A Step-by-Step-Guide on how to buy WETH (WETH)
Step 1 – Join Coinbase and receive 10$ in Bitcoin You will first need to buy one of the major coins. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Click the button below for registration and to get Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Send Your Bitcoin or Ethereum to an Cryptocurrency Exchange Your Bitcoin or Ethereum has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is alike. WETH (WETH) is accessible on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Exchange? (Follow this manual) Make sure you've chosen the precise coin you want to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, etc. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be different (Just follow our how-to).
Step 3 – Locate (WETH) WETH Once your deposit has been verified, you'll directly have access to your finances and you can launch purchasing and trading. To buy (WETH) WETH on Binance, you'll want to go to the “Exchange” tab and after that click on “Basic”. In order to spot WETH (WETH), you'll need to put the cointype (WETH) into the search-box, which is highlighted in the graphic. Make sure you have selected the proper pairing, we have marked this too. Click on “WETH/BTC” to continue.
Step 4 – Purchase WETH (WETH) As soon as you've found (WETH) WETH, you will be presented with a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the picture). For now we are going to make our own Limit Order. The field with the “Price” tag will be filled automatically with the up-to-date valuation (WETH) WETH was traded for. This can be changed to your desired price. The field with the “Amount” tag is the quantity of WETH you wish to buy. The “Total” field is the total price in Bitcoin that you will settle for the whole quantity of WETH. If you are glad, click on “Buy WETH”. Your order will be filled when a Vendor trades their WETH for the price you gave.
Step 5 – Withdraw WETH (WETH) Unless you're trading, never keep your crypto on an Exchange for an longer period of time. In order to take off your WETH (WETH), go to the “Funds” tab and mouse click on “Withdraw”. (WETH) WETH can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate WETH (WETH) by using the given drop-down box. Drop in the volumen of WETH (WETH) you'd wish to take off. Take into account the shown fees/minimums. Also make sure you have entered your right withdraw address. When you're satisfied, click “Submit”. You could be requested for phone/email verification ahead of a withdrawal.