A Step-by-Step-Guide on how to buy cWBTC (CWBTC)
Step 1 – Join CEX.io You will first need to buy units of the bigger coins. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Follow the Link below to register and getting your ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Cryptocurrency Exchange Your Bitcoin or Ethereum will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. cWBTC (CWBTC) is available on Binance, so we're going to use that as an illustration. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this manual) Make sure you have chosen the correct coin you wish to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, et cetera. If you're working with a decentralized exchange, like Airswap or DDEX could be different (Just follow our manual).
Step 3 – Find (CWBTC) cWBTC As soon as your deposit has been confirmed, you will now have access to your assets and you can initiate buying and trading. To buy (CWBTC) cWBTC on Binance, you will want to go to the tab which is called “Exchange” and then click on “Basic”. In order to discover (CWBTC) cWBTC, you will need to insert the short name of the asset (CWBTC) into the search box, which is highlighted in the image. Make sure you have selected the correct pairing, we have highlighted this also. Click on “CWBTC/BTC” to advance.
Step 4 – Buying cWBTC (CWBTC) As soon as you have discovered cWBTC (CWBTC), you'll be presented with a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the image). And now we're making our Limit Order. The field with the “Price” tag will be automatically filled with the recent tariff cWBTC (CWBTC) was traded for. You can change this to your desired price. The field with the “Amount” tag is the quantity of CWBTC you like to purchase. The field with the “Total” tag is the aggregated price in Bitcoin that you will settle for the whole quantity of CWBTC. If you're glad, make a mouse click on “Buy CWBTC”. Your order will be filled as soon as a Vendor trades their CWBTC for the price you offered.
Step 5 – Withdraw (CWBTC) cWBTC Unless you are regularly trading, never keep your coins on an Exchange for an extended time frame. To withdraw your (CWBTC) cWBTC, go to the ”Funds” tab and click on “Withdraw”. (CWBTC) cWBTC can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find (CWBTC) cWBTC by using the provided drop-down box. Put into the volumen of (CWBTC) cWBTC you would like to withdraw. Don't forget the shown fees/minimums. Also make sure you have filled your right withdraw address. When you are satisfied, click on “Submit”. You may be requested for verfication via phone/email ahead of a take off.