
How to buy Bytom

1. Compare crypto exchanges
The easiest way to buy Bytom is from a cryptocurrency exchange. Comparing in the table below lets you find one with the features you want such as low fees, ease of use or 24-hour customer support.

2. Create an account
To create an account on an exchange you will need to verify your email address and identity. Have some photo ID and your phone ready.

3. Make a deposit
Once verified, you can deposit $ using the payment method that best suits you – bank transfer, cryptocurrency, ideal and paypal payments are widely accepted.

4. Buy Bytom
You can now exchange your funds for Bytom. On easier-to-use exchanges, this is as easy as entering the amount you want to purchase and clicking buy. If you like you can now withdraw your Bytom to your personal wallet.
Where to buy Bytom in Singapore
Find an exchange to buy, sell and trade BTM by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the provider.
Steps on how to buy Bytom
Look for an exchange that supports both fiat and cryptocurrency to simplify buying Bytom.
- Compare cryptocurrency exchanges that supports BTM.
Cryptocurrency exchanges differ by fees, security and payment methods, so you'll need to research which is the right fit for you. As a beginner, you don't need a big range of features, and you can always change exchanges later. - Create an account on an exchange.
You can sign up for an account by selecting the Go to site button. This will take you to the account creation page, where you can fill in your details, starting with your name and email address.. - Deposit funds into your account.
Fund your account with a bank transfer, pay with a credit or debit card or deposit cryptocurrency from a crypto wallet to buy Bytom. - Buy Bytom.
Complete your Bytom purchase and then find the best wallet to store BTM.
What to consider when buying Bytom
Cryptocurrencies are not only highly volatile, they’re also quite complicated. There are myriad factors that can influence the price movements of different digital coins and tokens, so it’s essential that you do your own research before deciding whether or not you should buy.
If you’re thinking of purchasing any BTM, remember to consider the following factors:
- Use-case: As the native asset of the Bytom blockchain, Bytom Coins represent both right of ownership of the Bytom platform and the right to use it. BTM can be used to pay transaction fees for asset trading, pay dividends of income assets and as deposits for asset issuance. The maximum supply is capped at 2.1 billion tokens.
- Partnerships: As the space for independent blockchains becomes more competitive, the necessity for major partnerships is extremely important. Adoption, use-case and development of blockchains can all be highly influenced by inking a major deal. For example, Bytom’s 2021 partnership with Moonstake was a major factor in Bytom moving to a Proof-of-Stake consensus mechanism.
- Development team: Bytom is led by Chang Jia, the founder of Chinese crypto news site 8btc, and former OKCoin president Duan Xinxing.
- Bytom 2.0: The Bytom team upgraded from a proof-of-work to proof-of-stake model in order to enhance economic security and become more entrenched in the DeFi ecosystem. They outlined the transition by updating their whitepaper, which can be accessed on their website.
How to sell Bytom
You can cash out your BTM with the same exchange you bought it through:
- Sign in to the exchange you have BTM on.
If you store your Bytom in a digital wallet, compare crypto exchanges to sell it on. - Place a sell order.
Choose the amount of BTM you'd like to sell. - Complete your transaction.
Confirm the sell price and fees and close your sale of Bytom.
Disclaimer: Cryptocurrencies, including Bytom, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of BTM is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the Bytom or any other cryptocurrency discussed.
More guides on Finder
-
ADAPad (ADAPAD) price, chart, coin profile and news
This guide provides step-by-step instructions on how to buy ADAPad, lists some exchanges where you can get it and provides daily price data on ADAPAD.
-
Paribus (PBX) price, chart, coin profile and news
This guide provides step-by-step instructions on how to buy Paribus, lists some exchanges where you can get it and provides daily price data on PBX.
-
Fodl Finance (FODL) price, chart, coin profile and news
This guide provides step-by-step instructions on how to buy Fodl Finance, lists some exchanges where you can get it and provides daily price data on FODL.
-
JET (JET) price, chart, coin profile and news
This guide provides step-by-step instructions on how to buy JET, lists some exchanges where you can get it and provides daily price data on JET.
-
Cardstarter (CARDS) price, chart, coin profile and news
This guide provides step-by-step instructions on how to buy Cardstarter, lists some exchanges where you can get it and provides daily price data on CARDS.
-
Nominex (NMX) price, chart, coin profile and news
This guide provides step-by-step instructions on how to buy Nominex, lists some exchanges where you can get it and provides daily price data on NMX.
-
Router Protocol (ROUTE) price, chart, coin profile and news
This guide provides step-by-step instructions on how to buy Router Protocol, lists some exchanges where you can get it and provides daily price data on ROUTE.
-
Loom Network (OLD) (LOOMOLD) price, chart, coin profile and news
This guide provides step-by-step instructions on how to buy Loom Network (OLD), lists some exchanges where you can get it and provides daily price data on LOOMOLD.
-
StarTerra (STT) price, chart, coin profile and news
This guide provides step-by-step instructions on how to buy StarTerra, lists some exchanges where you can get it and provides daily price data on STT.
-
SafeCoin (SAFE) price, chart, coin profile and news
This guide provides step-by-step instructions on how to buy SafeCoin, lists some exchanges where you can get it and provides daily price data on SAFE.
Ask Finder