How to Buy Augur (REP)

Step 1 – Signup to Kraken

In the beginning you'll need to buy units of the major currencies. Exchanges normally accept either Bitcoin or Ethereum in exchange for Altcoins. Click the button below for registration and receive Ethereum (ETH) or Bitcoin (BTC).

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

Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Exchange now. Every exchange has a deposit form that is identical. Augur (REP) is accessible on Binance, so we will use that as an illustration. Not sure on how to send Coinbase funds to an Exchange? (Follow these easy steps)

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

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, et cetera. If you are working with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our how-to).

Step 3 – Locate Augur (REP)

Once your deposit has been approved, you'll directly have access to your assets and you can start buying and trading. To buy Augur (REP) on Binance, you'll want to go to the ”Exchange” tab and then click on “Basic”.

To spot Augur (REP), you'll need to put the short name of the asset (REP) into the search-box, which is highlighted in the picture. Make sure you have choosen the right grouping, we've marked this also. Click on “REP/BTC” to progress.

Step 4 – Purchase Augur (REP)

After you have located Augur (REP), you will be given a Price Chart (in the Center of the image) and a few Order Books (Leftside of the picture). For now we're going to create our own Limit Order.

The field with the “Price” tag will be filled automatically with the most up-to-date valuation Augur (REP) was sold for. This can be changed to your desired rate. The field with the “Amount” tag is the quantity of REP you wish to buy. The ”Total” field is the total price in BTC that you will settle for the complete volumen of REP.

If you're satisfied, make a mouse click on “Buy REP”. Your plan will be filled when a Seller trades their REP for the price you introduced.

Step 5 – Withdraw Augur (REP)

Unless you are frequently trading, you should never keepyour crypto on an Exchange for an extensive time period. To withdraw your Augur (REP), hover over the ”Funds” tab and click on “Withdraw”. Augur (REP) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find Augur (REP) by using the provided drop-down box. Put into the quantity of Augur (REP) you'd wish to withdraw. Don't forget the displayed minimus/fees. Also make sure you have filled your precise withdraw address.

If you're glad, click on “Submit”. You could be asked for email/phone verification before a take off.