For those of you not being used to trading cryptocurrencies on exchanges yet, here’s a step-by-step walkthrough of how to buy or sell Banano on txbit. You might also find this previous how-to explaining all steps at Mercatox helpful.
The direct trading pairs of Banano (BAN) on txbit.io are Bitcoin (BTC), Ethereum (ETH) and Solaris (XLR).
(Note: Mercatox Banano trading pairs currently are BTC and NANO.
So if you plan to buy Banano (BAN) at txbit.io, you either need to deposit one of the Base Market coins (BTC, ETH, XLR) directly and buy BAN, or you also could deposit other coins like NOS to txbit. In this case you would then first trade your NOS to BTC and afterwards your BTC to BAN, for example.
Now here’s some step-by-step examples of how to trade at txbit and buy Banano:
First, go to txbit.io and create an account (SIGNUP button). If you already have one, log in.
After confirming your email address and logging into your account, find the “WALLETS” button at the top:
Then you’ll see a lot of empty wallets, for example also your Nano, Nollar and Nos wallets:
Let’s say we want to deposit NOS (XNOS) and sell it for BTC to buy Banano. To do this, just find the button “DEPOSIT” for NOS:
Next, click “Generate address” and send NOS from your wallet to this address. Double check that everything is correct before sending. Ideally try this with a small amount first.
After a few minutes (in this case it took less than 10 secs) your deposit should arrive and show up in your NOS wallet:Continue reading