A Step-by-Step-Guide on how to buy BitTorrent (BTT)
Step 1 – Signup to CEX.io You will first need to purchase units of the bigger coins. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Follow the Link below for registration and receive your Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Transmit Your BTC (Bitcoin) or ETH (Ethereum) to an Exchange Your Ethereum or Bitcoin has to be sent over to an Exchange now. All exchanges have a deposit form that is alike. BitTorrent (BTT) is obtainable on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Exchange? (Follow this how-to) Make sure you've selected the correct coin you wish to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so forth. In the case you are using a decentralized exchange, such as Airswap or DDEX could be different (Follow our guide).
Step 3 – Find (BTT) BitTorrent As soon as your deposit has been verified, you'll instantly have access to your funds and you can commence invest and trading. To purchase (BTT) BitTorrent on Binance, you'll want to go to the tab which is called “Exchange” and then mouse click on “Basic”. To spot (BTT) BitTorrent, you'll need to insert the cointype (BTT) into the search box, which is marked in the picture. Make sure you have choosen the correct pairing, we have marked this also. Click on “BTT/BTC” to go on.
Step 4 – Purchasing BitTorrent (BTT) Once you've located BitTorrent (BTT), you will be given a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). And now we're making our Limit Order. The ”Price” field will be filled automatically with the up-to-date rate BitTorrent (BTT) was traded for. This can be changed to your preferred rate. The field with the “Amount” tag is the volumen of BTT you want to buy. The ”Total” field is the total price in BTC that you'll settle for the whole volumen of BTT. If you're happy, make a mouse click on “Buy BTT”. Your order will be filled as soon as a Seller sells their BTT for the price you introduced.
Step 5 – Withdraw BitTorrent (BTT) Unless you're regularly trading, never keep your crypto coins on an Cryptocurrency Exchange for an extensive time period. To take off your BitTorrent (BTT), go to the tab called “Funds” and mouse click on “Withdraw”. BitTorrent (BTT) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find BitTorrent (BTT) by using the provided drop-down box. Put into the volumen of BitTorrent (BTT) you'd like to take off. Don't forget the shown fees/minimums. Also make sure you have entered your right withdraw address. When you're happy, click on “Submit”. You may be requested for verfication via email/phone ahead of a withdrawal.