A Step-by-Step-Guide on how to buy tBTC (TBTC)
Step 1 – Signup to CEX.io In the beginning you'll need to buy one of the bigger currencies. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Follow the Link below to register and to get your Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Send Your Bitcoin or Ethereum to an Cryptocurrency Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. tBTC (TBTC) is available on Binance, so we're going to use that as an sample. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this manual) Make sure you have selected the precise coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so forth. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our how-to).
Step 3 – Find tBTC (TBTC) As soon as your deposit has been affirmed, you'll immediately have access to your assets and you can start purchasing and trading. To purchase tBTC (TBTC) on Binance, you'll want to go to the tab which is called “Exchange” and after that click on “Basic”. To discover tBTC (TBTC), you'll need to insert the short name of the asset (TBTC) into the search box, which is highlighted in the graphic. Be certain of having choosen the correct grouping, we've highlighted this also. Click on “TBTC/BTC” to continue.
Step 4 – Buying tBTC (TBTC) As soon as you've found tBTC (TBTC), you'll be given a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). Next we are going to make our own Limit Order. The field with the “Price” tag will be filled automatically with the recent rate tBTC (TBTC) was sold for. You can change this to your preferred rate. The field with the “Amount” tag is the quantity of TBTC you like to buy. The field with the “Total” tag is the whole price in BTC that you'll settle for the whole quantity of TBTC. When you're satisfied, click on “Buy TBTC”. Your order will be filled when a Vendor trades their TBTC for the price you gave.
Step 5 – Withdraw tBTC (TBTC) Unless you are regularly trading, best advise is not to keep coins on an Cryptocurrency Exchange for an extensive period of time. To withdraw your tBTC (TBTC), hover over the tab called “Funds” and click on “Withdraw”. tBTC (TBTC) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate tBTC (TBTC) by using the provided drop-down box. Drop in the volumen of tBTC (TBTC) you would wish to withdraw. Take into account the shown fees/minimums. Also make sure you have filled your precise withdraw address. If you are happy, click on “Submit”. You may be requested for email/phone verification before a take off.