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How to Buy CNY Tether (CNYT)

A Step-by-Step-Guide on how to buy CNY Tether (CNYT)

Step 1 – Join Coinbase – Get Free $10

You'll first need to buy units of the bigger coins. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Click the button below for registration and to get your welcome $10.

Binance Signup
Step 2 – Send Your Ethereum (ETH) or Bitcoin (BTC) to an Exchange

Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Exchange now. Every exchange has a deposit form that is similar. CNY Tether (CNYT) is available on Binance, so we're going to use that as an sample. Not sure on how to send funds from Coinbase to an Exchange? (Follow this manual)

Make sure you've selected the precise coin you wish to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so on. If you are using a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our manual).

Step 3 – Locate (CNYT) CNY Tether

As soon as your deposit has been verified, you will instantly have access to your assets and you can launch purchasing and trading. To invest in (CNYT) CNY Tether on Binance, you will want to hover over the ”Exchange” tab and then click on “Basic”.

To discover (CNYT) CNY Tether, you will need to insert the shortname of the coin (CNYT) into the search-box, which is highlighted in the picture. Be certain of having choosen the correct pairing, we've highlighted this too. Click on “CNYT/BTC” to go on.

{How to buy Coin on Binance 1|Binance How To Buy 1} CNY Tether (CNYT)
Step 4 – Purchase CNY Tether (CNYT)

As soon as you've spotted CNY Tether (CNYT), you will be presented with a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). And now we are making our Limit Order.

The ”Price” field will be filled automatically with the up-to-date rate CNY Tether (CNYT) was sold for. You can change this to your desired rate. The ”Amount” field is the quantity of CNYT you want to purchase. The ”Total” field is the aggregated price in BTC that you'll settle for the complete quantity of CNYT.

If you are satisfied, click on “Buy CNYT”. Your plan will be filled when a Vender sells their CNYT for the price you gave.

Step 5 – Withdraw (CNYT) CNY Tether

Unless you're regularly trading, you should never keepyour crypto on an Exchange for an longer time frame. To take off your (CNYT) CNY Tether, hover over the tab called “Funds” and click on “Withdraw”. (CNYT) CNY Tether can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (CNYT) CNY Tether by using the provided drop-down box. Enter the quantity of (CNYT) CNY Tether you'd wish to take off. Take into account the presented fees/minimums. Also make sure you have entered your right withdraw address.

If you're happy, make a mouse click on “Submit”. You may be requested for verfication via email/phone ahead of a take off.

Congratulations! You've successfully bought and safed CNY Tether (CNYT).

That's it!

Take offs from Cryptocurrency Exchange can durate anywhere from 1 – 30 minutes (rely on network usage). Once you've proved your withdrawal with Etherscan.io or Ethplorer.io and the CNY Tether (CNYT) is safe in your wallet, you're done.