A Step-by-Step-Guide on how to buy WITChain (WIT)
Step 1 – Signup to Coinbase and get 10$ for free You will first need to purchase units of the major coins. Exchanges usually accept either Bitcoin or Ethereum in exchange for Altcoins. Click below to register and to get your first $10.
Step 2 – Transmit Your BTC (Bitcoin) or ETH (Ethereum) to an Exchange Your Bitcoin or Ethereum has to be sent over to an Exchange now. Every exchange has a deposit form that is alike. WITChain (WIT) is available on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Exchange? (Follow this how-to) Make sure you've selected the right coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etcetera. If you're working with a decentralized exchange, like Airswap or DDEX could be different (Follow our manual).
Step 3 – Locate WITChain (WIT) Once your deposit has been approved, you'll now have access to your assets and you can commence invest and trading. To purchase WITChain (WIT) on Binance, you'll want to go to the tab which is called “Exchange” and after that mouse click on “Basic”. To locate WITChain (WIT), you'll need to put the short name of the asset (WIT) into the search box, which is marked in the graphic. Be certain of having selected the correct pairing, we have marked this also. Click on “WIT/BTC” to proceed.
Step 4 – Buying WITChain (WIT) After you've located WITChain (WIT), you will be presented with a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). And now we're making our Limit Order. The field with the “Price” tag will be filled with the recent price WITChain (WIT) was traded for. You can change this to your preferred price. The ”Amount” field is the amount of WIT you want to purchase. The field with the “Total” tag is the total price in BTC that you will settle for the complete amount of WIT. When you're glad, click on “Buy WIT”. Your plan will be filled as soon as a Vendor trades their WIT for the price you submitted.
Step 5 – Withdraw (WIT) WITChain Unless you're trading, best advise is not to keep coins on an Exchange for an longer period of time. In order to take off your (WIT) WITChain, go to the tab called “Funds” and mouse click on “Withdraw”. (WIT) WITChain can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find (WIT) WITChain by using the provided drop-down box. Enter the quantity of (WIT) WITChain you would like to take off. Don't forget the demonstrated minimus/fees. Also make sure you have entered your precise withdraw address. If you're glad, click “Submit”. You could be asked for email/phone verification ahead of a take off.