A Step-by-Step-Guide on how to buy Bytom (BTM)
Step 1 – Join Kraken You will first need to purchase units of the major currencies. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Follow the Link below for registration and receive Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transmit Your Bitcoin or Ethereum to an Crypto Exchange Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. Bytom (BTM) is accessible on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Exchange? (Just follow this manual) Make sure you have selected the correct coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, et cetera. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our guide).
Step 3 – Find Bytom (BTM) As soon as your deposit has been affirmed, you'll now have access to your finances and you can begin invest and trading. To purchase Bytom (BTM) on Binance, you'll want to go to the ”Exchange” tab and after that click on “Basic”. In order to find Bytom (BTM), you'll need to insert the shortname of the coin (BTM) into the search-box, which is marked in the graphic. Be certain of having choosen the correct grouping, we've highlighted this too. Click on “BTM/BTC” to advance.
Step 4 – Acquisition of Bytom (BTM) After you've found Bytom (BTM), you will be given a Price Chart (in the Center of the image) and a few Order Books (Leftside of the picture). For now we're creating our own Limit Order. The ”Price” field will be filled automatically with the most up-to-date valuation Bytom (BTM) was sold for. This can be changed to your preferred price. The field with the “Amount” tag is the amount of BTM you want to buy. The field with the “Total” tag is the total price in BTC that you'll settle for the complete volumen of BTM. If you're happy, make a mouse click on “Buy BTM”. Your plan will be filled as soon as a Vender sells their BTM for the price you offered.
Step 5 – Withdraw Bytom (BTM) Unless you're frequently trading, best advise is not to keep crypto on an Exchange for an extended period of time. To withdraw your Bytom (BTM), hover over the tab called “Funds” and click on “Withdraw”. Bytom (BTM) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Bytom (BTM) by using the provided drop-down box. Enter the amount of Bytom (BTM) you'd wish to withdraw. Don't forget the demonstrated minimus/fees. Also make sure you have entered your right withdraw address. When you're happy, click on “Submit”. You could be requested for verfication via email/phone ahead of a withdrawal.