A Step-by-Step-Guide on how to buy cWBTC (CWBTC)
Step 1 – Join Coinbase and get 10$ for free You will first need to purchase one of the major coins. Exchanges usually accept either Ethereum or Bitcoin in exchange for alternative Coins. Click below to register and to get your first $10.
Step 2 – Send Your Ethereum or Bitcoin to an Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Exchange now. Every exchange has a deposit form that is similar. cWBTC (CWBTC) is accessible on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Exchange? (Follow this guide) Make sure you've selected the correct coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etc. If you are working with a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our how-to).
Step 3 – Find cWBTC (CWBTC) As soon as your deposit has been approved, you'll immediately have access to your finances and you can begin buying and trading. To purchase cWBTC (CWBTC) on Binance, you'll want to hover over the ”Exchange” tab and then mouse click on “Basic”. In order to locate cWBTC (CWBTC), you'll need to insert the shortname of the coin (CWBTC) into the search box, which is highlighted in the graphic. Be certain of having choosen the right pairing, we've highlighted this too. Click on “CWBTC/BTC” to advance.
Step 4 – Buying (CWBTC) cWBTC As soon as you have spotted (CWBTC) cWBTC, you will be given a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). Next we're making our own Limit Order. The ”Price” field will be filled with the most latest rate (CWBTC) cWBTC was sold for. This can be changed to your preferred rate. The field with the “Amount” tag is the amount of CWBTC you like to purchase. The field with the “Total” tag is the whole price in Bitcoin that you will pay for the complete amount of CWBTC. When you're glad, make a mouse click on “Buy CWBTC”. Your order will be filled as soon as a Seller trades their CWBTC for the price you submitted.
Step 5 – Withdraw (CWBTC) cWBTC Unless you're trading, best advise is not to keep your crypto on an Crypto Exchange for an longer period of time. To take off your (CWBTC) cWBTC, hover over the ”Funds” tab and click on “Withdraw”. (CWBTC) cWBTC can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find (CWBTC) cWBTC by using the given drop-down box. Enter the amount of (CWBTC) cWBTC you would like to take off. Take into account the shown minimus/fees. Also make sure you have entered your correct withdraw address. If you're happy, click on “Submit”. You could be asked for verfication via phone/email ahead of a withdrawal.