How to Buy TrueBit (TRUEBIT)

A Step-by-Step-Guide on how to buy TrueBit (TRUEBIT)

Step 1 – Join Coinbase and get 10$ for free

You'll first need to purchase units of the top-tier currencies. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Follow the Link below for registration and to get your welcome $10.

Coinbase Free Bitcoin

Binance Signup
Step 2 – Transfer Your Funds to an Cryptocurrency Exchange

Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is alike. TrueBit (TRUEBIT) is available on Binance, so we're going to use that as an sample. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this how-to)

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

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so on. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our guide).

Step 3 – Find (TRUEBIT) TrueBit

Once your deposit has been verified, you will directly have access to your finances and you can launch buying and trading. To invest in (TRUEBIT) TrueBit on Binance, you will want to go to the tab which is called “Exchange” and click on “Basic”.

To find (TRUEBIT) TrueBit, you will need to put the cointype (TRUEBIT) into the search-box, which is highlighted in the picture. Make sure you have choosen the right grouping, we've highlighted this too. Click on “TRUEBIT/BTC” to proceed.

Binance Hot To Buy TrueBit (TRUEBIT)
Binance How to Buy (TRUEBIT) TrueBit
Step 4 – Purchasing TrueBit (TRUEBIT)

Once you've spotted TrueBit (TRUEBIT), you will be given a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). For now we're going to create our own Limit Order.

The field with the “Price” tag will be filled automatically with the latest valuation TrueBit (TRUEBIT) was sold for. You can change this to your favoured rate. The ”Amount” field is the amount of TRUEBIT you want to purchase. The ”Total” field is the whole price in Bitcoin that you'll pay for the whole amount of TRUEBIT.

If you are glad, click on “Buy TRUEBIT”. Your plan will be filled when a Vender trades their TRUEBIT for the price you submitted.

Step 5 – Withdraw (TRUEBIT) TrueBit

Unless you're frequently trading, never keep your crypto coins on an Crypto Exchange for an extensive time period. In order to take off your (TRUEBIT) TrueBit, hover over the ”Funds” tab and click on “Withdraw”. (TRUEBIT) TrueBit can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find (TRUEBIT) TrueBit by using the provided drop-down box. Enter the amount of (TRUEBIT) TrueBit you would wish to take off. Take into account the shown minimus/fees. Also make sure you have entered your right withdraw address.

When you're satisfied, click on “Submit”. You may be requested for email/phone verification ahead of a withdrawal.

Binance Withdraw

Congrats! You have successfully bought and stored TrueBit (TRUEBIT).

That's it!

Withdrawals from Cryptocurrency Exchange can durate anywhere from 1 – 30 minutes (depending on usage of the network). Once you have confirmed your withdrawal using Ethplorer.io or Etherscan.io and the TrueBit (TRUEBIT) is safe within your wallet, you're all done.