A Step-by-Step-Guide on how to buy xBTC (XBTC)
Step 1 – Signup to Coinbase – Get Free $10 You will first need to buy units of the bigger coins. Exchanges commonly accept either Ethereum or Bitcoin in exchange for Altcoins. Click the button below for registration and getting your welcome 10$.
Step 2 – Transmit Your Bitcoin or Ethereum to an Crypto Exchange Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. xBTC (XBTC) is available on Binance, so we're going to use that as an example. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Follow this how-to) Make sure you have chosen the precise coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so on. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be different (Follow our guide).
Step 3 – Find (XBTC) xBTC Once your deposit has been confirmed, you'll immediately have access to your finances and you can launch invest and trading. To purchase (XBTC) xBTC on Binance, you'll want to go to the ”Exchange” tab and mouse click on “Basic”. To discover (XBTC) xBTC, you'll need to insert the cointype (XBTC) into the search box, which is highlighted in the picture. Make sure you have selected the correct pairing, we have highlighted this too. Click on “XBTC/BTC” to advance.
Step 4 – Acquisition of (XBTC) xBTC Once you've spotted (XBTC) xBTC, you'll be presented with a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). Next we are creating our Limit Order. The field with the “Price” tag will be filled automatically with the up-to-date tariff (XBTC) xBTC was traded for. This can be changed to your desired price. The ”Amount” field is the quantity of XBTC you want to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you'll pay for the complete quantity of XBTC. If you are glad, click on “Buy XBTC”. Your order will be filled when a Seller sells their XBTC for the price you submitted.
Step 5 – Withdraw (XBTC) xBTC Unless you're trading, you should never keepyour crypto coins on an Crypto Exchange for an extended time period. To withdraw your (XBTC) xBTC, go to the tab called “Funds” and click on “Withdraw”. (XBTC) xBTC can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find (XBTC) xBTC by using the given drop-down box. Drop in the quantity of (XBTC) xBTC you'd like to withdraw. Don't forget the shown fees/minimums. Also make sure you have entered your correct withdraw address. If you're glad, make a mouse click on “Submit”. You may be asked for verfication via phone/email ahead of a withdrawal.