How to Buy CUTcoin (CUT)

Step 1 – Join Kraken

You will first need to purchase units of the major coins. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Follow the Link below to register and receive ETH (Ethereum) or BTC (Bitcoin).

Step 2 – Send Your Bitcoin (BTC) or Ethereum (ETH) to an Cryptocurrency Exchange

Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is similar. CUTcoin (CUT) is available on Binance, so we will use that as an illustration. Not sure on how to send funds from Coinbase to an Exchange? (Follow this guide)

Make sure you've selected the right coin you want to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so on. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow these easy steps).

Step 3 – Locate CUTcoin (CUT)

Once your deposit has been confirmed, you'll immediately have access to your funds and you can initiate invest and trading. To buy CUTcoin (CUT) on Binance, you'll want to hover over the tab which is called “Exchange” and then mouse click on “Basic”.

To spot CUTcoin (CUT), you'll need to insert the cointype (CUT) into the search box, which is marked in the image. Make sure you have selected the correct grouping, we've highlighted this also. Click on “CUT/BTC” to continue.

Step 4 – Buying CUTcoin (CUT)

As soon as you have spotted CUTcoin (CUT), you'll be given a Price Chart (in the Center of the image) and some Order Books (Leftside of the picture). And now we are going to create our own Limit Order.

The field with the “Price” tag will be automatically filled with the most latest valuation CUTcoin (CUT) was sold for. You can change this to your desired price. The ”Amount” field is the amount of CUT you wish to purchase. The ”Total” field is the total price in BTC that you will pay for the whole quantity of CUT.

When you're happy, click on “Buy CUT”. Your order will be filled when a Vender trades their CUT for the price you offered.

Step 5 – Withdraw CUTcoin (CUT)

Unless you're frequently trading, never keep your crypto coins on an Exchange for an extensive period of time. To withdraw your CUTcoin (CUT), hover over the ”Funds” tab and click on “Withdraw”. CUTcoin (CUT) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate CUTcoin (CUT) by using the given drop-down box. Put into the volumen of CUTcoin (CUT) you'd wish to withdraw. Don't forget the shown fees/minimums. Also make sure you have filled your precise withdraw address.

When you're glad, make a mouse click on “Submit”. You could be requested for verfication via phone/email before a withdrawal.