How to Buy BitTorrent (BTT) on CEX.io: A Step-by-Step Guide

Introduction

BitTorrent (BTT) is a popular cryptocurrency token tied to the BitTorrent file-sharing protocol. If you're looking to purchase BTT on CEX.io—a leading crypto exchange that supports credit card payments and bank transfers—this guide will walk you through the process with clear, actionable steps.

Step 1: Sign Up for a CEX.io Account

To begin, you’ll need to create an account on CEX.io. Here’s how:

• Click the Sign-up button on the CEX.io homepage.
• Register using your email address or a social media login (e.g., Facebook, Google).
• Pro Tip: Use a strong password combining numbers, symbols, and uppercase/lowercase letters for security.

👉 Sign up for CEX.io now

Perfect! Your account is now created.

Step 2: Confirm Your Email Address

After signing up:

1. Check your inbox for a verification email from CEX.io.
2. Click the confirmation link within 24 hours to activate your account.

Status: Email confirmed!

Step 3: Complete Identity Verification (KYC)

CEX.io requires identity verification to comply with regulations. Follow these steps:

1. Navigate to Verification under your profile.

2. Submit:

   • Personal information (name, date of birth).
   • Address proof (utility bill, bank statement).
   • ID scans (passport, driver’s license, or national ID).
3. Take a selfie holding your ID document.

Note: Ensure documents are in Latin characters and less than 3 months old.

Awesome! Verification typically takes 1–3 business days.

Step 4: Fund Your Account

CEX.io offers multiple funding options:

• Credit/Debit Card: Instant purchases (VISA/Mastercard).
• Bank Transfer: Minimum $1,000; processing time varies (2–60 days).
• Crypto Deposit: Transfer from another wallet/exchange.

👉 Deposit funds securely

Done! Your account is now funded.

Step 5: Buy BitTorrent (BTT)

To trade BTT:

1. Go to CEX.io Trade.
2. Select the BTT trading pair (e.g., BTT/USD, BTT/BTC).
3. Choose Market (instant) or Limit (set your price) order.
4. Enter the amount and place your order.

Pro Tip: Limit orders often yield better prices than market orders.

Congratulations! You’ve successfully bought BTT.

FAQs

1. How long does CEX.io verification take?

• Typically 1–3 business days, but delays may occur during high demand.

2. What’s the minimum bank transfer amount?

• $1,000 for USD transfers.

3. Can I buy BTT with a credit card?

• Yes! CEX.io supports instant purchases via VISA/Mastercard.

4. Is there a fee for trading BTT?

• Fees vary by transaction type (check CEX.io’s fee schedule).

5. How do I withdraw BTT from CEX.io?

• Navigate to Wallet > Withdraw, enter your external wallet address, and confirm.

Key Takeaways

• Use Limit orders for better price control.
• Keep documents ready for fast verification.
• Monitor transaction fees to optimize costs.

By following this guide, you’ve mastered buying BTT on CEX.io. Happy trading!