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 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Trader Your Ethereum or Bitcoin has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is identical. cUSDT (CUSDT) is obtainable on Binance, so we will use that as an example. Unsure on how to send funds from Coinbase to an Exchange? (Just follow this guide) Make sure you've selected the right coin you want to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so on. In the case you are using a decentralized exchange, such as Airswap or DDEX could be different (Follow our guide).
Step 3 – Find cUSDT (CUSDT) Once your deposit has been confirmed, you'll now have access to your funds and you can start purchasing and trading. To buy cUSDT (CUSDT) on Binance, you will want to go to the tab which is called “Exchange” and after that click on “Basic”. To find cUSDT (CUSDT), you will need to put the short name of the asset (CUSDT) into the search box, which is highlighted in the graphic. Be certain of having selected the correct pairing, we have highlighted this too. Click on “CUSDT/BTC” to progress.
Step 4 – Buying cUSDT (CUSDT) As soon as you've found cUSDT (CUSDT), you'll be presented with a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the picture). And now we're going to create our own Limit Order. The field with the “Price” tag will be filled automatically with the most latest tariff cUSDT (CUSDT) was sold for. This can be changed to your favoured rate. The field with the “Amount” tag is the amount of CUSDT you like to purchase. The ”Total” field is the aggregated price in Bitcoin that you will settle for the complete amount of CUSDT. When you are glad, make a mouse click on “Buy CUSDT”. Your order will be filled when a Vender sells their CUSDT for the price you introduced.
Step 5 – Withdraw cUSDT (CUSDT) Unless you are frequently trading, never keep your crypto coins on an Cryptocurrency Exchange for an longer time frame. To withdraw your cUSDT (CUSDT), hover over the tab called “Funds” and mouse click on “Withdraw”. cUSDT (CUSDT) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate cUSDT (CUSDT) by using the provided drop-down box. Enter the quantity of cUSDT (CUSDT) you would wish to withdraw. Don't forget the shown fees/minimums. Also make sure you have filled your right withdraw address. If you are happy, click “Submit”. You could be requested for verfication via email/phone before a take off.