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How to Buy cWBTC (CWBTC)

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).

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

Your Ethereum or Bitcoin has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is similar. cWBTC (CWBTC) is obtainable on Binance, so we're going to use that as an sample. Unsure on how to send Coinbase funds to an Exchange? (Just follow this guide)

Make sure you have selected the exact coin you wish to deposit.

BTC must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, and so on. In the case you are using a decentralized exchange, like Airswap or DDEX could be unlike (Follow our manual).

Step 3 – Locate cWBTC (CWBTC)

As soon as your deposit has been affirmed, you'll directly have access to your assets and you can commence purchasing and trading. To buy cWBTC (CWBTC) on Binance, you will want to hover over the ”Exchange” tab and then click on “Basic”.

To locate cWBTC (CWBTC), you'll need to put the short name of the asset (CWBTC) into the search-box, which is marked in the graphic. Be certain of having selected the correct grouping, we have marked this also. Click on “CWBTC/BTC” to proceed.

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

Once you have discovered cWBTC (CWBTC), you will be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the image). Next we are creating our own Limit Order.

The field with the “Price” tag will be filled automatically with the most up-to-date tariff cWBTC (CWBTC) was sold for. You can change this to your preferred price. The ”Amount” field is the volumen of CWBTC you like to purchase. The ”Total” field is the whole price in BTC that you'll settle for the complete quantity of CWBTC.

If you are happy, make a mouse click on “Buy CWBTC”. Your plan will be filled when a Vender trades their CWBTC for the price you introduced.

Step 5 – Withdraw cWBTC (CWBTC)

Unless you are frequently trading, best advise is not to keep your crypto coins on an Exchange for an extensive time period. In order to withdraw your cWBTC (CWBTC), go to the ”Funds” tab 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 provided drop-down box. Enter the quantity of cWBTC (CWBTC) you would like to withdraw. Take into account the displayed fees/minimums. Also make sure you have filled your correct withdraw address.

If you're happy, make a mouse click on “Submit”. You could be asked for phone/email verification ahead of a withdrawal.

Congrats! You've successfully bought and safed cWBTC (CWBTC).

That's it!

Withdrawals from Cryptocurrency Exchange can durate anywhere from 1 – 30 minutes (depending on network usage). Once you have proved your withdrawal using Etherscan.io or Ethplorer.io and the cWBTC (CWBTC) is stored inside your wallet, you're finished.

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