Where to Buy Bytom (BTM)

Bytom (BTM)

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How to Buy Bytom (BTM)

The team behind Bytom is looking to use blockchain technology to connect the physical world with the digital world even further. The main idea behind Bytom is it offers real-world conversion of atomic assets into digital assets.

 

What does that mean?

This means entities will be able to securely transfer physical assets on the blockchain using smart contracts, making the monetary exchange of physical things easy. Some of the physical assets they anticipate exchanging include:

  • Loans
  • Debt
  • Securities
  • Dividends and more

 

Dubbed the “Chinese Bitcoin,” Bytom looks promising to large companies or investor firms who wish to do business on a global scale. Let’s figure out how to buy into Bytom.

Create A Coinbase Account

Before buying BTM, you will first need to start by purchasing Bitcoin or Ethereum from Coinbase. If you can’t get into Coinbase, try Coinmama — the process will be the same. If you’ve already got a wallet with BTC or ETH in it, that’s great! Skip ahead to the next step.

Create A Kucoin.io Account

We need BTC or ETH in order to purchase other coins in a cryptocurrency marketplace. There are a few options available for BTM, but today we’ll be using Kucoin. Open up a Kucoin account and proceed to step 3.

Transfer BTC or ETH to Kucoin

The following steps outline how we’re going to transfer our BTC or ETH from our Coinbase wallet to our Kucoin wallet. It may seem complicated, but the steps are simple:

  • Select “Wallets” on Kucoin.io
  • Locate “BTC” or “ETH”
  • Tap on “Deposit”
  • Select and copy the address (what we call the address string)
  • Find your way back to Coinbase
  • Select the “Accounts” label on Coinbase
  • Locate  your BTC or ETH wallet & select “Send”
  • Move the Kucoin wallet address into the Coinbase recipient address bar
  • Fill out the desired amount and tap send!

If you’re stuck on this step, below are some screenshots that help describe the process using ETH as an example:

Buy Bytom (BTM) on Kucoin

Perfect, you have successfully moved your BTC or ETH to your Kucoin wallet. Now it’s time to purchase some BTM. Look for the “Markets” tab and search for the BTC/BTM or ETH/BTM market. Once you’ve found the correct market, decide on your price per coin, the amount of them you want, and then finalize that purchase!

If you’re confused by this step, below is a screenshot that illustrates the components of the page:

Decide & Stash Away

Congrats, you have successfully purchased some BTM! You are now free to go back to the marketplace to purchase other coins, or let your cryptos sit in your wallet. This is a you decision.

 

Am I done?

You are! We hope you found this tutorial helpful, but we understand if you still need some help with the process. Please feel free to send us any questions in the chat window to your right.

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