A Step-by-Step-Guide on how to buy iBTC (IBTC)
Step 1 – Signup to CEX.io You will first need to purchase units of the bigger coins. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Click below to register and getting your Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Send Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Trader Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. iBTC (IBTC) is available on Binance, so we will use that as an sample. Unsure on how to send Coinbase funds to an Crypto Trader? (Just follow these easy steps) Make sure you've selected the right coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so on. In the case you are dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our guide).
Step 3 – Locate iBTC (IBTC) Once your deposit has been verified, you will now have access to your assets and you can begin buying and trading. To buy iBTC (IBTC) on Binance, you will want to hover over the tab which is called “Exchange” and after that mouse click on “Basic”. To discover iBTC (IBTC), you will need to put the short name of the asset (IBTC) into the search box, which is marked in the picture. Make sure you have selected the correct grouping, we have marked this also. Click on “IBTC/BTC” to progress.
Step 4 – Buy iBTC (IBTC) After you have found iBTC (IBTC), you'll be given a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the image). Next we are going to make our own Limit Order. The field with the “Price” tag will be filled with the recent valuation iBTC (IBTC) was sold for. This can be changed to your preferred price. The ”Amount” field is the volumen of IBTC you want to buy. The ”Total” field is the whole price in BTC that you'll pay for the whole volumen of IBTC. When you're satisfied, click on “Buy IBTC”. Your plan will be filled when a Vender trades their IBTC for the price you introduced.
Step 5 – Withdraw iBTC (IBTC) Unless you are trading, you should never keepyour coins on an Crypto Exchange for an extensive time frame. In order to withdraw your iBTC (IBTC), go to the tab called “Funds” and click on “Withdraw”. iBTC (IBTC) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate iBTC (IBTC) by using the given drop-down box. Put into the quantity of iBTC (IBTC) you would wish to withdraw. Take into account the demonstrated minimus/fees. Also make sure you have entered your precise withdraw address. If you are happy, click “Submit”. You could be requested for phone/email verification before a withdrawal.