How to Buy CUTcoin (CUT)

A Step-by-Step-Guide on how to buy CUTcoin (CUT)

Step 1 – Join Coinbase and receive 10$ in Bitcoin

You will first need to purchase units of the top-tier currencies. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Click below for registration and to get Bitcoin or Ethereum.

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

Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Exchange now. All exchanges have a deposit form that is alike. CUTcoin (CUT) is obtainable on Binance, so we're going to use that as an sample. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Follow this how-to)

Make sure you have selected the exact coin you wish to deposit.

BTC must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etc. If you are working with a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our manual).

Step 3 – Locate CUTcoin (CUT)

As soon as your deposit has been verified, you will directly have access to your funds and you can commence invest and trading. To purchase (CUT) CUTcoin on Binance, you'll want to go to the tab which is called “Exchange” and then click on “Basic”.

To locate CUTcoin (CUT), you will need to put the shortname of the coin (CUT) into the search-box, which is marked in the graphic. Make sure you have selected the correct pairing, we have marked this also. Click on “CUT/BTC” to progress.

Binance How To Buy 1 CUTcoin (CUT)
Step 4 – Acquisition of (CUT) CUTcoin

Once you have found (CUT) CUTcoin, you'll be presented with a Price Chart (in the Center of the picture) and some Order Books (on the Left of the picture). Next we are going to create our own Limit Order.

The field with the “Price” tag will be filled with the most up-to-date price (CUT) CUTcoin was traded for. You can change this to your favoured rate. The “Amount” field is the amount of CUT you wish to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you'll settle for the complete quantity of CUT.

When you're happy, make a mouse click on “Buy CUT”. Your order will be filled as soon as a Seller sells their CUT for the price you offered.

Step 5 – Withdraw (CUT) CUTcoin

Unless you're trading, best advise is not to keep your crypto coins on an Crypto Exchange for an longer period of time. In order to withdraw your CUTcoin (CUT), hover over the tab called “Funds” and click on “Withdraw”. (CUT) CUTcoin can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate CUTcoin (CUT) by using the given drop-down box. Put into the amount of (CUT) CUTcoin you'd wish to take off. Take into account the demonstrated fees/minimums. Also make sure you have filled your right withdraw address.

If you're satisfied, click “Submit”. You could be requested for verfication via phone/email ahead of a withdrawal.

Congrats! You've successfully purchased and safed CUTcoin (CUT).

That's it!

Withdrawals from Cryptocurrency Exchange can take between 1 – 30 minutes (rely on usage of the network). Once you've proved your withdrawal with Etherscan.io or Ethplorer.io and the CUTcoin (CUT) is safe in your wallet, you are all done.