A Step-by-Step-Guide on how to buy cBAT (CBAT)
Step 1 – Signup to Kraken In the beginning you'll need to purchase units of the top-tier currencies. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Follow the Link below for registration and receive ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Transfer Your ETH (Ethereum) or BTC (Bitcoin) to an Exchange Your Ethereum or Bitcoin will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. cBAT (CBAT) is accessible on Binance, so we're going to use that as an sample. Not sure on how to send funds from Coinbase to an Exchange? (Follow these easy steps) Make sure you have selected the right coin you want to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so forth. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be different (Just follow our how-to).
Step 3 – Find cBAT (CBAT) As soon as your deposit has been confirmed, you will instantly have access to your funds and you can begin buying and trading. To invest in cBAT (CBAT) on Binance, you will want to go to the ”Exchange” tab and after that click on “Basic”. In order to locate cBAT (CBAT), you will need to put the shortname of the coin (CBAT) into the search-box, which is highlighted in the picture. Make sure you have selected the proper pairing, we have highlighted this also. Click on “CBAT/BTC” to continue.
Step 4 – Purchase cBAT (CBAT) After you have spotted cBAT (CBAT), you'll be given a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). Next we're making our own Limit Order. The ”Price” field will be filled automatically with the most recent price cBAT (CBAT) was traded for. This can be changed to your preferred price. The ”Amount” field is the volumen of CBAT you wish to purchase. The ”Total” field is the aggregated price in Bitcoin that you will settle for the whole volumen of CBAT. When you're happy, make a mouse click on “Buy CBAT”. Your order will be filled when a Seller sells their CBAT for the price you introduced.
Step 5 – Withdraw cBAT (CBAT) Unless you're regularly trading, best advise is not to keep crypto coins on an Exchange for an extensive period of time. In order to withdraw your cBAT (CBAT), hover over the tab called “Funds” and mouse click on “Withdraw”. cBAT (CBAT) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find cBAT (CBAT) by using the provided drop-down box. Put into the amount of cBAT (CBAT) you would wish to withdraw. Don't forget the demonstrated minimus/fees. Also make sure you have entered your right withdraw address. If you're satisfied, click “Submit”. You could be requested for verfication via phone/email ahead of a withdrawal.