A Step-by-Step-Guide on how to buy BitWhite (BTW)
Step 1 – Join CEX.io In the beginning you'll need to purchase one of the bigger coins. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Follow the Link below to register and getting your Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Send Your ETH (Ethereum) or BTC (Bitcoin) to an Exchange Your Bitcoin or Ethereum will need to be sent over to an Exchange now. All exchanges have a deposit form that is alike. BitWhite (BTW) is accessible on Binance, so we're going to use that as an example. Not sure on how to send funds from Coinbase to an Exchange? (Just follow these easy steps) Make sure you've selected the exact coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etcetera. In the case you're using a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our manual).
Step 3 – Locate BitWhite (BTW) Once your deposit has been approved, you will now have access to your finances and you can start purchasing and trading. To buy BitWhite (BTW) on Binance, you will want to hover over the ”Exchange” tab and after that click on “Basic”. To discover BitWhite (BTW), you will need to insert the cointype (BTW) into the search box, which is marked in the picture. Make sure you have selected the proper grouping, we've marked this also. Click on “BTW/BTC” to continue.
Step 4 – Purchasing BitWhite (BTW) As soon as you have spotted BitWhite (BTW), you will be presented with a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). For now we are making our Limit Order. The ”Price” field will be filled automatically with the latest price BitWhite (BTW) was traded for. You can change this to your favoured rate. The field with the “Amount” tag is the quantity of BTW you like to buy. The ”Total” field is the whole price in BTC that you'll pay for the complete quantity of BTW. When you're satisfied, click on “Buy BTW”. Your order will be filled as soon as a Vendor sells their BTW for the price you submitted.
Step 5 – Withdraw BitWhite (BTW) Unless you are frequently trading, best advise is not to keep your coins on an Cryptocurrency Exchange for an extended period of time. To take off your BitWhite (BTW), go to the tab called “Funds” and mouse click on “Withdraw”. BitWhite (BTW) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate BitWhite (BTW) by using the provided drop-down box. Put into the volumen of BitWhite (BTW) you would like to take off. Take into account the displayed minimus/fees. Also make sure you have filled your right withdraw address. When you are satisfied, make a mouse click on “Submit”. You may be asked for phone/email verification ahead of a take off.