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 Bitcoin (BTC) or Ethereum (ETH) to an Cryptocurrency Exchange Your Bitcoin or Ethereum will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. cUSDT (CUSDT) is accessible on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow these easy steps) Make sure you've selected the precise coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etc. If you're working with a decentralized exchange, such as Airswap or DDEX could be different (Just follow these easy steps).
Step 3 – Locate cUSDT (CUSDT) Once your deposit has been verified, you'll now have access to your finances and you can initiate buying and trading. To purchase cUSDT (CUSDT) on Binance, you will want to hover over the ”Exchange” tab and then mouse click on “Basic”. To find cUSDT (CUSDT), you'll need to insert the shortname of the coin (CUSDT) into the search box, which is marked in the picture. Make sure you have choosen the proper grouping, we have highlighted this too. Click on “CUSDT/BTC” to go on.
Step 4 – Buy cUSDT (CUSDT) After you've located cUSDT (CUSDT), you'll be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the image). Next we are making our own Limit Order. The field with the “Price” tag will be automatically filled with the most up-to-date rate cUSDT (CUSDT) was sold for. You can change this to your favoured price. The field with the “Amount” tag is the quantity of CUSDT you like to buy. The field with the “Total” tag is the total price in BTC that you will settle for the complete quantity of CUSDT. When you're happy, click on “Buy CUSDT”. Your plan will be filled as soon as a Seller sells their CUSDT for the price you introduced.
Step 5 – Withdraw cUSDT (CUSDT) Unless you're frequently trading, best advise is not to keep your crypto coins on an Crypto Exchange for an longer time frame. In order to take off your cUSDT (CUSDT), go to the tab called “Funds” and click on “Withdraw”. cUSDT (CUSDT) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate cUSDT (CUSDT) by using the given drop-down box. Put into the quantity of cUSDT (CUSDT) you'd like to take off. Don't forget the presented minimus/fees. Also make sure you have entered your correct withdraw address. If you are happy, make a mouse click on “Submit”. You could be requested for email/phone verification ahead of a withdrawal.