walk you through the purchase of BEPRO step by step. Take a look!!
Step 1: Join the Fiat-to-Crypto Exchange as a participant.
To get started, you’ll need to buy one of the numerous digital currencies, including Bitcoin (BTC). In this piece, we’ll examine Uphold.com and Coinbase, two of the most popular fiat-to-crypto conversions. Each market has its price structures and capacities, which we’ll get into more depth about later. You must test both of these solutions before deciding which one best suits your needs.
Step 2: Purchase BTC with fiat currency.
Once you’ve completed the KYC process, you will get prompted to provide a payment method. You can either submit a credit/debit card or utilize a bank transfer here. When you use a credit card, you will get charged additional costs. You will, however, complete a transaction in a matter of seconds. While a bank transfer is less expensive but takes longer, certain countries provide low-cost cash deposits. Select Bitcoin and finalize your transaction using the ‘Trade’ symbol in the upper left corner.
Step 3: Transfer BTC to an Altcoin Exchange
But we’re not finished yet; because BEPRO is an altcoin, we’ll need to move our BTC to an exchange where BEPRO can get exchanged; in this case, we’ll use KuCoin. KuCoin is a prominent alternative currency exchange with several tradable cryptocurrency pairs.
KuCoin is a Seychelles-based cryptocurrency exchange (previously Hong Kong).KuCoin, also known as the People’s Exchange, now provides crypto-related services such as crypto-to-crypto, fiat-to-crypto, futures trading, staking, and lending.
You’ll be requested to set up 2FA authentication after going through a similar process as we did with Coinbase. As a result, your account will be more secure.
Step 4: Deposit BTC to exchange
- Another KYC process may be required, which might take anywhere from 30 minutes to a few days depending on the exchange’s requirements. However, the technique should be straightforward. Your exchange wallet should now be fully functional.
- If it is the initial time creating a crypto transaction, the display might seem frightening. But don’t panic. It’s just like moving funds from one account to another. A series of arbitrary integers marked ‘BTC location’ can be found in the right-hand box. That’s your own KuCoin BTC pocket’s domain name, and you can accept BTC by presenting it to the individual who sent you the money. To copy this address to your clipboard, click on ‘Copy Address’ or right-click on the complete address and select copy.
- Return to Coinbase and go to the Portfolio page, where you may select BTC from your asset list, then select ‘Send’ on the right.
- Copy the card details from your notepad and put them into the Receiver box; always double-check that the two credentials are identical for safety purposes. Some malicious programs have to get reported to convert the contents of your notepad into a different digital wallet, allowing you to transmit money to someone else.
- ‘Submit’ is the next step. You will get an email notification right away; click the validation link in an email to send your money to KuCoin!
- Return to KuCoin and go to your exchange wallets; if your deposit isn’t visible here, don’t worry about it. It’s most likely still gets verified in the blockchain network, so expect your coins to appear in a few minutes. It may take significantly longer during peak times, depending on the state of the Bitcoin network’s network traffic.
- Once your BTC has arrived, KuCoin should send you a confirmation email. Finally, you’re ready to buy BEPRO!
Step 5: Trade BEPRO
- Return to KuCoin and select ‘Exchange.’ There’s a search bar in the right column; make sure “BTC” gets chosen because we’re trading BTC for altcoins. Click on it and put in “BEPRO,” and you should see BEPRO/BTC appear. Select that pair, and a BEPRO/BTC price chart should appear in the middle of the page.
- Below is a box with a green “Buy BEPRO” button. Choose the “Market” option inside because it is an easy buy order. You can input your amount or choose what percentage of your deposit you want to spend on purchases by clicking the percent buttons. After double-checking everything, click “Buy BEPRO.”
Other Popular Exchanges
Aside from the exchange(s) listed above, there are a few popular crypto exchanges with large user bases and decent daily trading volumes.
Gate.io is a cryptocurrency exchange created in 2017 in the United States. Because it gets situated in the United States, US investors are welcome to participate, and we recommend that they do so. Both English and Chinese are available for use on the exchange.
USDT (Tether) is included in the top 10 trading pairs on Gate.io in terms of the trading volume. To summarise, the enormous variety of trading pairs available on Gate.io, as well as its exceptional liquidity, are critical features of this exchange.
Binance is a renowned decentralized cryptocurrency that started in China until Malta, an asymmetric encryption EU island. Binance seems to be well for exchanging bitcoin payments. Binance debuted amid the 2017 cryptocurrency craze and has since climbed to become the most popular cryptocurrency exchange on the planet. Binance does not allow US investors, so we recommend using one of the alternative exchanges listed on this page instead.
When you promise to continue your BEPRO for an extended period, you should look into measures to ensure safety. While Binance is among the best cryptocurrency exchanges, there have been theft events, and monies have to get stolen. Due to the structure of exchanging accounts, they will always be accessible, revealing some risks.
To now, the safest way to hold your money is to use a “Cold Wallet,” which has access to the blockchain only when you send payments out, reducing the chance of hacking. A paper wallet is just an offline-generated pair of public and private addresses that you will write down and keep secure. It is, however, short-lived and sensitive to a multitude of threats.
A guide to the useful tools for trading BEPRO
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