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How & Where to Buy Bytecoin A Step-by-Step Guide to Buying BCN

No exchanges offer Bytecoin BytecoinBCN for direct purchase using cash.

To buy Bytecoin, you will complete a simple three step process:

  1. Buy usdtUSDT or bitcoinBTC at a trusted crypto marketplace
  2. Send your newly purchased crypto to an exchange that supports BytecoinBCN
  3. Buy BytecoinBCN

This entire process above will take you less than an hour. Keep reading the simple to follow step-by-step instructions below.

  1. Step 1Trade Cash For Crypto If you already own USDT or BTC that you want to swap for BCN, you can skip this step and go directly to step two.

    If you don't currently own crypto, then the first step is to get some. In this step you will be buying some bitcoinUSDT or usdtBTC. You are buying USDT or Bitcoin because you can swap them directly for BytecoinBCN on most exchanges.

    Click the "Visit Binance.US" button below to sign up at Binance.US — our favorite place for beginners to make their first crypto purchase.

    • binance.us logo
      Ease of use
      Easy
      Time to 1st Buy
      24 hrs
      24h Volume
      $27,986,487
      Coins
      58

      Founded in 2019 as the USA-focused branch of the Binance family of exchanges, Binance.US supports trading in over 50 cryptocurrencies, and has the same industry standard low 0.1% fees as the original international Binance exchange. American users can buy crypto directly with a debit card, but Binance.US is not available in 7 states including New York & Texas.

    Complete the steps to register & verify your new Binance.US account & then purchase USDTUSDT or USDTBTC.

  2. STEP 2Send Crypto to BCN Exchange

    Now that you have USDTUSDT or btcBTC you need to send it to an exchange that supports BytecoinBCN.

    Listed below are our top-rated exchanges that support Bytecoin trading. All of the exchanges below are vetted by our editorial review process and have industry leading security and trading features. Sign up at one of the exchanges below, and then withdraw your USDTUSDT or btcBTC to the deposit address on this new exchange where you will trade for BytecoinBCN.

    Best Bytecoin (BCN) Exchanges

    • dxrS0XbM 400x400
      Ease of use
      Easy
      Time to 1st Buy
      1 hour
      24h Volume
      57333596.124667
      Coins
      126

      No exchange has seen such a rapid and prominent rise in recent times as crypto-only US-based exchange Gate.io. With rock-solid security, low trading fees, and a user-friendly platform, we can see why they’re popular, but what really attracts new users to the platform is the immense number of altcoins.

    After choosing one of the exchanges listed above, you will need to create an account. In some cases, the exchange will need some personal information like email address, phone number, name, address, and a copy of your government ID or passport.

    This is completely normal and all exchanges we list on this page have security in place to protect your personal info.

  3. Step 3Trade Crypto For Bytecoin (BCN)

    Now that you have USDTUSDT or btcBTC deposited into an exchange that supports BytecoinBCN trading, the last step is to trade your crypto for BytecoinBCN.

    To trade for BytecoinBCN you will navigate to the "markets" page in the navigation on most exchange websites. Once you are in the "markets" screen, you will search for "BCN".

    • If you bought USDTUSDT then select BCN / USDT
    • If you bought btcBTC then select BCN / BTC

    Making the Trade

    Now that you are on the trading screen, you will likely see a big price chart with red and green lines, and a bunch of very long numbers that are moving very fast. This can be intimidating, but what you are looking for is a box where you can input how much you want to buy and a big "Buy BCN" button. For this example, we will use Kucoin.

    buying BCN You are looking for the little box that has the buy button.
    (They really hide it don't they!)

    The exchange you sign up for in Step One may look different than the images shown here, but all exchanges use similar layout and terms.

    Completing Your Bytecoin Purchase

    After you find successfully locate the trading screen and the purchase interface within the BCN trading screen, you will create your order, trading either USDTUSDT or btcBTC. In the screenshot below, you have purchased USDT in Step One.

    1Select "Market" order type
    2Add your purchase amount
    3Click "Buy BCN"
    SNT market order

    Once you locate the "buy" input, select a "market" order and input the amount of USDTUSDT or btcBTC that you wish to spend. Once you are satisfied with your purchase amount, you will click "buy" and the trading platform will buy BytecoinBCN at the current market price. You don't have to worry about all the other numbers and lines on the screen unless you want to learn more about advanced trading.

    🎉 Congratulations! You are now the proud owner of BytecoinBCN.

Bytecoin Research Center

Bytecoin Technical Details & Statistics

Tokenomics
  • Market Rank562
  • Market Cap71,300,230
  • Circulating Supply184,066,828,814
  • Total Supply184,066,828,814 BCN
  • Max Supply184,470,000,000
Yesterday's Trading
  • 24 HR Volume57,954 USD
  • Yesterday's High / Low---
  • Yesterday's Open / Close---
  • Yesterday's Change---
All Time Performance
  • All Time High---
  • All Time Low---

What is Bytecoin

One of the older cryptocurrencies to still enjoy a high degree of popularity, Bytecoin (BCN) is a peer to peer, open source, decentralized cryptocurrency which allows instant money transfers across the globe and safe, secure transactions online. It is the first cryptocurrency to employ CryptoNote technology which was designed for anonymous cash settlements. Being developed entirely separate from bitcoin (not a fork), it uses a uniquely structured blockchain

History of Bytecoin

Though it had been around since 2012, the CryptoNote software architecture was completely rewritten in C++ in 2013, enhancing the security of its protocol, which received multiple updates, including the potential for multi-signature transactions. Bytecoin was released to the public in 2014 as the first implementation of the CryptoNote protocol, which was later adopted by several leading currencies, including Monero. In March 2015, Bytecoin announced the roadmap for several major future upgrades and releases.

How Bytecoin Works

Similar to bitcoin, Bytecoin transactions are carried out using the Bytecoin network where all network participants validate transactions; the difference being in Bytecoin that transaction are validated without ever knowing identifiable information about the sender. Bytecoin utilizes a technology known as CryptoNight for securing its transactions. CryptoNight technology is the predecessor to Ring Signature technology as employed in Monero, and masks sender information by grouping it with other concurrent senders to obfuscate a recipient’s source of funds.

Why Bytecoin?

Bytecoin is one of the earliest coins in circulation and has many reliable features that have contributed to its persistence.

  • Fee-free instant international payments: As the transactions takes place without any intermediary and directly between two parties, there are no charges or fees for these transactions. Moreover, everything is done “as fast as the internet,” so transactions are speedy, generally taking only a few seconds for a transaction to receive a confirmation.
  • Untraceable payments: Ring Signatures (CryptoNight), instead of ordinary digital signatures, not only enhances the security of transactions but also gives true anonymity to the parties involved. Moreover, using pseudo-random numbers, users can be kept truly anonymous.
  • Safe wallet design: Bytecoin is blockchain analysis-resistant which means it is almost impossible to get identifiable data from a captured block using reverse engineering. The cryptography (CryptoNote) itself is ultra-safe, with supercomputer-like computational power needed to break down the data. Thus, wallets are deemed safe and coins within them secured.
  • Total Privacy: Bytecoin ensures that the revelation of user identity and transaction details are completely optional. Users are free to disclose this data only when they wish.
  • Your private data is safe: The Bytecoin network ensures that it is impossible to get information about financial operations within a wallet’s balance, unless a user decides to reveal them. Only wallet users can manage information that their business partners and third parties will see.
  • Democratic Network Architecture: Bytecoin utilizes a novel Proof of Work (POW) protocol to validate transactions and ownership which also allows the users to vote, leading to a consensus based model.