How to Buy tBTC (TBTC)

A Step-by-Step-Guide on how to buy tBTC (TBTC)

Step 1 – Join Kraken

You'll first need to purchase units of the bigger coins. Exchanges normally accept either Ethereum or Bitcoin in exchange for Altcoins. Follow the Link below to register and getting ETH (Ethereum) or BTC (Bitcoin).

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

Your Ethereum or Bitcoin will need to be sent over to an Exchange now. All exchanges have a deposit form that is identical. tBTC (TBTC) is available on Binance, so we're going to use that as an sample. Not sure on how to send Coinbase funds to an Exchange? (Just follow this manual)

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

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so on. If you're working with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our how-to).

Step 3 – Locate tBTC (TBTC)

As soon as your deposit has been approved, you will now have access to your finances and you can begin purchasing and trading. To buy tBTC (TBTC) on Binance, you will want to hover over the ”Exchange” tab and then click on “Basic”.

To discover tBTC (TBTC), you will need to insert the short name of the asset (TBTC) into the search-box, which is highlighted in the image. Make sure you have choosen the right grouping, we have highlighted this also. Click on “TBTC/BTC” to proceed.

Binance Hot To Buy tBTC (TBTC)
Binance How to Buy (TBTC) tBTC
Step 4 – Buying tBTC (TBTC)

After you have discovered tBTC (TBTC), you will be presented with a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). And now we're creating our own Limit Order.

The field with the “Price” tag will be filled with the recent valuation tBTC (TBTC) was traded for. You can change this to your favoured price. The ”Amount” field is the volumen of TBTC you wish to buy. The ”Total” field is the aggregated price in Bitcoin that you'll pay for the complete volumen of TBTC.

When you are satisfied, click on “Buy TBTC”. Your order will be filled when a Seller sells their TBTC for the price you submitted.

Step 5 – Withdraw tBTC (TBTC)

Unless you're regularly trading, you should never keepyour crypto coins on an Crypto Trader for an extended time period. In order to withdraw your tBTC (TBTC), hover over the tab called “Funds” and click on “Withdraw”. tBTC (TBTC) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate tBTC (TBTC) by using the given drop-down box. Drop in the quantity of tBTC (TBTC) you'd wish to withdraw. Don't forget the shown fees/minimums. Also make sure you have filled your right withdraw address.

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

Binance Withdraw

Congrats! You have successfully bought and stored tBTC (TBTC).

That's it!

Take offs from Crypto Trader can durate anywhere from 1 – 30 minutes (depending on usage of the network). Once you have proved your withdrawal using Ethplorer.io or Etherscan.io and the (TBTC) tBTC is stored in your wallet, you are done.

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