A Step-by-Step-Guide on how to buy CUTcoin (CUT)
Step 1 – Signup to CEX.io You'll first need to purchase one of the bigger coins. Exchanges usually accept either Bitcoin or Ethereum in exchange for alternative Coins. Follow the Link below for registration and getting Ethereum or Bitcoin.
Step 2 – Send Your Ethereum or Bitcoin to an Crypto Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is alike. CUTcoin (CUT) is obtainable on Binance, so we will use that as an example. Unsure on how to send Coinbase funds to an Crypto Exchange? (Follow this manual) Make sure you have chosen the correct coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so on. If you are working with a decentralized exchange, like Airswap or DDEX could be divergent (Follow our guide).
Step 3 – Locate CUTcoin (CUT) As soon as your deposit has been approved, you'll directly have access to your assets and you can initiate invest and trading. To invest in CUTcoin (CUT) on Binance, you'll want to hover over the ”Exchange” tab and click on “Basic”. To find CUTcoin (CUT), you'll need to put the cointype (CUT) into the search-box, which is marked in the graphic. Make sure you have selected the proper grouping, we have marked this too. Click on “CUT/BTC” to advance.
Step 4 – Buying (CUT) CUTcoin As soon as you have located (CUT) CUTcoin, you'll be given a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). And now we're creating our own Limit Order. The ”Price” field will be automatically filled with the latest valuation (CUT) CUTcoin was sold for. This can be changed to your preferred price. The ”Amount” field is the volumen of CUT you want to buy. The field with the “Total” tag is the total price in Bitcoin that you will pay for the whole volumen of CUT. If you are glad, click on “Buy CUT”. Your order will be filled when a Vender trades their CUT for the price you gave.
Step 5 – Withdraw (CUT) CUTcoin Unless you're trading, never keep your crypto coins on an Crypto Exchange for an extended time period. In order to withdraw your (CUT) CUTcoin, go to the tab called “Funds” and mouse click on “Withdraw”. (CUT) CUTcoin can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find (CUT) CUTcoin by using the provided drop-down box. Enter the amount of (CUT) CUTcoin you would like to withdraw. Take into account the shown fees/minimums. Also make sure you have filled your correct withdraw address. When you're happy, click on “Submit”. You may be asked for phone/email verification ahead of a take off.