A Step-by-Step-Guide on how to buy ClassicBitcoin (CBTC)
Step 1 – Join Coinbase – Get Free $10 You'll first need to purchase units of the bigger coins. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Click the button below to register and to get your first 10$.
Step 2 – Transfer Your Bitcoin or Ethereum to an Cryptocurrency Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. ClassicBitcoin (CBTC) is obtainable on Binance, so we will use that as an sample. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow these easy steps) Make sure you have chosen the correct coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etc. If you are using a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our guide).
Step 3 – Locate (CBTC) ClassicBitcoin Once your deposit has been affirmed, you will directly have access to your assets and you can launch buying and trading. To purchase (CBTC) ClassicBitcoin on Binance, you will want to go to the ”Exchange” tab and after that mouse click on “Basic”. In order to locate (CBTC) ClassicBitcoin, you will need to insert the cointype (CBTC) into the search box, which is marked in the picture. Make sure you have choosen the right pairing, we have marked this too. Click on “CBTC/BTC” to go on.
Step 4 – Buying (CBTC) ClassicBitcoin Once you've located (CBTC) ClassicBitcoin, you'll be presented with a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). For now we are going to create our Limit Order. The ”Price” field will be filled automatically with the up-to-date price (CBTC) ClassicBitcoin was traded for. You can change this to your preferred price. The field with the “Amount” tag is the volumen of CBTC you wish to purchase. The field with the “Total” tag is the whole price in BTC that you will pay for the complete volumen of CBTC. When you're satisfied, make a mouse click on “Buy CBTC”. Your plan will be filled when a Seller trades their CBTC for the price you introduced.
Step 5 – Withdraw ClassicBitcoin (CBTC) Unless you're frequently trading, best advise is not to keep your coins on an Crypto Trader for an extensive time period. To withdraw your ClassicBitcoin (CBTC), go to the ”Funds” tab and click on “Withdraw”. ClassicBitcoin (CBTC) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate ClassicBitcoin (CBTC) by using the given drop-down box. Enter the volumen of ClassicBitcoin (CBTC) you would like to withdraw. Don't forget the demonstrated fees/minimums. Also make sure you have filled your correct withdraw address. When you're satisfied, click “Submit”. You could be asked for email/phone verification before a withdrawal.