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 – Transfer Your Funds to an Crypto Trader Your Ethereum or Bitcoin has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is identical. Bytom (BTM) is available on Binance, so we're going to use that as an sample. Unsure on how to send funds from Coinbase to an Exchange? (Follow these easy steps) Make sure you have selected the right coin you would like to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etc. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be different (Just follow our guide).
Step 3 – Find Bytom (BTM) Once your deposit has been verified, you will immediately have access to your funds and you can start buying and trading. To invest in Bytom (BTM) on Binance, you will want to go to the ”Exchange” tab and then mouse click on “Basic”. In order to find Bytom (BTM), you'll need to put the cointype (BTM) into the search-box, which is highlighted in the image. Make sure you have selected the right pairing, we have highlighted this too. Click on “BTM/BTC” to proceed.
Step 4 – Acquisition of Bytom (BTM) Once you have located Bytom (BTM), you will be presented with a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the image). And now we are making our own Limit Order. The ”Price” field will be filled automatically with the most recent tariff Bytom (BTM) was traded for. This can be changed to your desired price. The ”Amount” field is the amount of BTM you like to purchase. The ”Total” field is the total price in Bitcoin that you'll pay for the whole amount of BTM. If you are satisfied, make a mouse click on “Buy BTM”. Your order will be filled as soon as a Seller sells their BTM for the price you submitted.
Step 5 – Withdraw Bytom (BTM) Unless you are frequently trading, best advise is not to keep your crypto on an Cryptocurrency Exchange for an extended period of time. To withdraw your Bytom (BTM), hover over the ”Funds” tab and mouse click on “Withdraw”. Bytom (BTM) can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Bytom (BTM) by using the provided drop-down box. Drop in the quantity of Bytom (BTM) you'd like to withdraw. Take into account the presented minimus/fees. Also make sure you have filled your correct withdraw address. When you are happy, make a mouse click on “Submit”. You may be requested for email/phone verification ahead of a take off.