How to Buy pTokens BTC (PBTC)

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

Step 1 – Signup to CEX.io

You'll first need to purchase one of the top-tier currencies. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Click below for registration and receive Bitcoin (BTC) or Ethereum (ETH).

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

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

Make sure you have chosen the exact coin you would like to deposit.

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

Step 3 – Find (PBTC) pTokens BTC

Once your deposit has been affirmed, you will immediately have access to your finances and you can launch purchasing and trading. To buy (PBTC) pTokens BTC on Binance, you will want to hover over the ”Exchange” tab and click on “Basic”.

To spot (PBTC) pTokens BTC, you will need to put the shortname of the coin (PBTC) into the search-box, which is highlighted in the graphic. Make sure you have selected the correct grouping, we have 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 – Buying (PBTC) pTokens BTC

After you've found (PBTC) pTokens BTC, you will be presented with a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). Next we are creating our Limit Order.

The ”Price” field will be filled with the recent price (PBTC) pTokens BTC was traded for. You can change this to your preferred rate. The field with the “Amount” tag is the volumen of PBTC you want to buy. The ”Total” field is the aggregated price in Bitcoin that you will settle for the whole volumen of PBTC.

When you're glad, make a mouse click on “Buy PBTC”. Your order will be filled when a Seller sells their PBTC for the price you introduced.

Step 5 – Withdraw (PBTC) pTokens BTC

Unless you're regularly trading, never keep your coins on an Exchange for an extensive time frame. To take off your (PBTC) pTokens BTC, hover over the ”Funds” tab and click on “Withdraw”. (PBTC) pTokens BTC can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find (PBTC) pTokens BTC by using the provided drop-down box. Enter the volumen of (PBTC) pTokens BTC you would like to take off. Take into account the presented minimus/fees. Also make sure you have entered your correct withdraw address.

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

Binance Withdraw

Congrats! You've successfully purchased and stored pTokens BTC (PBTC).

That's it!

Take offs from Crypto Exchange can take anywhere from 1 – 30 minutes (depending on usage of the network). Once you have proved your take off with Ethplorer.io or Etherscan.io and the pTokens BTC (PBTC) is safe within your wallet, you're finished.