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 – Transfer Your Bitcoin or Ethereum to an Crypto Trader Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is similar. CUTcoin (CUT) is obtainable on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Crypto Trader? (Just follow this how-to) Make sure you've chosen the precise 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 unlike (Just follow our how-to).
Step 3 – Find CUTcoin (CUT) Once your deposit has been approved, you'll directly have access to your funds and you can begin invest and trading. To purchase CUTcoin (CUT) on Binance, you'll want to hover over the ”Exchange” tab and click on “Basic”. In order to locate CUTcoin (CUT), you'll need to put the cointype (CUT) into the search box, which is highlighted in the graphic. Be certain of having choosen the right grouping, we have highlighted this also. Click on “CUT/BTC” to go on.
Step 4 – Buy CUTcoin (CUT) Once you've discovered CUTcoin (CUT), you will be presented with a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the image). Next we're making our own Limit Order. The ”Price” field will be filled with the recent price CUTcoin (CUT) was sold for. You can change this to your desired price. The ”Amount” field is the quantity of CUT you like to buy. The field with the “Total” tag is the whole price in BTC that you'll pay for the complete quantity of CUT. When you're satisfied, click on “Buy CUT”. Your order will be filled as soon as a Seller trades their CUT for the price you introduced.
Step 5 – Withdraw CUTcoin (CUT) Unless you're regularly trading, you should never keepyour coins on an Crypto Exchange for an extensive time period. To withdraw your CUTcoin (CUT), go to the ”Funds” tab and click on “Withdraw”. CUTcoin (CUT) can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate CUTcoin (CUT) by using the provided drop-down box. Put into the volumen of CUTcoin (CUT) you'd wish to withdraw. Take into account the displayed fees/minimums. Also make sure you have filled your right withdraw address. If you're satisfied, make a mouse click on “Submit”. You may be requested for verfication via phone/email ahead of a withdrawal.