How to buy Credo with Bitcoin and Sell Credo for Bitcoin

How to buy Credo with Bitcoin and sell Credo for Bitcoin

 

CredoEx now supports buying Credo with Bitcoin and selling Credo for Bitcoin.

 

Buying Credo with Bitcoin:

 

In order to buy Credo with Bitcoin you must first deposit Bitcoin into your CredoEx account from an external wallet like myetherwallet.

 

You can do this by clicking on the wallet tab.

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Then selecting BTC from the deposit section dropdown, clicking on the generate address button, and copying the deposit address that was generated.



Once you have generated a Bitcoin deposit address and copied it you can paste it in the “send to” field of you external wallet like myetherwallet or another exchange to send Bitcoin from that wallet to your CredoEx wallet.

 

Note: Ensure you have generated a Bitcoin deposit address and ensure you are sending Bitcoin to this deposit address from your external wallet or you will LOSE YOUR BITCOIN and it cannot be recovered.

 

Note: BTC deposits take up to 60 minutes or more and are confirmed after 3 blockchain confirmations.

 

You can then buy Credo using the Bitcoin you have deposited by clicking on the “Trades” tab, selecting the CREDO/BTC market, and creating a market or limit buy order in the buy field.


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Selling your Credo for Bitcoin:

 

In order to sell your Credo for Bitcoin you must first have Credo in your CredoEx account. You can do this by earning Credo on BitBounce by getting paid to receive emails from recipients you don’t know or by depositing Credo into your CredoEx account from an external wallet like myetherwallet. You can also purchase Credo using other currencies like Bitcoin as described above.

 

To deposit Credo into your CredoEx account click on the wallets tab.



Then select Credo from the deposit drop down and click generate address and copy the generated CREDO address.



Once you have generated and copied the CREDO deposit address, paste it in the “Send to” field in your external wallet and send Credo from your external wallet to your CredoEx wallet.

 

Note: Please ensure that you have generated a CREDO address and you are sending CREDO to this address from an external wallet. If you generate an address for another currency or send another currency to the CREDO address you WILL LOSE THOSE TOKENS.

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You can then sell the Credo you’ve deposited for Bitcoin by clicking on the “Trades” tab, selecting the CREDO/BTC market and carrying out a market or limit buy order in the sell field.

 

A couple of important notes for CredoEx's support of Bitcoin:

  • Ensure you have generated a Bitcoin deposit address and ensure you are sending Bitcoin to this deposit address from your external wallet or you will LOSE YOUR BITCOIN and it cannot be recovered.
  • BTC deposits take up to 60 minutes or more and are confirmed after 3 blockchain confirmations.

 

 



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