How to buy Beldex(BDX) coins on mobile phone

To purchase Beldex (BDX) coins, choose a preferred cryptocurrency exchange, create an account, complete KYC requirements, fund the account, find BDX trading pairs, place a buy order, and monitor the transaction status.

Jan 01, 2025 at 06:49 am

Key Points

• Determine the preferred cryptocurrency exchange
• Set up an account and complete KYC requirements
• Fund the account with a supported method
• Search for BDX trading pairs
• Place a buy order and specify the amount of BDX coins desired
• Monitor the transaction status and confirm the purchase once completed

How to Buy Beldex (BDX) Coins on Mobile Phone

1. Choosing a Cryptocurrency Exchange

• Binance: Largest crypto exchange with a vast selection of coins, high liquidity, and advanced trading features.
• KuCoin: Global exchange with a wide range of cryptocurrencies, low fees, and user-friendly interface.
• Huobi: Reputable exchange offering a variety of trading options, including spot, margin, and derivatives.

2. Account Setup and KYC

• Download the exchange's mobile app and create an account.
• Provide personal information and identity documents for KYC compliance.
• Verify the account through email or phone number.

3. Funding the Account

• Bank transfer: Transfer funds from a linked bank account to the exchange. (May require additional verification)
• Credit/debit card: Purchase cryptocurrencies directly using a credit or debit card. (May incur higher fees)
• Cryptocurrency deposit: Transfer cryptocurrencies from another wallet or exchange to fund the account.

4. Finding BDX Trading Pairs

• Use the search bar to find available trading pairs, such as BDX/USDT or BDX/BTC.
• Alternatively, navigate to the "Markets" section and select the desired pair.

5. Placing a Buy Order

• Enter the desired amount of BDX coins to purchase.
• Choose the market or limit order type.
• Specify the price at which to buy (for limit orders).
• Review the order details and confirm the purchase.

6. Monitoring the Transaction

• The order book will display the real-time status of the order.
• Once the order is filled, the purchased BDX coins will be credited to the exchange wallet.

FAQs

Which is the best cryptocurrency exchange to buy BDX coins?

Binance and KuCoin are reputable exchanges with high liquidity and support for BDX trading.

Can I buy BDX coins using a credit card?

Yes, some exchanges support credit/debit card purchases. However, fees may apply.

What is KYC?

Know Your Customer (KYC) is a verification process required by exchanges to prevent fraud and money laundering. It typically involves submitting personal information and identity documents.

How long does it take to buy BDX coins?

The purchase process can be completed in a matter of minutes, depending on the exchange's verification and transaction processing times.

Can I store BDX coins on the exchange?

Yes, exchanges provide wallets for storing purchased cryptocurrencies. However, it is recommended to withdraw large amounts to a personal wallet for added security.