A Step-by-Step-Guide on how to buy CUTcoin (CUT)
Step 1 – Signup to CEX.io In the beginning you'll need to buy units of the bigger coins. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Follow the Link below to register and to get your Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Transmit Your Ethereum (ETH) or Bitcoin (BTC) to an Exchange Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is similar. CUTcoin (CUT) is available on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Exchange? (Just follow this guide) Make sure you have chosen the right coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etcetera. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our how-to).
Step 3 – Find CUTcoin (CUT) As soon as your deposit has been affirmed, you'll directly have access to your finances and you can begin invest and trading. To purchase CUTcoin (CUT) on Binance, you will want to go to the ”Exchange” tab and then mouse click on “Basic”. To locate CUTcoin (CUT), you'll need to insert the cointype (CUT) into the search box, which is marked in the graphic. Be certain of having choosen the right pairing, we've marked this too. Click on “CUT/BTC” to advance.
Step 4 – Purchase CUTcoin (CUT) Once you've found CUTcoin (CUT), you'll be presented with a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). For now we are going to make our own Limit Order. The ”Price” field will be filled automatically with the most latest valuation CUTcoin (CUT) was traded for. This can be changed to your preferred rate. The ”Amount” field is the volumen of CUT you wish to purchase. The ”Total” field is the total price in BTC that you will pay for the whole quantity of CUT. When you're glad, click on “Buy CUT”. Your plan will be filled when a Vender sells their CUT for the price you gave.
Step 5 – Withdraw CUTcoin (CUT) Unless you're regularly trading, best advise is not to keep your crypto coins on an Exchange for an extensive period of time. To withdraw your CUTcoin (CUT), go to the ”Funds” tab and mouse click on “Withdraw”. CUTcoin (CUT) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find CUTcoin (CUT) by using the provided drop-down box. Enter the quantity of CUTcoin (CUT) you'd wish to take off. Don't forget the demonstrated minimus/fees. Also make sure you have entered your precise withdraw address. When you are happy, click on “Submit”. You could be requested for email/phone verification ahead of a withdrawal.