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 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Trader

Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Exchange now. Every exchange has a deposit form that is similar. tBTC (TBTC) is accessible on Binance, so we will use that as an illustration. Unsure on how to send Coinbase funds to an Crypto Trader? (Just follow this guide)

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

BTC must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, and so forth. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be different (Follow our manual).

Step 3 – Locate tBTC (TBTC)

Once your deposit has been verified, you will now have access to your funds and you can initiate purchasing and trading. To invest in tBTC (TBTC) on Binance, you will want to hover over the ”Exchange” tab and after that click on “Basic”.

In order to discover tBTC (TBTC), you will need to put the cointype (TBTC) into the search box, which is highlighted in the image. Make sure you have choosen the right pairing, we've marked this also. Click on “TBTC/BTC” to progress.

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

Once you have found tBTC (TBTC), you will be presented with a Price Chart (in the Center of the image) and a few Order Books (Leftside of the picture). And now we're going to make our own Limit Order.

The ”Price” field will be filled with the most up-to-date valuation tBTC (TBTC) was sold for. This can be changed to your favoured rate. The ”Amount” field is the amount of TBTC you wish to purchase. The ”Total” field is the aggregated price in Bitcoin that you'll settle for the complete amount of TBTC.

When you are glad, click on “Buy TBTC”. Your order will be filled when a Vender trades their TBTC for the price you submitted.

Step 5 – Withdraw tBTC (TBTC)

Unless you are regularly trading, never keep your coins on an Crypto Trader for an extensive time frame. In order to withdraw your tBTC (TBTC), hover over the ”Funds” tab and click on “Withdraw”. tBTC (TBTC) can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate tBTC (TBTC) by using the provided drop-down box. Put into the volumen of tBTC (TBTC) you would wish to take off. Don't forget the presented fees/minimums. Also make sure you have filled your correct withdraw address.

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

Binance Withdraw

Congratulations! You have successfully bought and safed tBTC (TBTC).

That's it!

Take offs from Cryptocurrency Exchange can take anywhere from 1 – 30 minutes (depending on network usage). Once you've confirmed your take off with Etherscan.io or Ethplorer.io and the (TBTC) tBTC is stored within your wallet, you're all done.

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