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How to Buy sBTC (SBTC)

A Step-by-Step-Guide on how to buy sBTC (SBTC)

Step 1 – Join CEX.io

You'll first need to purchase one of the top-tier coins. Exchanges normally accept either Bitcoin or Ethereum in exchange for alternative Coins. Follow the Link below to register and receive your Bitcoin or Ethereum.

Binance Signup
Step 2 – Transmit Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Trader

Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Exchange now. Every exchange has a deposit form that is alike. sBTC (SBTC) is accessible on Binance, so we're going to use that as an sample. Not sure on how to send Coinbase funds to an Exchange? (Follow this guide)

Make sure you have selected the exact coin you would like to deposit.

BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, et cetera. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Follow these easy steps).

Step 3 – Find sBTC (SBTC)

As soon as your deposit has been affirmed, you'll directly have access to your assets and you can commence invest and trading. To buy sBTC (SBTC) on Binance, you will want to hover over the tab which is called “Exchange” and then mouse click on “Basic”.

In order to find sBTC (SBTC), you'll need to put the short name of the asset (SBTC) into the search box, which is highlighted in the graphic. Make sure you have choosen the correct pairing, we have highlighted this too. Click on “SBTC/BTC” to advance.

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

After you have spotted sBTC (SBTC), you will be given a Price Chart (in the Center of the image) and a few Order Books (Leftside of the picture). Next we are going to make our own Limit Order.

The field with the “Price” tag will be automatically filled with the most recent rate sBTC (SBTC) was sold for. You can change this to your desired price. The ”Amount” field is the quantity of SBTC you want to purchase. The ”Total” field is the aggregated price in BTC that you'll settle for the complete quantity of SBTC.

When you are happy, make a mouse click on “Buy SBTC”. Your plan will be filled as soon as a Vender trades their SBTC for the price you submitted.

Step 5 – Withdraw sBTC (SBTC)

Unless you're regularly trading, best advise is not to keep crypto on an Exchange for an extended period of time. In order to withdraw your sBTC (SBTC), hover over the tab called “Funds” and click on “Withdraw”. sBTC (SBTC) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate sBTC (SBTC) by using the provided drop-down box. Enter the amount of sBTC (SBTC) you'd wish to withdraw. Take into account the presented minimus/fees. Also make sure you have filled your right withdraw address.

When you're satisfied, make a mouse click on “Submit”. You may be asked for verfication via phone/email ahead of a withdrawal.

Kudos! You have successfully purchased and stored sBTC (SBTC).

That's it!

Withdrawals from Crypto Trader can take between 1 – 30 minutes (rely on network usage). As soon as you have proved your withdrawal with Etherscan.io or Ethplorer.io and the sBTC (SBTC) is stored within your wallet, you're done.

Some other Guides on How to buy different Altcoins

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