How to Buy The Tokenized Bitcoin (IMBTC)

A Step-by-Step-Guide on how to buy The Tokenized Bitcoin (IMBTC)

Step 1 – Join Coinbase and receive 10$ in Bitcoin

You'll first need to buy one of the bigger coins. Exchanges commonly accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Click below for registration and getting Bitcoin or Ethereum.

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

Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. The Tokenized Bitcoin (IMBTC) is obtainable on Binance, so we will use that as an illustration. Unsure on how to send funds from Coinbase to an Crypto Trader? (Follow this guide)

Make sure you've selected the correct coin you want to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, etcetera. In the case you are dealing with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our guide).

Step 3 – Find (IMBTC) The Tokenized Bitcoin

Once your deposit has been confirmed, you'll instantly have access to your finances and you can begin buying and trading. To invest in The Tokenized Bitcoin (IMBTC) on Binance, you'll want to go to the “Exchange” tab and then mouse click on “Basic”.

In order to find (IMBTC) The Tokenized Bitcoin, you'll need to put the cointype (IMBTC) into the search-box, which is marked in the image. Make sure you have choosen the correct grouping, we have highlighted this also. Click on “IMBTC/BTC” to continue.

How to buy Coin on Binance 1 The Tokenized Bitcoin (IMBTC)
Step 4 – Purchasing The Tokenized Bitcoin (IMBTC)

After you have spotted (IMBTC) The Tokenized Bitcoin, you'll be given a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the image). And now we are making our Limit Order.

The field with the “Price” tag will be automatically filled with the most latest tariff (IMBTC) The Tokenized Bitcoin was traded for. You can change this to your preferred rate. The field with the “Amount” tag is the quantity of IMBTC you like to purchase. The field with the “Total” tag is the aggregated price in BTC that you'll settle for the complete amount of IMBTC.

When you're glad, click on “Buy IMBTC”. Your plan will be filled when a Seller sells their IMBTC for the price you gave.

Step 5 – Withdraw (IMBTC) The Tokenized Bitcoin

Unless you're regularly trading, best advise is not to keep crypto coins on an Crypto Exchange for an extensive time period. To take off your The Tokenized Bitcoin (IMBTC), hover over the tab called “Funds” and mouse click on “Withdraw”. (IMBTC) The Tokenized Bitcoin can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate (IMBTC) The Tokenized Bitcoin by using the provided drop-down box. Put into the volumen of (IMBTC) The Tokenized Bitcoin you'd like to take off. Don't forget the presented minimus/fees. Also make sure you have filled your precise withdraw address.

When you are happy, click on “Submit”. You could be asked for verfication via phone/email before a withdrawal.

Kudos! You have successfully bought and safed (IMBTC) The Tokenized Bitcoin.

That's it!

Take offs from Cryptocurrency Exchange can durate anywhere from 1 – 30 minutes (rely on usage of the network). Once you have confirmed your withdrawal with Ethplorer.io or Etherscan.io and the The Tokenized Bitcoin (IMBTC) is safe inside your wallet, you're done.