A Step-by-Step-Guide on how to buy iBTC (IBTC)
Step 1 – Join Coinbase and recieve 10$ for free You will first need to purchase units of the top-tier coins. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Click below to register and getting your first 10$.
Step 2 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Cryptocurrency Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. iBTC (IBTC) is available on Binance, so we're going to use that as an sample. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow these easy steps) Make sure you have selected the correct coin you want to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so on. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our guide).
Step 3 – Locate (IBTC) iBTC As soon as your deposit has been affirmed, you will instantly have access to your funds and you can start purchasing and trading. To purchase (IBTC) iBTC on Binance, you will want to go to the ”Exchange” tab and after that click on “Basic”. To discover (IBTC) iBTC, you will need to insert the shortname of the coin (IBTC) into the search-box, which is marked in the image. Make sure you have selected the right grouping, we have marked this too. Click on “IBTC/BTC” to proceed.
Step 4 – Acquisition of (IBTC) iBTC After you've located (IBTC) iBTC, you will be given a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). For now we are going to create our Limit Order. The ”Price” field will be automatically filled with the most up-to-date price (IBTC) iBTC was sold for. You can change this to your desired rate. The field with the “Amount” tag is the quantity of IBTC you wish to purchase. The field with the “Total” tag is the total price in Bitcoin that you will settle for the complete quantity of IBTC. If you are satisfied, make a mouse click on “Buy IBTC”. Your plan will be filled as soon as a Vender trades their IBTC for the price you gave.
Step 5 – Withdraw (IBTC) iBTC Unless you are frequently trading, best advise is not to keep your crypto on an Cryptocurrency Exchange for an extended time frame. To take off your (IBTC) iBTC, hover over the tab called “Funds” and mouse click on “Withdraw”. (IBTC) iBTC can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find (IBTC) iBTC by using the given drop-down box. Enter the quantity of (IBTC) iBTC you'd like to take off. Don't forget the demonstrated fees/minimums. Also make sure you have entered your precise withdraw address. When you are happy, click “Submit”. You may be requested for phone/email verification before a withdrawal.