How to Buy BitcoinUltra (BTCU)

Step 1 – Join Kraken

You will first need to purchase one of the top-tier coins. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Follow the Link below for registration and getting Ethereum (ETH) or Bitcoin (BTC).

Step 2 – Send Your ETH (Ethereum) or BTC (Bitcoin) to an Cryptocurrency Exchange

Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is alike. BitcoinUltra (BTCU) is available on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Crypto Exchange? (Follow this how-to)

Make sure you've chosen the precise coin you would like to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etcetera. In the case you are using a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our how-to).

Step 3 – Find BitcoinUltra (BTCU)

As soon as your deposit has been verified, you'll now have access to your assets and you can launch invest and trading. To invest in BitcoinUltra (BTCU) on Binance, you'll want to go to the ”Exchange” tab and after that mouse click on “Basic”.

In order to discover BitcoinUltra (BTCU), you'll need to put the cointype (BTCU) into the search-box, which is highlighted in the picture. Be certain of having selected the right grouping, we have highlighted this too. Click on “BTCU/BTC” to continue.

Step 4 – Purchasing BitcoinUltra (BTCU)

As soon as you have spotted BitcoinUltra (BTCU), you will be given a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). Next we are going to create our own Limit Order.

The field with the “Price” tag will be automatically filled with the most recent valuation BitcoinUltra (BTCU) was traded for. You can change this to your preferred rate. The ”Amount” field is the amount of BTCU you want to buy. The field with the “Total” tag is the aggregated price in BTC that you will settle for the complete volumen of BTCU.

When you are satisfied, click on “Buy BTCU”. Your order will be filled as soon as a Vendor trades their BTCU for the price you offered.

Step 5 – Withdraw BitcoinUltra (BTCU)

Unless you're regularly trading, best advise is not to keep your coins on an Exchange for an longer time period. To take off your BitcoinUltra (BTCU), go to the tab called “Funds” and click on “Withdraw”. BitcoinUltra (BTCU) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find BitcoinUltra (BTCU) by using the provided drop-down box. Put into the amount of BitcoinUltra (BTCU) you'd like to withdraw. Take into account the demonstrated minimus/fees. Also make sure you have entered your right withdraw address.

When you are glad, click “Submit”. You may be requested for email/phone verification before a take off.