A Step-by-Step-Guide on how to buy Cloudbit Token (CDB)
Step 1 – Signup to Coinbase and recieve 10$ for free You will first need to purchase one of the major coins. Exchanges commonly accept either Bitcoin or Ethereum in exchange for alternative Coins. Click below for registration and receive your welcome 10 Dollar.
Step 2 – Transmit Your Bitcoin or Ethereum to an Crypto Trader Your Bitcoin or Ethereum has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is alike. Cloudbit Token (CDB) is accessible on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Crypto Trader? (Follow this manual) Make sure you have selected the right coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etc. If you're working with a decentralized exchange, such as Airswap or DDEX could be different (Follow our how-to).
Step 3 – Locate Cloudbit Token (CDB) Once your deposit has been affirmed, you will directly have access to your finances and you can begin purchasing and trading. To purchase Cloudbit Token (CDB) on Binance, you will want to go to the ”Exchange” tab and click on “Basic”. In order to discover Cloudbit Token (CDB), you will need to insert the shortname of the coin (CDB) into the search box, which is highlighted in the graphic. Make sure you have choosen the proper pairing, we've highlighted this too. Click on “CDB/BTC” to continue.
Step 4 – Purchasing (CDB) Cloudbit Token As soon as you've located (CDB) Cloudbit Token, you'll be presented with a Price Chart (in the Center of the picture) and some Order Books (on the Left of the picture). For now we're making our own Limit Order. The field with the “Price” tag will be filled automatically with the most latest price (CDB) Cloudbit Token was traded for. This can be changed to your favoured price. The field with the “Amount” tag is the quantity of CDB you want to buy. The ”Total” field is the aggregated price in BTC that you'll pay for the whole quantity of CDB. When you're happy, click on “Buy CDB”. Your plan will be filled as soon as a Vender sells their CDB for the price you gave.
Step 5 – Withdraw (CDB) Cloudbit Token Unless you are frequently trading, best advise is not to keep crypto on an Cryptocurrency Exchange for an extended time period. To withdraw your (CDB) Cloudbit Token, hover over the tab called “Funds” and mouse click on “Withdraw”. (CDB) Cloudbit Token can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find (CDB) Cloudbit Token by using the given drop-down box. Enter the volumen of (CDB) Cloudbit Token you'd like to withdraw. Take into account the presented fees/minimums. Also make sure you have entered your correct withdraw address. When you are happy, click on “Submit”. You could be requested for verfication via email/phone before a take off.