How to Buy cWBTC (CWBTC)

A Step-by-Step-Guide on how to buy cWBTC (CWBTC)

Step 1 – Signup to CEX.io

You will first need to purchase one of the top-tier currencies. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Click the button below to register and to get Ethereum or Bitcoin.

Binance Signup
Step 2 – Transfer Your Bitcoin or Ethereum to an Exchange

Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Exchange now. All exchanges have a deposit form that is identical. cWBTC (CWBTC) is accessible on Binance, so we will use that as an example. Unsure on how to send Coinbase funds to an Exchange? (Just follow this manual)

Make sure you've selected the precise coin you wish to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etcetera. If you're using a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our how-to).

Step 3 – Find (CWBTC) cWBTC

As soon as your deposit has been approved, you'll directly have access to your finances and you can start invest and trading. To invest in (CWBTC) cWBTC on Binance, you'll want to go to the ”Exchange” tab and click on “Basic”.

In order to discover (CWBTC) cWBTC, you'll need to insert the short name of the asset (CWBTC) into the search box, which is marked in the graphic. Be certain of having selected the right pairing, we've marked this too. Click on “CWBTC/BTC” to advance.

Binance Hot To Buy cWBTC (CWBTC)
Binance How to Buy (CWBTC) cWBTC
Step 4 – Buy (CWBTC) cWBTC

After you have discovered (CWBTC) cWBTC, you will be presented with a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). Next we're going to create our Limit Order.

The field with the “Price” tag will be filled automatically with the most latest price (CWBTC) cWBTC was traded for. You can change this to your preferred rate. The field with the “Amount” tag is the amount of CWBTC you wish to buy. The field with the “Total” tag is the total price in Bitcoin that you will pay for the whole amount of CWBTC.

When you're satisfied, make a mouse click on “Buy CWBTC”. Your order will be filled as soon as a Vendor sells their CWBTC for the price you submitted.

Step 5 – Withdraw (CWBTC) cWBTC

Unless you are trading, best advise is not to keep your crypto coins on an Crypto Exchange for an extensive time period. In order to take off your (CWBTC) cWBTC, go to the tab called “Funds” and mouse click on “Withdraw”. (CWBTC) cWBTC can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (CWBTC) cWBTC by using the given drop-down box. Put into the amount of (CWBTC) cWBTC you would wish to take off. Take into account the demonstrated minimus/fees. Also make sure you have filled your right withdraw address.

If you are happy, make a mouse click on “Submit”. You could be requested for email/phone verification ahead of a withdrawal.

Binance Withdraw

Congrats! You have successfully bought and stored (CWBTC) cWBTC.

That's it!

Withdrawals from Crypto Exchange can durate anywhere from 1 – 30 minutes (depending on network usage). Once you have confirmed your withdrawal using Ethplorer.io or Etherscan.io and the (CWBTC) cWBTC is safe in your wallet, you're done.