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How to Buy xBTC (XBTC)

A Step-by-Step-Guide on how to buy xBTC (XBTC)

Step 1 – Join CEX.io

You'll first need to buy one of the top-tier currencies. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Follow the Link below to register and receive your Ethereum (ETH) or Bitcoin (BTC).

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

Your Bitcoin or Ethereum will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is similar. xBTC (XBTC) is obtainable on Binance, so we will use that as an illustration. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this manual)

Make sure you have selected the right coin you want to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etc. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our how-to).

Step 3 – Locate (XBTC) xBTC

Once your deposit has been confirmed, you'll now have access to your funds and you can initiate invest and trading. To invest in (XBTC) xBTC on Binance, you'll want to go to the tab which is called “Exchange” and after that mouse click on “Basic”.

In order to locate (XBTC) xBTC, you'll need to insert the cointype (XBTC) into the search-box, which is marked in the graphic. Make sure you have selected the correct pairing, we have marked this also. Click on “XBTC/BTC” to go ahead.

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

After you have spotted (XBTC) xBTC, you will be presented with a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the image). And now we are going to create our own Limit Order.

The field with the “Price” tag will be filled with the latest price (XBTC) xBTC was sold for. You can change this to your preferred rate. The field with the “Amount” tag is the volumen of XBTC you wish to purchase. The field with the “Total” tag is the total price in Bitcoin that you'll settle for the whole volumen of XBTC.

When you are satisfied, click on “Buy XBTC”. Your plan will be filled when a Vendor trades their XBTC for the price you offered.

Step 5 – Withdraw xBTC (XBTC)

Unless you are frequently trading, never keep your crypto coins on an Crypto Trader for an longer time period. To take off your xBTC (XBTC), go to the ”Funds” tab and mouse click on “Withdraw”. xBTC (XBTC) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find xBTC (XBTC) by using the given drop-down box. Enter the volumen of xBTC (XBTC) you would like to take off. Don't forget the shown fees/minimums. Also make sure you have filled your right withdraw address.

When you are satisfied, make a mouse click on “Submit”. You may be requested for verfication via email/phone before a withdrawal.

Congrats! You have successfully bought and stored (XBTC) xBTC.

That's it!

Take offs from Cryptocurrency Exchange can take anywhere from 1 – 30 minutes (depending on network usage). Once you've confirmed your withdrawal with Ethplorer.io or Etherscan.io and the (XBTC) xBTC is safe within your wallet, you are finished.

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