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).
Step 2 – Transfer Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Trader Your Bitcoin or Ethereum will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is identical. Augur (REP) is accessible on Binance, so we will use that as an sample. Not sure on how to send funds from Coinbase to an Crypto Trader? (Just follow this manual) Make sure you've selected the precise coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so on. If you're working with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow these easy steps).
Step 3 – Find Augur (REP) Once your deposit has been approved, you'll instantly have access to your funds and you can start invest and trading. To buy Augur (REP) on Binance, you will want to go to the tab which is called “Exchange” and then click on “Basic”. To spot Augur (REP), you'll need to put the cointype (REP) into the search box, which is marked in the picture. Be certain of having choosen the proper pairing, we've highlighted this also. Click on “REP/BTC” to advance.
Step 4 – Purchase Augur (REP) After you have found Augur (REP), you will be given a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the image). Next we are going to make our own Limit Order. The ”Price” field will be filled with the most up-to-date valuation Augur (REP) was sold for. This can be changed to your desired rate. The ”Amount” field is the quantity of REP you want to purchase. The field with the “Total” tag is the total price in Bitcoin that you'll settle for the complete amount of REP. If you are satisfied, make a mouse click on “Buy REP”. Your order will be filled when a Seller trades their REP for the price you submitted.
Step 5 – Withdraw Augur (REP) Unless you are frequently trading, best advise is not to keep your crypto on an Exchange for an extended time frame. In order 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. Enter the volumen of Augur (REP) you'd wish to take off. Don't forget the displayed minimus/fees. Also make sure you have entered your precise withdraw address. When you're glad, click on “Submit”. You may be requested for phone/email verification ahead of a withdrawal.