How & Where to Buy The Tokenized Bitcoin A Step-by-Step Guide to Buying imBTC

No exchanges offer The Tokenized Bitcoin imBTC for direct purchase using cash.

To buy The Tokenized Bitcoin, you will complete a simple three step process:

1. Buy Ether ETH at a trusted crypto marketplace.
2. Send your new ETH to your Metamask Wallet.
3. Connect Metamask to 1inch.io and swap ETH for imBTC.

Keep reading to get the simple to follow step-by-step instructions.

1. Step 1Trade Cash For Crypto If you already own ETH you want to trade, skip this step and go directly to step two.

   If you don't currently own crypto, then the first step is to get some. In this step you will be buying some Ether ETH. You are buying Ether because you can directly swap it for imBTC in step 3.

   This will reduce fees by requiring only one trade: ETH for imBTC

   Click the "Visit Binance.US" button below to sign up at Binance.US — our favorite place for beginners to make their first crypto purchase.

   • 

     

     Binance.US

     Ease of use

     Easy

     Time to 1st Buy

     24 hrs

     24h Volume

     $27,986,487

     Coins

     58

     Founded in 2019 as the USA-focused branch of the Binance family of exchanges, Binance.US supports trading in over 50 cryptocurrencies, and has the same industry standard low 0.1% fees as the original international Binance exchange. American users can buy crypto directly with a debit card, but Binance.US is not available in 7 states including New York & Texas.

     VisitBinance.US Read Review

   After you sign up for Binance.US, complete the steps on the website to fund your account and complete your first purchase of ETH.

2. STEP 2Send Ether to a Crypto Wallet

   Now that you have ETH in your Binance.US exchange account you need to send it to an Ethereum-compatible wallet.

   How to Set Up Metamask

   1. Visit Metamask.io
   2. Download the browser extention for Chrome on desktop or the Metamask app for iOS or Android.
   3. Complete the wallet set up process taking special precaution to record your Secret Recovery Seed Phrase. You will lose your funds forever if you lose access to your wallet and can't recover it with your backup recovery phrase.

   How to send Ether (ETH) to Metamask

   1. Copy your new Metamask wallet address by clicking "Receive" and then click "Copy."
   2. Navigate to your Binance.US wallet and click "Withdraw" on your Ether balance.
   3. Paste in the Metamask wallet address you copied earlier.
   4. Double check the address you pasted vs the address in your Metamask to make sure no copy/paste errors occurred.
   5. Once you're 100% satisfied that the addresses match, "withdraw" your ETH from Binance.US.

   Now that you have your Metamask wallet set up, let's move on to buying some The Tokenized Bitcoin.

3. STEP 3Connect Metamask to a Price Aggregator

   Now that you have ETH in your Metamask wallet, you will find the best price to buy imBTC.

   How to Find the Best Price for The Tokenized Bitcoin

   There are many decentralized exchanges on Ethereum where you can buy The Tokenized Bitcoin. You could simply pick one of them and use it and hope that it's the best price. Or you could use a decentralized exchange (DEX) aggregator to find the best price possible without having to compare each one manually. A DEX aggregator like 1inch.io uses the power of open defi programs to compare prices across all marketplaces and offer you the ability to automatically execute that trade directly through 1inch.io. 1inch saves you time and money by automatically choosing the best price.

   Best The Tokenized Bitcoin (imBTC) Exchange Aggregator

   • 

     

     1inch

     ETH

     Ease of use

     Very Easy

     Time to 1st Buy

     3 mins

     24h Volume

     $478,006,534

     Coins

     200k+

     1inch is a site that searches across all decentralized exchanges in the Ethereum, Binance Smart Chain, and Polygon networks for the best price on any token you wish to buy. It launched in 2021 and uses the CHI gas token to save up to 42% on gas fees. Simple to use and saves time and money.

     Visit1inch

   Copy the token address below and paste it into 1inch to add imBTC.

   0x3212b29E33587A00FB1C83346f5dBFA69A458923

   Once you have added imBTC into the "You receive" box, click "SWAP Token" and confirm the transaction in Metamask.

That's all you need to do to buy The Tokenized Bitcoin.

How do I add imBTC to Metamask?

To see your newly purchased imBTC in your Metamask wallet, click "Add Token" and copy the imBTC contract address 0x3212b29E33587A00FB1C83346f5dBFA69A458923 into the Custom Token Contract Address field. You will now see your imBTC balance in Metamask and be able to send, receive, and trade it.