A Step-by-Step-Guide on how to buy cUSDT (CUSDT)
Step 1 – Signup to Kraken You'll first need to buy one of the major coins. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Click below to register and to get ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Transmit Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Exchange Your Ethereum or Bitcoin has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is identical. cUSDT (CUSDT) is available 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 this manual) Make sure you have selected the correct coin you wish to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, et cetera. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Follow our how-to).
Step 3 – Find cUSDT (CUSDT) As soon as your deposit has been confirmed, you will instantly have access to your assets and you can start invest and trading. To purchase cUSDT (CUSDT) on Binance, you will want to go to the ”Exchange” tab and then click on “Basic”. To discover cUSDT (CUSDT), you'll need to insert the cointype (CUSDT) into the search-box, which is highlighted in the picture. Make sure you have selected the proper grouping, we've highlighted this too. Click on “CUSDT/BTC” to progress.
Step 4 – Purchase cUSDT (CUSDT) After you've discovered cUSDT (CUSDT), you'll be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the image). Next we are going to make our own Limit Order. The ”Price” field will be filled automatically with the most latest rate cUSDT (CUSDT) was traded for. You can change this to your preferred price. The field with the “Amount” tag is the quantity of CUSDT you wish to buy. The ”Total” field is the whole price in BTC that you'll pay for the whole amount of CUSDT. When you are glad, click on “Buy CUSDT”. Your order will be filled as soon as a Vendor trades their CUSDT for the price you gave.
Step 5 – Withdraw cUSDT (CUSDT) Unless you are frequently trading, never keep your crypto coins on an Crypto Trader for an longer time frame. In order to withdraw your cUSDT (CUSDT), hover over the ”Funds” tab and mouse click on “Withdraw”. cUSDT (CUSDT) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find cUSDT (CUSDT) by using the provided drop-down box. Drop in the quantity of cUSDT (CUSDT) you would like to take off. Don't forget the presented fees/minimums. Also make sure you have entered your correct withdraw address. When you are glad, click on “Submit”. You could be asked for email/phone verification before a take off.