A Step-by-Step-Guide on how to buy Bytom (BTM)
Step 1 – Join CEX.io In the beginning you'll need to buy one of the bigger currencies. Exchanges commonly accept either Ethereum or Bitcoin in exchange for Altcoins. Follow the Link below for registration and receive Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Transmit Your Funds to an Cryptocurrency Exchange Your Ethereum or Bitcoin will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. Bytom (BTM) is obtainable on Binance, so we will use that as an illustration. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this how-to) Make sure you have chosen the right coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etcetera. In the case you are using a decentralized exchange, such as Airswap or DDEX could be unlike (Follow these easy steps).
Step 3 – Find Bytom (BTM) Once your deposit has been verified, you'll instantly have access to your finances and you can initiate purchasing and trading. To invest in Bytom (BTM) on Binance, you'll want to hover over the tab which is called “Exchange” and click on “Basic”. In order to find Bytom (BTM), you'll need to insert the cointype (BTM) into the search box, which is highlighted in the graphic. Be certain of having choosen the right pairing, we've highlighted this too. Click on “BTM/BTC” to go on.
Step 4 – Buy Bytom (BTM) As soon as you have spotted Bytom (BTM), you will be given a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). Next we're going to create our own Limit Order. The field with the “Price” tag will be automatically filled with the most latest rate Bytom (BTM) was traded for. You can change this to your preferred rate. The ”Amount” field is the quantity of BTM you like to buy. The field with the “Total” tag is the whole price in Bitcoin that you will settle for the whole quantity of BTM. If you are satisfied, make a mouse click on “Buy BTM”. Your order will be filled as soon as a Vendor sells their BTM for the price you submitted.
Step 5 – Withdraw Bytom (BTM) Unless you are trading, you should never keepyour crypto on an Cryptocurrency Exchange for an extensive period of time. To withdraw your Bytom (BTM), go to the ”Funds” tab and click on “Withdraw”. Bytom (BTM) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Bytom (BTM) by using the given drop-down box. Put into the quantity of Bytom (BTM) you'd wish to withdraw. Take into account the shown fees/minimums. Also make sure you have filled your correct withdraw address. If you are satisfied, click on “Submit”. You could be requested for verfication via phone/email ahead of a withdrawal.