How to Buy pTokens BTC (PBTC)

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

Step 1 – Join Kraken

You'll first need to buy units of the bigger coins. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Click the button below to register and to get Ethereum or Bitcoin.

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

Your {Bitcoin or Ethereum} {has} to be sent over to an {Exchange} now. {Every exchange has} a deposit form that is {similar}. pTokens BTC (PBTC) is {accessible} on Binance, so {we will} use that as an {sample}. {Not sure} on how to send {Coinbase funds} to an {Cryptocurrency Exchange}? ({Follow} {these easy steps})

Make sure {you have} {selected} the {precise} coin you {wish} to deposit.

{Bitcoin} must be sent to a {BTC} deposit address, {Ethereum} to an {ETH} deposit address, {et cetera}. {If} {you are} {working with} a decentralized exchange, {such as} Airswap or DDEX could be {different} ({Just follow} {our how-to}).

Step 3 – {Locate} pTokens BTC (PBTC)

{Once} your deposit has been {approved}, {you'll} {immediately} have access to your {finances} and you can {initiate} {purchasing} and trading. To {purchase} pTokens BTC (PBTC) on Binance, {you'll} want to {go to} the {tab which is called “Exchange”} and{} {click} on “Basic”.

{To} {discover} pTokens BTC (PBTC), {you'll} need to {insert} the {short name of the asset} (PBTC) into the {search box}, which is {marked} in the {graphic}. {Be certain of having} {choosen} the {proper} {grouping}, {we have} {marked} this {too}. Click on “PBTC/BTC” to {continue}.

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

{After} {you have} {spotted} pTokens BTC (PBTC), {you'll} be {presented with} a {Price Chart} (in the Center of the {picture}) and {a few} Order Books ({Leftside} of the {image}). {And now} {we're} {making} our{} Limit Order.

The {”Price” field} will be {automatically filled} with the{} {latest} {rate} pTokens BTC (PBTC) was {traded} for. {This can be changed} to your {desired} {rate}. The {”Amount” field} is the {volumen} of PBTC you {want} to {purchase}. The {field with the “Total” tag} is the {total} price in {Bitcoin} that {you will} {settle} for the {whole} {volumen} of PBTC.

{If} {you are} {satisfied}, {make a mouse click} on “Buy PBTC”. Your {order} will be filled {when} a {Seller} {trades} their PBTC for the price you {submitted}.

Step 5 – Withdraw pTokens BTC (PBTC)

Unless {you're}{} trading, {best advise is not to keep your} {coins} on an {Cryptocurrency Exchange} for an {extensive} {period of time}. {To} {take off} your pTokens BTC (PBTC), {go to} the {”Funds” tab} and {mouse click} on “Withdraw”. pTokens BTC (PBTC) can be {stored securely} using a Wallet, {for instance} MyEtherWallet. (MyEtherWallet Setup Guide)

{Find} pTokens BTC (PBTC) by using the {provided} drop-down box. {Put into} the {amount} of pTokens BTC (PBTC) {you'd} {like} to {take off}. {Don't forget} the {shown} {fees/minimums}. Also make sure you have {entered} your {right} withdraw address.

{When} {you are} {satisfied}, {click} “Submit”. You {may} be {requested} for {verfication via phone/email} {ahead of} a {withdrawal}.

Binance Withdraw

{Congratulations}! {You have} successfully {purchased} and {stored} pTokens BTC (PBTC).

That's it!

{Take offs} from {Exchange} can {durate} {anywhere from} 1 – 30 minutes ({depending} on {network usage}). {Once} {you've} {proved} your {withdrawal} {using} {Etherscan.io or Ethplorer.io} and the (PBTC) pTokens BTC is {stored} {in} your wallet, {you are} {all done}.

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