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How to Buy cWBTC (CWBTC)

A Step-by-Step-Guide on how to buy cWBTC (CWBTC)

Step 1 – Signup to Coinbase and get 10$ for free

You'll first need to buy one of the bigger currencies. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Click the button below for registration and receive your welcome 10 Dollar.

Binance Signup
Step 2 – Transmit Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Trader

Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. cWBTC (CWBTC) 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 Crypto Trader? (Follow these easy steps)

Make sure you've selected the correct coin you want to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etcetera. In the case you are using a decentralized exchange, like Airswap or DDEX could be opposed (Follow these easy steps).

Step 3 – Find cWBTC (CWBTC)

As soon as your deposit has been approved, you'll instantly have access to your assets and you can begin purchasing and trading. To invest in cWBTC (CWBTC) on Binance, you'll want to go to the ”Exchange” tab and after that click on “Basic”.

In order to find cWBTC (CWBTC), you'll need to put the cointype (CWBTC) into the search box, which is marked in the image. Make sure you have choosen the right grouping, we've marked this too. Click on “CWBTC/BTC” to progress.

{How to buy Coin on Binance 1|Binance How To Buy 1} cWBTC (CWBTC)
Step 4 – Purchase (CWBTC) cWBTC

Once you have spotted (CWBTC) cWBTC, you'll be presented with a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). Next we are going to make our own Limit Order.

The field with the “Price” tag will be filled with the most latest rate (CWBTC) cWBTC was sold for. You can change this to your preferred rate. The field with the “Amount” tag is the volumen of CWBTC you like to buy. The field with the “Total” tag is the total price in BTC that you'll pay for the whole volumen of CWBTC.

When you're glad, make a mouse click on “Buy CWBTC”. Your plan will be filled when a Seller trades their CWBTC for the price you gave.

Step 5 – Withdraw cWBTC (CWBTC)

Unless you're frequently trading, best advise is not to keep your crypto on an Crypto Trader for an extended time frame. In order to take off your cWBTC (CWBTC), hover over the tab called “Funds” and click on “Withdraw”. cWBTC (CWBTC) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find cWBTC (CWBTC) by using the given drop-down box. Enter the amount of cWBTC (CWBTC) you'd wish to take off. Take into account the shown fees/minimums. Also make sure you have entered your precise withdraw address.

If you're happy, click on “Submit”. You may be asked for email/phone verification ahead of a take off.

Congrats! You have successfully bought and stored cWBTC (CWBTC).

That's it!

Withdrawals from Exchange can take between 1 – 30 minutes (rely on network usage). As soon as you have confirmed your take off with Etherscan.io or Ethplorer.io and the cWBTC (CWBTC) is safe inside your wallet, you're finished.