How to Buy Akash Network (AKT)

A Step-by-Step-Guide on how to buy Akash Network (AKT)

Step 1 – Join Kraken

In the beginning you'll need to purchase one of the top-tier currencies. Exchanges commonly accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Click the button below to register and getting Bitcoin or Ethereum.

Binance Signup
Step 2 – Transfer Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Exchange

Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. Akash Network (AKT) is available on Binance, so we're going to use that as an illustration. Unsure on how to send funds from Coinbase to an Crypto Trader? (Follow this guide)

Make sure you have selected the right coin you want to deposit.

Bitcoin must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so on. In the case you are using a decentralized exchange, such as Airswap or DDEX could be different (Just follow our manual).

Step 3 – Find Akash Network (AKT)

Once your deposit has been confirmed, you'll directly have access to your assets and you can begin buying and trading. To invest in Akash Network (AKT) on Binance, you will want to hover over the tab which is called “Exchange” and after that click on “Basic”.

To spot Akash Network (AKT), you'll need to put the shortname of the coin (AKT) into the search box, which is marked in the image. Make sure you have selected the right pairing, we have highlighted this also. Click on “AKT/BTC” to advance.

Binance Hot To Buy Akash Network (AKT)
Binance How to Buy (AKT) Akash Network
Step 4 – Acquisition of Akash Network (AKT)

As soon as you've spotted Akash Network (AKT), you will be presented with a Price Chart (in the Center of the picture) and some Order Books (Leftside of the image). And now we are going to create our own Limit Order.

The ”Price” field will be filled with the most latest price Akash Network (AKT) was sold for. This can be changed to your preferred rate. The ”Amount” field is the volumen of AKT you want to buy. The field with the “Total” tag is the whole price in BTC that you will pay for the complete quantity of AKT.

If you are happy, make a mouse click on “Buy AKT”. Your order will be filled when a Seller trades their AKT for the price you gave.

Step 5 – Withdraw Akash Network (AKT)

Unless you're frequently trading, never keep your crypto coins on an Crypto Exchange for an extensive period of time. In order to withdraw your Akash Network (AKT), hover over the tab called “Funds” and mouse click on “Withdraw”. Akash Network (AKT) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find Akash Network (AKT) by using the provided drop-down box. Drop in the quantity of Akash Network (AKT) you would like to withdraw. Take into account the shown fees/minimums. Also make sure you have filled your correct withdraw address.

When you're glad, click on “Submit”. You may be requested for verfication via phone/email before a withdrawal.

Binance Withdraw

Congratulations! You have successfully bought and stored Akash Network (AKT).

That's it!

Take offs from Exchange can durate anywhere from 1 – 30 minutes (depending on usage of the network). Once you have confirmed your take off with Ethplorer.io or Etherscan.io and the (AKT) Akash Network is stored in your wallet, you are finished.

Some other Guides on How to buy Coins

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