How to Buy Akash Network (AKT)

Step 1 – Join Kraken

You will first need to buy units of the major coins. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Click the button below for registration and to get Ethereum (ETH) or Bitcoin (BTC).

Step 2 – Send Your Funds to an Crypto Exchange

Your Bitcoin or Ethereum has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is identical. Akash Network (AKT) is available on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Crypto Exchange? (Just follow this how-to)

Make sure you've selected the right coin you wish to deposit.

BTC must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, and so forth. In the case you are working with a decentralized exchange, like Airswap or DDEX could be opposed (Follow our guide).

Step 3 – Locate Akash Network (AKT)

Once your deposit has been affirmed, you will directly have access to your funds and you can start invest and trading. To purchase Akash Network (AKT) on Binance, you'll want to hover over the ”Exchange” tab and then mouse click on “Basic”.

In order to discover Akash Network (AKT), you will need to put the cointype (AKT) into the search-box, which is highlighted in the image. Be certain of having choosen the right grouping, we have marked this too. Click on “AKT/BTC” to go on.

Step 4 – Purchasing Akash Network (AKT)

As soon as you have found Akash Network (AKT), you will be presented with a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). For now we're going to make our own Limit Order.

The field with the “Price” tag will be automatically filled with the most recent tariff Akash Network (AKT) was traded for. You can change this to your favoured rate. The ”Amount” field is the quantity of AKT you wish to buy. The field with the “Total” tag is the whole price in BTC that you will settle for the complete quantity of AKT.

When you are glad, make a mouse click on “Buy AKT”. Your order will be filled when a Vendor trades their AKT for the price you submitted.

Step 5 – Withdraw Akash Network (AKT)

Unless you are frequently trading, best advise is not to keep crypto on an Exchange for an extended period of time. To take off your Akash Network (AKT), go to the tab called “Funds” and click on “Withdraw”. Akash Network (AKT) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find Akash Network (AKT) by using the given drop-down box. Enter the amount of Akash Network (AKT) you would wish to take off. Take into account the displayed fees/minimums. Also make sure you have entered your precise withdraw address.

When you are satisfied, click on “Submit”. You could be asked for verfication via email/phone ahead of a take off.