How to Buy Augur (REP)

A Step-by-Step-Guide on 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).

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

Your Ethereum or Bitcoin will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is alike. Augur (REP) is available on Binance, so we will use that as an illustration. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Follow this guide)

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

BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etcetera. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be different (Follow these easy steps).

Step 3 – Locate Augur (REP)

Once your deposit has been approved, you will directly have access to your funds and you can commence invest and trading. To purchase Augur (REP) on Binance, you'll want to go to the ”Exchange” tab and then mouse click on “Basic”.

In order to find Augur (REP), you will need to insert the shortname of the coin (REP) into the search-box, which is highlighted in the image. Be certain of having selected the proper grouping, we have highlighted this too. Click on “REP/BTC” to progress.

Binance Hot To Buy Augur (REP)
Binance How to Buy (REP) Augur
Step 4 – Purchase Augur (REP)

After you have found Augur (REP), you will be presented with a Price Chart (in the Center of the image) and some Order Books (on the Left of the picture). And now we're going to create our own Limit Order.

The field with the “Price” tag will be filled with the most latest rate Augur (REP) was sold for. You can change this to your desired price. The ”Amount” field is the volumen of REP you wish to purchase. The field with the “Total” tag is the aggregated price in Bitcoin that you will pay for the complete amount of REP.

When 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're regularly trading, you should never keepyour crypto on an Exchange for an extended time frame. To withdraw your Augur (REP), go to the ”Funds” tab and mouse click on “Withdraw”. Augur (REP) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find Augur (REP) by using the provided drop-down box. Drop in the volumen of Augur (REP) you'd like to take off. Take into account the displayed fees/minimums. Also make sure you have entered your right withdraw address.

If you are glad, make a mouse click on “Submit”. You may be requested for phone/email verification ahead of a withdrawal.

Binance Withdraw

Kudos! You've successfully bought and stored Augur (REP).

That's it!

Withdrawals from Cryptocurrency Exchange can durate between 1 – 30 minutes (rely on network usage). Once you've confirmed your withdrawal using Etherscan.io or Ethplorer.io and the (REP) Augur is safe inside your wallet, you are all done.
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