How to Buy Ethbits (ETBS)

A Step-by-Step-Guide on how to buy Ethbits (ETBS)

Step 1 – Signup to Kraken

In the beginning you'll need to buy one of the major currencies. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Click the button below for registration and receive Ethereum (ETH) or Bitcoin (BTC).

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

Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Exchange now. Every exchange has a deposit form that is identical. Ethbits (ETBS) is obtainable on Binance, so we're going to use that as an sample. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow these easy steps)

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

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so on. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Follow our how-to).

Step 3 – Find Ethbits (ETBS)

As soon as your deposit has been affirmed, you will now have access to your finances and you can initiate buying and trading. To purchase Ethbits (ETBS) on Binance, you'll want to go to the tab which is called “Exchange” and then click on “Basic”.

To locate Ethbits (ETBS), you will need to insert the short name of the asset (ETBS) into the search-box, which is highlighted in the graphic. Make sure you have choosen the right grouping, we've highlighted this too. Click on “ETBS/BTC” to advance.

Binance Hot To Buy Ethbits (ETBS)
Binance How to Buy (ETBS) Ethbits
Step 4 – Acquisition of Ethbits (ETBS)

As soon as you've discovered Ethbits (ETBS), you will be given a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). For now we are making our own Limit Order.

The ”Price” field will be filled automatically with the most recent valuation Ethbits (ETBS) was sold for. This can be changed to your desired price. The ”Amount” field is the volumen of ETBS you wish to purchase. The field with the “Total” tag is the whole price in BTC that you will settle for the complete quantity of ETBS.

If you're happy, click on “Buy ETBS”. Your order will be filled when a Vendor trades their ETBS for the price you gave.

Step 5 – Withdraw Ethbits (ETBS)

Unless you are regularly trading, best advise is not to keep your crypto on an Crypto Trader for an extended time period. To take off your Ethbits (ETBS), hover over the ”Funds” tab and mouse click on “Withdraw”. Ethbits (ETBS) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find Ethbits (ETBS) by using the given drop-down box. Drop in the quantity of Ethbits (ETBS) you would like to withdraw. Take into account the demonstrated minimus/fees. Also make sure you have entered your right withdraw address.

If you're happy, click “Submit”. You may be asked for verfication via email/phone before a withdrawal.

Binance Withdraw

Kudos! You have successfully purchased and stored Ethbits (ETBS).

That's it!

Take offs from Cryptocurrency Exchange can durate between 1 – 30 minutes (rely on network usage). As soon as you've confirmed your take off with Ethplorer.io or Etherscan.io and the (ETBS) Ethbits is safe within your wallet, you are all done.

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