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How to Buy iBTC (IBTC)

A Step-by-Step-Guide on how to buy iBTC (IBTC)

Step 1 – Signup to CEX.io

You will first need to purchase one of the major coins. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Click below to register and receive your Ethereum (ETH) or Bitcoin (BTC).

Binance Signup
Step 2 – Transmit Your Bitcoin or Ethereum to an Cryptocurrency Exchange

Your Ethereum or Bitcoin will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. iBTC (IBTC) is obtainable on Binance, so we're going to use that as an example. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this guide)

Make sure you've chosen the precise coin you would like to deposit.

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etcetera. If you're using a decentralized exchange, like Airswap or DDEX could be different (Follow these easy steps).

Step 3 – Locate iBTC (IBTC)

As soon as your deposit has been verified, you will now have access to your assets and you can start purchasing and trading. To purchase iBTC (IBTC) on Binance, you will want to go to the tab which is called “Exchange” and mouse click on “Basic”.

To spot iBTC (IBTC), you will need to insert the cointype (IBTC) into the search box, which is marked in the graphic. Be certain of having selected the proper pairing, we've marked this also. Click on “IBTC/BTC” to go ahead.

{How to buy Coin on Binance 1|Binance How To Buy 1} iBTC (IBTC)
Step 4 – Acquisition of (IBTC) iBTC

After you've discovered (IBTC) iBTC, you'll be given a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). Next we are creating our own Limit Order.

The ”Price” field will be automatically filled with the most up-to-date tariff (IBTC) iBTC was sold for. You can change this to your preferred rate. The field with the “Amount” tag is the amount of IBTC you like to buy. The field with the “Total” tag is the whole price in Bitcoin that you will settle for the whole amount of IBTC.

If you're glad, make a mouse click on “Buy IBTC”. Your order will be filled when a Vender sells their IBTC for the price you submitted.

Step 5 – Withdraw iBTC (IBTC)

Unless you are regularly trading, best advise is not to keep crypto coins on an Exchange for an extensive time period. To take off your iBTC (IBTC), go to the ”Funds” tab and click on “Withdraw”. iBTC (IBTC) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find iBTC (IBTC) by using the provided 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 filled your precise withdraw address.

When you are satisfied, click “Submit”. You could be requested for verfication via email/phone ahead of a take off.

Congrats! You have successfully bought and stored (IBTC) iBTC.

That's it!

Take offs from Cryptocurrency Exchange can durate anywhere from 1 – 30 minutes (rely on network usage). As soon as you've confirmed your withdrawal with Etherscan.io or Ethplorer.io and the (IBTC) iBTC is safe in your wallet, you're all done.