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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

In the beginning you'll need to buy units of the bigger coins. Exchanges normally accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Click the button below to register and receive your Bitcoin or Ethereum.

Binance Signup
Step 2 – Transfer Your Bitcoin or Ethereum to an Crypto Exchange

Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. xBTC (XBTC) is available on Binance, so we will use that as an example. Unsure on how to send Coinbase funds to an Exchange? (Just follow this guide)

Make sure you've selected the correct coin you would like to deposit.

BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so on. If you're using a decentralized exchange, such as Airswap or DDEX could be different (Just follow these easy steps).

Step 3 – Locate xBTC (XBTC)

As soon as your deposit has been approved, you will instantly have access to your assets and you can commence buying and trading. To purchase xBTC (XBTC) on Binance, you will want to go to the tab which is called “Exchange” and after that click on “Basic”.

To find xBTC (XBTC), you'll need to put the short name of the asset (XBTC) into the search-box, which is marked in the graphic. Make sure you have selected the correct grouping, we've highlighted this also. Click on “XBTC/BTC” to go on.

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

As soon as you have spotted xBTC (XBTC), you will be given a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the image). Next we're going to create our own Limit Order.

The field with the “Price” tag will be automatically filled with the most latest valuation xBTC (XBTC) was traded for. This can be changed to your favoured rate. The ”Amount” field is the amount of XBTC you wish to purchase. The field with the “Total” tag is the whole price in Bitcoin that you will pay for the complete volumen of XBTC.

If you're glad, click on “Buy XBTC”. Your plan will be filled when a Vender sells their XBTC for the price you gave.

Step 5 – Withdraw xBTC (XBTC)

Unless you are regularly trading, you should never keepyour coins on an Cryptocurrency Exchange for an extended time frame. To withdraw your xBTC (XBTC), hover over the tab called “Funds” 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 amount of xBTC (XBTC) you'd like to take off. Don't forget the displayed minimus/fees. Also make sure you have filled your correct withdraw address.

When you're happy, click “Submit”. You may be asked for email/phone verification before a take off.

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

That's it!

Withdrawals from Crypto Trader can take between 1 – 30 minutes (depending on usage of the network). As soon as you've proved your take off using Etherscan.io or Ethplorer.io and the xBTC (XBTC) is safe within your wallet, you are all done.

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