How to Buy BitTorrent (BTT)

A Step-by-Step-Guide on how to buy BitTorrent (BTT)

Step 1 – Join Kraken

You will first need to buy one of the top-tier currencies. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Follow the Link below for registration and receive 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. Every exchange has a deposit form that is similar. BitTorrent (BTT) is obtainable on Binance, so we're going to use that as an sample. Unsure on how to send Coinbase funds to an Crypto Exchange? (Follow this manual)

Make sure you have selected the right coin you would like to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etcetera. In the case you're working with a decentralized exchange, like Airswap or DDEX could be opposed (Follow these easy steps).

Step 3 – Locate BitTorrent (BTT)

Once your deposit has been approved, you'll immediately have access to your assets and you can initiate purchasing and trading. To buy BitTorrent (BTT) on Binance, you'll want to hover over the tab which is called “Exchange” and then click on “Basic”.

To locate BitTorrent (BTT), you'll need to put the cointype (BTT) into the search box, which is marked in the picture. Be certain of having selected the correct pairing, we've marked this also. Click on “BTT/BTC” to continue.

Binance Hot To Buy BitTorrent (BTT)
Binance How to Buy (BTT) BitTorrent
Step 4 – Acquisition of BitTorrent (BTT)

As soon as you've located BitTorrent (BTT), you will be presented with a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the image). Next we are making our own Limit Order.

The ”Price” field will be filled with the most recent tariff BitTorrent (BTT) was traded for. This can be changed to your preferred price. The field with the “Amount” tag is the amount of BTT you want to purchase. The field with the “Total” tag is the whole price in BTC that you'll pay for the whole amount of BTT.

If you're glad, click on “Buy BTT”. Your order will be filled when a Seller sells their BTT for the price you submitted.

Step 5 – Withdraw BitTorrent (BTT)

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

Locate BitTorrent (BTT) by using the provided drop-down box. Put into the amount of BitTorrent (BTT) you'd wish to take off. Don't forget the demonstrated minimus/fees. Also make sure you have filled your correct withdraw address.

If you're satisfied, make a mouse click on “Submit”. You could be requested for verfication via email/phone ahead of a withdrawal.

Binance Withdraw

Kudos! You have successfully purchased and safed BitTorrent (BTT).

That's it!

Take offs from Cryptocurrency Exchange can take between 1 – 30 minutes (depending on usage of the network). Once you have confirmed your take off with Etherscan.io or Ethplorer.io and the (BTT) BitTorrent is safe in your wallet, you're finished.