How to Buy cWBTC (CWBTC)

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

Step 1 – Signup to Kraken

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

Binance Signup
Step 2 – Transmit Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Trader

Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is alike. cWBTC (CWBTC) is obtainable on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this manual)

Make sure you have chosen the exact coin you would like to deposit.

Bitcoin must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etc. In the case you're working with a decentralized exchange, like Airswap or DDEX could be divergent (Follow these easy steps).

Step 3 – Locate cWBTC (CWBTC)

Once your deposit has been verified, you will immediately have access to your assets and you can launch purchasing and trading. To invest in cWBTC (CWBTC) on Binance, you will want to go to the tab which is called “Exchange” and then mouse click on “Basic”.

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 picture. Be certain of having choosen the correct pairing, we have marked this also. Click on “CWBTC/BTC” to go on.

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

After you've spotted cWBTC (CWBTC), you will be given a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). And now we're going to make our own Limit Order.

The ”Price” field will be filled automatically with the most latest valuation cWBTC (CWBTC) was traded for. This can be changed to your preferred rate. The ”Amount” field is the volumen of CWBTC you like to buy. The field with the “Total” tag is the total price in Bitcoin that you'll settle for the complete amount of CWBTC.

When you are happy, make a mouse click on “Buy CWBTC”. Your plan will be filled when a Vender trades their CWBTC for the price you offered.

Step 5 – Withdraw cWBTC (CWBTC)

Unless you're regularly trading, best advise is not to keep your coins on an Exchange for an extended period of time. In order to take off your cWBTC (CWBTC), hover over the tab called “Funds” and click on “Withdraw”. cWBTC (CWBTC) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

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

When you are happy, click on “Submit”. You could be asked for phone/email verification before a take off.

Binance Withdraw

Congratulations! You've successfully bought and stored cWBTC (CWBTC).

That's it!

Take offs from Cryptocurrency Exchange can take anywhere from 1 – 30 minutes (depending on network usage). Once you have proved your withdrawal using Etherscan.io or Ethplorer.io and the (CWBTC) cWBTC is safe inside your wallet, you are all done.

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