How to Buy pTokens BTC (PBTC)

A Step-by-Step-Guide on how to buy pTokens BTC (PBTC)

Step 1 – Signup to Coinbase – Get Free $10

In the beginning you'll need to purchase one of the bigger coins. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Follow the Link below for registration and to get your first $10.

Coinbase Free Bitcoin

Binance Signup
Step 2 – Send Your Ethereum or Bitcoin to an Crypto Exchange

Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is similar. pTokens BTC (PBTC) is accessible on Binance, so we're going to use that as an sample. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Follow this guide)

Make sure you have chosen the right coin you want to deposit.

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so forth. In the case you are dealing with a decentralized exchange, such as Airswap or DDEX could be different (Follow these easy steps).

Step 3 – Locate pTokens BTC (PBTC)

As soon as your deposit has been affirmed, you will directly have access to your finances and you can commence purchasing and trading. To invest in pTokens BTC (PBTC) on Binance, you will want to go to the ”Exchange” tab and then click on “Basic”.

In order to find pTokens BTC (PBTC), you will need to put the cointype (PBTC) into the search-box, which is highlighted in the picture. Make sure you have selected the correct pairing, we've highlighted this too. Click on “PBTC/BTC” to go on.

Binance Hot To Buy pTokens BTC (PBTC)
Binance How to Buy (PBTC) pTokens BTC
Step 4 – Buy pTokens BTC (PBTC)

As soon as you've spotted pTokens BTC (PBTC), you'll be presented with a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). Next we are making our Limit Order.

The field with the “Price” tag will be automatically filled with the most up-to-date tariff pTokens BTC (PBTC) was sold for. You can change this to your desired price. The ”Amount” field is the amount of PBTC you like to purchase. The field with the “Total” tag is the total price in BTC that you'll settle for the whole amount of PBTC.

If you are happy, click on “Buy PBTC”. Your order will be filled as soon as a Seller sells their PBTC for the price you introduced.

Step 5 – Withdraw pTokens BTC (PBTC)

Unless you are trading, never keep your coins on an Cryptocurrency Exchange for an extended time period. In order to take off your pTokens BTC (PBTC), go to the tab called “Funds” and mouse click on “Withdraw”. pTokens BTC (PBTC) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate pTokens BTC (PBTC) by using the given drop-down box. Drop in the quantity of pTokens BTC (PBTC) you would like to take off. Take into account the presented minimus/fees. Also make sure you have entered your precise withdraw address.

If you are glad, make a mouse click on “Submit”. You may be asked for phone/email verification ahead of a take off.

Binance Withdraw

Kudos! You have successfully bought and safed pTokens BTC (PBTC).

That's it!

Take offs from Crypto Trader can durate between 1 – 30 minutes (depending on network usage). As soon as you have confirmed your take off with Etherscan.io or Ethplorer.io and the pTokens BTC (PBTC) is stored in your wallet, you are finished.