A Step-by-Step-Guide on how to buy cETH (CETH)
Step 1 – Signup to CEX.io In the beginning you'll need to purchase units of the major coins. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Follow the Link below for registration and receive your BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Transmit Your Funds to an Exchange Your Bitcoin or Ethereum will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is alike. cETH (CETH) is accessible on Binance, so we will use that as an sample. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this how-to) Make sure you've selected the precise coin you would like to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, and so forth. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our manual).
Step 3 – Locate cETH (CETH) Once your deposit has been confirmed, you will immediately have access to your funds and you can start invest and trading. To buy cETH (CETH) on Binance, you'll want to hover over the ”Exchange” tab and then mouse click on “Basic”. In order to spot cETH (CETH), you will need to insert the short name of the asset (CETH) into the search-box, which is marked in the image. Be certain of having selected the right pairing, we've marked this too. Click on “CETH/BTC” to go on.
Step 4 – Purchasing cETH (CETH) After you have located cETH (CETH), you will be presented with a Price Chart (in the Center of the image) and some Order Books (Leftside of the picture). And now we're making our own Limit Order. The ”Price” field will be filled automatically with the most latest tariff cETH (CETH) was traded for. This can be changed to your preferred rate. The field with the “Amount” tag is the quantity of CETH you want to buy. The field with the “Total” tag is the whole price in BTC that you'll settle for the whole quantity of CETH. When you're glad, make a mouse click on “Buy CETH”. Your plan will be filled as soon as a Vender trades their CETH for the price you submitted.
Step 5 – Withdraw cETH (CETH) Unless you are frequently trading, best advise is not to keep your crypto on an Crypto Trader for an extensive time period. In order to withdraw your cETH (CETH), go to the ”Funds” tab and click on “Withdraw”. cETH (CETH) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find cETH (CETH) by using the given drop-down box. Enter the amount of cETH (CETH) you'd like to withdraw. Take into account the displayed fees/minimums. Also make sure you have filled your right withdraw address. When you're happy, make a mouse click on “Submit”. You could be requested for email/phone verification ahead of a withdrawal.