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How to Buy Bitpanda Ecosystem Token: Best Ways to Buy BEST in 2022

By Cody V. 8 min read

Bitpanda Ecosystem Token is only available on few crypto exchanges and you can't purchase it directly from fiat. First, You have to buy a widely used cryptocurrency like Bitcoin or Ethereum, after that you can easily buy you desired coin like BEST.
In this section we will first give you a complete guide on How can you buy Bitcoin on top exchanges like coinbase, binance etc.


Coinbase

Coinbase is also well-known for its strong liquidity, large variety of viable cryptos, and good security. It provides two methods to enter the cryptocurrency market, depending on the sort of trader you are.

While there are many cryptocurrency trading platforms available today, Coinbase readily makes an impression. It is one of the most well-known and trustworthy digital currency exchange organizations today, with a reputation for being the ideal trading platform for newcomers. This is owing to its basic and easy-to-use interface.

How to buy Bitcoin on Coinbase

If Coinbase appears to be the perfect platform for you, follow the step-by-step instructions below to open an account and begin trading (Dogecoin).

Step 1: Create Coinbase Account

Coinbase is accessible as a webapp and a mobile app for iOS and android. We'll be focusing at the web version for this guide. To begin, go to the sign-up page.

Step 2: Add Funds

Other possibilities for financing accounts could be available in other nations. Please consult this list to discover if purchasing bitcoin is legal in your country.

There are various different financing alternatives available to inhabitants of the United States.

  • Bank account transfers enable you to issue fast buy orders and conduct large-scale transactions.
  • PayPal transfers also allow you to buy cryptocurrency or withdraw dollars instantaneously.
  • Debit card payments may only be used for small-value investments and require a connected bank account or wallet.
  • Wire transfers take longer to process and are suggested for big payments of more than $25,000 USD.

Step 3: Buy Bitcoin

To begin, ensure that you have financed your account to use one of the ways provided above. Then, from the list of cryptocurrencies, pick Bitcoin from the Trade panel. Then you'll see a chart with the coin's price history and a button to place a purchase order.

Next, input the amount of money you wish to spend, and it will compute the matching BTC value for you. Finally, submit your order, and it will be completed as soon as possible.

If you wish to convert another cryptocurrency into BTC, go to the order box's Convert tab and choose your desired coin. Then, input the amount you wish to convert in USD, and the BTC value will be determined. Finally, click Preview Convert to check the conversion information and, if necessary, accept the rate.

You are now the proud owner of Bitcoin!


Binance

The Binance exchange is the simplest and most basic approach to begin purchasing the Bitcoin, since it is one of the most well-known and finest exchange platforms that provides an easy and rapid set-up to begin with the BTC.

How to buy Bitcoin on Binance

Follow the step-by-step instructions below to open an account and begin your first purchase of bitcoin.

Step 1: Create Binance Account

To begin, open a Binance account in order to purchase BTC. Binance accounts can be created by email or mobile. Choose your option and enter your personal information appropriately.

Visit the Binance Website. Click on the “Register” option in the upper right-hand corner and complete the relevant information. Binance will validate your account details throughout the registration process, which may take a few minutes.

After you've created your Binance account, you'll need to verify it. Select Identification from your profile icon to go to the verification screen. This Process is quite simple and straightforward. Just follow the steps that Binance Screen is showing.

Step 2: Select a Payment Method

Go to the Buy Crypto page. It contains a list of all available payment options. You can purchase BTC using a variety of fiat currencies. Enter the amount of fiat money you wish to spend, and the system will calculate the amount of Bitcoin you can acquire. Select your preferred payment method. Following the selection of your payment option, you will be brought to the buy crypto screen.

Step 3: Purchase Bitcoin

To proceed with the transaction, enter your amount that how much you want to spend on it or how much you want to Buy.

Now here you will have to be quick. After selecting your desired amount please double-check the payment details and expenses, and finish your purchase within 1 minute, otherwise the amount of Bitcoin you will get will be modified based on the current market price. Because in crypto market things change within seconds or minutes.

Following that, you will be able to immediately view the bought bitcoin in your Binance Spot Wallet.


OKx

OKx is a blockchain-powered digital asset exchange that offers high-level financial services to seasoned sellers and traders all around the world. This platform offers four key trading categories: C2C, Index, Token, and Futures. We'll guide you through the procedures necessary to begin buying Bitcoin with OKx.

How to buy Bitcoin on OKx

 Buying Bitcoin on OKx is very easy. To buy USDT on OKEx, Follow these steps:

Step 1: Register on OKx

Go to the Official website of OKx platform. Make sure that the website you are is Official. Now on the main screen of website you will see a ‘’Sign Up’’ Button.

Now OKx will sent you a code on your email address Verify the code and click continue.

Step 2: Add Funds

Sign in to your OKEx account and go to the top menu and select "Buy Crypto".

The Quick Trade tab will appear, along with the dynamic Buy widget. First, select the currency in which you wish to make your transaction. Then, choose the cryptocurrency you wish to purchase. In this case USD/Bitcoin;

Enter the amount of USD that you wish to use to buy BTC. Additionally, you can enter the amount of BTC you wish to purchase and OKx will calculate how much you'll need to spend.

Step 3: Buy Bitcoin

Choose a payment method for acquiring cryptocurrency. Depending on your location, you may have numerous alternatives for purchasing.

To complete your purchase order, click Buy.


Transfer BTC/ETH to a Bitpanda Ecosystem Token supported exchange

These are few cryptocurrency exchanges where you can buy Bitpanda Ecosystem Token. Transfer your Bitcoin/Ethereum to one of the below listed exchange and purchase BEST using simple steps.

1. Bitpanda Pro Join Now
2. HitBTC Join Now
3. Bitfinex Join Now
4. Bittrex Join Now

Buy Bitpanda Ecosystem Token on Decentralized Exchanges.

Below, you will find comprehensive and detailed review about top rated decentralized exchanges using which you can buy Bitpanda Ecosystem Token (BEST) easily.

Buy Bitpanda Ecosystem Token on Uniswap

Currently, these are two popular ways to buy Bitpanda Ecosystem Token with Uniswap.



How to buy Bitpanda Ecosystem Token on Uniswap using MetaMask

This section will go through how to purchase Bitpanda Ecosystem Token (BEST) currency on Uniswap using Metamask. Uniswap is an ethereum-based system that permits digital asset exchange, and it may be accessed via the Metamask wallet.

Uniswap provides an exchange opportunity on the Ethereum blockchain and is recognized to be a secure and trustworthy platform on which users can rely, trade and inves to purchase currencies fast and effortlessly in a decentralized way.

Why you should use Uniswap?

Uniswap is a decentralized exchange system that runs on the Ethereum blockchain and allows for peer-to-peer (P2P) crypto trades. The decentralization nature of uniswap has been one of the main factors enabling its growth. The DEX platform facilitates exchanges of digital assets with the certainty of liquidity by utilizing automation and smart contracts.

By committing their assets to liquidity pools, liquidity providers play a vital role in the Uniswap market. In addition, the platform employs an AMM method to determine the price of assets in a liquidity pool, assuring fair value. As a result, Uniswap DEX is unquestionably one of the best options for crypto trading, particularly with a focus on DeFi.

One of the best reason you should use Uniswap is that Traders own their funds, like with all DEXs, and are not required to deposit them on the exchange. Uniswap traders are not at risk of losing their cash because they have complete custody of their assets.

Before moving forward please note that you might have to pay high ethereum network fee.

Create a Metamask Wallet

To purchase any currency on Uniswap, you must have two things first a uniswap compatible wallet and second have some Ethereum in your wallet to pay for the network fee. You can use any Wallet that is supported. In this Guide, we will use Metamask. So, first and foremost, let us begin by making an account on Metamask Wallet.

Step 1: Download Metamask Extension

To set up your Metamask wallet it is suggested that you use Google Chrome with MetaMask because the browser has fewer issues than others. To check that you're on the appropriate platform, open your Chrome browser and enter in the Web address metamask.io at the head. After entering the URL, download and install MetaMask extension.

Step 2: Get Started with Metamask

Click newly installed Metamask icon from top right bar on Chrome browser and open it.

Now click the Get Started button, you'll be asked if you're new to MetaMask. This is where you may import your wallet if you already have a seed phrase and wish to obtain access to it. Click Create a Wallet if you're just starting started.

After you click ‘’Create a Wallet’’, MetaMask will request information from you in order to enhance their platform.

Create your password, accept the Terms of Service, and click Create. When MetaMask or a dapp prompts you to log in to MetaMask, enter this password.

Step 3: Create 12-word seed phrase

Create your 12-word seed phrase, also known as the Secret Backup Phrase in MetaMask. If you ever erase MetaMask from your browser, you can reinstate your account in this manner. With a seed phrase, you may also access your account on a fresh computer from anywhere. On the following page, you will be prompted to confirm your secret phrase in the right sequence.

Awesome! You've just created your MetaMask.

After creating your wallet, the next step is to get Ethereum coin in it for buying and paying for the network gas fee . To buy ethereum Just Copy and make a note of your Metamask wallet address. Purchase some Ethereum on our recommended exchanges by following the steps listed above (how to buy bitcoin/ethereum section).

Find the Withdraw option in your selected exchange. Choose Ethereum as a withdraw coin. Fill the form with your Metamask address and Ethereum as network. After the transfer you will see ethereum coin in you Metamask wallet.

Now we have everything to use uniswap and buy Bitpanda Ecosystem Token.

1. Launch Uniswap and Connect Metamask

Go to Uniswap.org, click Launch App and Connect your Metamask wallet. After connecting your wallet to Uniswap, you can now begin trading tokens on the Uniswap official site.

2. Swap Ethereum for Bitpanda Ecosystem Token

First, decide which cryptocurrency you wish to exchange. Tokens can be found by name or address from CoinMarketCap. In our case, we want to buy Bitpanda Ecosystem Token through Uniswap we will select BEST.

you must enter the amount of cryptocurrency you want to swap. The amount of the BEST you will get, will be calculated automatically by Uniswap. On the Main screen there are two boxes. First box for Ethereum and the second one is for which you want buy (Bitpanda Ecosystem Token).

We wish to exchange ETH for Bitpanda Ecosystem Token (BEST). If you wish to trade a specific amount of ETH, put that amount into the ETH area. You can put a specified amount of BEST in the BEST amount area if you like.

The screen will show you the best possible rates in which your coin is going to be swapped. If you agree with the rate and amount, click Exchange, and you will be sent to a new window where you may check the specifics of your swap.

To proceed and complete the transfer, take a note of the fee as network fee and click swap.

As soon as the trade is verified, BEST will appear in your wallet.

How to buy Bitpanda Ecosystem Token on Uniswap using Trust Wallet

This section will go through how to use Trust Wallet to acquire Bitpanda Ecosystem Token (BEST)on Uniswap. Uniswap is an ethereum-based system that permits digital asset swap, and users can access it using the trust wallet's Dapp browser.

Why you should use Uniswap?

Uniswap is a decentralized exchange system that runs on the Ethereum blockchain and allows for peer-to-peer (P2P) crypto trades. The  decentralization nature of uniswap has been one of the main factors enabling its growth. The DEX platform facilitates exchanges of digital assets with the certainty of liquidity by utilizing automation and smart contracts.

By committing their assets to liquidity pools, liquidity providers play a vital role in the Uniswap market. In addition, the platform employs an AMM method to determine the price of assets in a liquidity pool, assuring fair value. As a result, Uniswap DEX is unquestionably one of the best options for crypto trading, particularly with a focus on DeFi.

One of the best reason you should use Uniswap is that Traders own their funds, like with all DEXs, and are not required to deposit them on the exchange. Uniswap traders are not at risk of losing their cash because they have complete custody of their assets.

To put it another way, Uniswap is a safe mechanism for anyone to exchange various sorts of tokens based on the famous Ethereum blockchain without relying on a centralized exchange.

Before moving forward please note that you might have to pay high ethereum network fee.

Create a Trust Wallet

In order to buy BEST from Uniswap you must have an active Trust Wallet or Metamask Account. So first lets see how to create an account on Trust Wallet.

Step 1: Download Trust Wallet

Before you begin, you must first download the Trust wallet app from the Google Play or App Store. As of writing this guide Trust wallet is only available for Android and IOS users.

Step 2: Get Started with Trust Wallet

After installation, click "Create a New Wallet." Read the Privacy Statement and the Terms of Service, then check the box to confirm and click "Continue."

Step 3: Create 12-word seed phrase

Make a note of your 12-word recovery phrase on a piece of paper and keep it somewhere secure where you won't forget it. Once you've typed down your sentence, press the words on the next screen to put them in the right sequence to ensure you've done it correctly.

After you've established your wallet, you may access your wallet address by selecting the currency you want to use.

Awesome! You've just created your Trust wallet account.

After creating your wallet, the next step is to get Ethereum coin in it for buying and paying for the network gas fee . To buy ethereum Just Copy and make a note of your Trust wallet address. Purchase some Ethereum on our recommended exchanges by following the steps listed above (how to buy  bitcoin/ethereum section).

Find the Withdraw option in your selected exchange. Choose Ethereum as a withdraw coin. Fill the form with your Trust wallet address and Ethereum as network. After the transfer you will see ethereum coin in you Trust wallet.

Now we have everything to use uniswap and buy Bitpanda Ecosystem Token.

Step 4: Launch Uniswap and Connect Trust Wallet

Open your Trust wallet app and navigate to Dapps option from the bottom menu. Now Find uniswap or type in the search box and press enter.

Go to Uniswap.org, click Launch App and Connect your Trust wallet. After connecting your wallet to Uniswap, you can now begin trading tokens on the Uniswap official site.

Step 5: Swap Ethereum for BEST

First, decide which cryptocurrency you wish to exchange. Tokens can be found by name or address from CoinMarketCap. In our case, we want to buy Bitpanda Ecosystem Token (BEST) through Uniswap we will select BEST.

We wish to exchange ETH for Bitpanda Ecosystem Token. If you wish to trade a specific amount of ETH, put that amount into the ETH area. You can put a specified amount of BEST in the BEST amount area if you like.

The screen will show you the best possible rates in which your coin is going to be swapped. If you agree with the rate and amount, click Exchange, and you will be sent to a new window where you may check the specifics of your swap.

To proceed and complete the transfer, take a note of the fee as network fee and click swap. As soon as the trade is verified, BEST will appear in your wallet.



Conclusion

Choosing the best cryptocurrency platform for Bitpanda Ecosystem Token (BEST) might be a difficult task, there are various factors that one should consider before selecting a crypto exchange. These include the fees structure, security, exchange features, and whether it is based on fiat or crypto.
Remember, once you have shortlisted some exchanges, do your research on each of them to identify the most appropriate for you.




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