A Step-by-Step-Guide on how to buy cWBTC (CWBTC)
Step 1 – Signup to CEX.io In the beginning you'll need to buy units of the top-tier currencies. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Follow the Link below to register and receive your Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Send Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is alike. cWBTC (CWBTC) is accessible on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Crypto Exchange? (Just follow this how-to) Make sure you have chosen the right coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so forth. If you are working with a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our how-to).
Step 3 – Find cWBTC (CWBTC) Once your deposit has been approved, you'll immediately have access to your finances and you can launch buying and trading. To buy cWBTC (CWBTC) on Binance, you'll want to go to the tab which is called “Exchange” and mouse click on “Basic”. To spot cWBTC (CWBTC), you'll need to put the shortname of the coin (CWBTC) into the search box, which is highlighted in the graphic. Be certain of having selected the proper pairing, we have highlighted this also. Click on “CWBTC/BTC” to continue.
Step 4 – Buying cWBTC (CWBTC) After you have spotted cWBTC (CWBTC), you'll be given a Price Chart (in the Center of the image) and some Order Books (on the Left of the image). And now we are creating our own Limit Order. The ”Price” field will be automatically filled with the most recent price cWBTC (CWBTC) was traded for. You can change this to your desired price. The ”Amount” field is the volumen of CWBTC you want to purchase. The field with the “Total” tag is the aggregated price in Bitcoin that you'll pay for the whole volumen of CWBTC. If you're glad, click on “Buy CWBTC”. Your order will be filled when a Vendor trades their CWBTC for the price you offered.
Step 5 – Withdraw cWBTC (CWBTC) Unless you are trading, you should never keepyour crypto on an Cryptocurrency Exchange for an extended time period. In order to take off your cWBTC (CWBTC), go to the ”Funds” tab and click on “Withdraw”. cWBTC (CWBTC) can be stored safely using a Wallet, for example 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 take off. Don't forget the displayed minimus/fees. Also make sure you have filled your correct withdraw address. If you are satisfied, make a mouse click on “Submit”. You could be requested for email/phone verification ahead of a take off.