A Step-by-Step-Guide on how to buy Aave KNC (AKNC)
Step 1 – Signup to Kraken In the beginning you'll need to buy units of the bigger coins. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Follow the Link below to register and receive Bitcoin or Ethereum.
Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Cryptocurrency Exchange Your Ethereum or Bitcoin will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is identical. Aave KNC (AKNC) is accessible on Binance, so we will use that as an example. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this how-to) Make sure you've selected the correct coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, etc. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be unlike (Follow these easy steps).
Step 3 – Find Aave KNC (AKNC) Once your deposit has been verified, you will instantly have access to your funds and you can initiate buying and trading. To buy Aave KNC (AKNC) on Binance, you'll want to go to the tab which is called “Exchange” and then click on “Basic”. In order to spot Aave KNC (AKNC), you will need to insert the shortname of the coin (AKNC) into the search box, which is marked in the image. Be certain of having selected the right grouping, we have highlighted this also. Click on “AKNC/BTC” to go ahead.
Step 4 – Purchasing Aave KNC (AKNC) Once you have found Aave KNC (AKNC), you'll be given a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). Next we're creating our own Limit Order. The field with the “Price” tag will be filled automatically with the most recent tariff Aave KNC (AKNC) was traded for. This can be changed to your desired price. The field with the “Amount” tag is the quantity of AKNC you like to purchase. The field with the “Total” tag is the whole price in Bitcoin that you will settle for the complete quantity of AKNC. If you are satisfied, make a mouse click on “Buy AKNC”. Your plan will be filled when a Vender trades their AKNC for the price you submitted.
Step 5 – Withdraw Aave KNC (AKNC) Unless you are frequently trading, best advise is not to keep crypto on an Crypto Exchange for an extended time period. In order to take off your Aave KNC (AKNC), hover over the ”Funds” tab and click on “Withdraw”. Aave KNC (AKNC) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Aave KNC (AKNC) by using the provided drop-down box. Put into the amount of Aave KNC (AKNC) you'd like to withdraw. Take into account the demonstrated fees/minimums. Also make sure you have entered your right withdraw address. If you're happy, make a mouse click on “Submit”. You may be asked for phone/email verification ahead of a withdrawal.