What is BTT?
BTT was originally traded on January 31, 2019. Its total supply is 990,000,000,000. Ranked 11th among the top 100 cryptocurrencies on Coinmarketcap as of now.
BTT is listed on many cryptocurrency exchanges, and unlike other major cryptocurrencies, it cannot be purchased directly with fiat currency. However, you can still easily buy this coin by first Bitcoin coin and then transferring to an exchange that offers trading in that coin, in this guide article we will go into details on buying BTT.
Where to Buy Btt Crypto?
Step 1: Register on Coinbase
You must first buy a major cryptocurrency, in this case Bitcoin (BTC). In this article, we will cover how to buy Bitcoin through Coinbase.
Coinbase is also one of the largest cryptocurrency exchanges that accepts fiat deposits.
Step 2: In fiat currency BTC
After completing the KYC process, you will be asked to add a payment method. Here you can choose to provide a credit/debit card or use bank transfer. You’ll be charged a higher fee when using the card, but you’ll also make purchases instantly. While bank transfers will be cheaper but slower depending on the country you live in, some countries offer instant cash deposits with low fees, such as iDeal in some European countries.
Now that you are ready, click the “Transaction” button in the upper left corner, select Bitcoin and confirm your transaction. Congratulations! You have just purchased your first cryptocurrency.
Step 3: Transfer BTC to Altcoin exchange
But we are not done yet, because BTT is an altcoin, we need to transfer our BTC to a BTT exchange, here we will use Binance as our exchange. Binance is a popular exchange for trading altcoins, and it has a large number of tradable altcoin pairs. Register your new account using the link below.
Binance is a popular cryptocurrency exchange that started in China but has since moved its headquarters to the EU’s crypto-friendly Island of Malta. Binance is popular for its crypto-to-crypto exchange service. Binance exploded in the frenzy of 2017 and has since become the top cryptocurrency exchange in the world.
Following a similar process done by Coinbase, we recommend that you also set up 2FA authentication and complete it as it adds extra security to your account.
Step 4: Deposit BTC currency exchange
Depending on the exchange’s policy, you may need to perform another KYC procedure, which usually takes anywhere from 30 minutes to a maximum of several days. Although the process should be straightforward and easy to follow. Once done, you should have full access to the exchange wallet.
If this is your first crypto deposit, the screen here might look a little intimidating. Don’t worry though, it’s basically simpler than a bank transfer. In the box on the right, you’ll see a random string of numbers that says “BTC address”, this is the only public address of your BTC wallet on Binance, you can access this address by giving it to the person sending you funds Come to BTC. Since we are now transferring previously purchased BTC on Coinbase to this wallet, please click “Copy Address” or right click on the full address and click “Copy” to copy this address to the clipboard.
Now go back to Coinbase, go to the portfolio page and click on BTC, then “Send” on the right.
Under the “To” field, paste the wallet address into the clipboard, for security you should always check that the two addresses match. Some computer malware has been known to change the contents of the clipboard to another wallet address and you will actually be sending funds to others.
Click “Send” to continue, you should immediately receive a confirmation email, click the confirmation link in the email and your coins will flow to Binance!
Now go back to Binance and head to your exchange wallet, don’t worry if you don’t see your deposit here. It may still be verified in the blockchain network and your coins should take a few minutes to arrive. Network traffic conditions on the Bitcoin network, which may take longer during busy periods.
Once your BTC arrives, you should receive it from Binance and you can finally buy BTT now!
Step 5: Trade BTT
Go back to Binance and go to “Exchange”. Prosperity! What a great view! The numbers that keep flicking can be a little intimidating, but relax and let’s get to that.
In the right column there is a search bar, now make sure BTC” as we are trading a BTC to altcoin pair. Click on it and enter “BTT” and you should see BTT/BTC, select that pair and you should be In the middle of the page BTT/BTC
Below is a box with a green button that says “Buy BTT”, inside the box, select the “Market” tab, as this is the most direct type of buy order. You can either enter your amount or click “Buy BTT” after confirming everything by clicking the percentage button. Voila! You finally bought BTT!
In addition to the aforementioned exchanges, there are some popular cryptocurrency exchanges with decent daily trading volumes and large user bases. This will ensure that you will be able to sell your coins at any time and the fees will generally be lower. It is recommended that you sign up for these exchanges as well, because once BTT, it will attract a lot of trading volume from users there, which means you will have a lot of trading opportunities!
The information provided by WebsCrypto does not represent any investment suggestion. The articles published on this site only represent personal opinions and have nothing to do with the official position of WebsCrypto.