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 Bitcoin (BTC) or Ethereum (ETH) to an Crypto Trader Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is similar. Augur (REP) is available on Binance, so we're going to use that as an example. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Follow this how-to) Make sure you've selected the correct coin you wish to deposit. BTC must be sent to a BTC deposit address, ETH to an Ethereum deposit address, and so forth. In the case you're working with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our manual).
Step 3 – Locate Augur (REP) As soon as your deposit has been approved, you'll instantly have access to your assets and you can commence invest and trading. To invest in Augur (REP) on Binance, you'll want to go to the ”Exchange” tab and then mouse click on “Basic”. To locate Augur (REP), you will need to insert the cointype (REP) into the search-box, which is marked in the graphic. Be certain of having selected the proper pairing, we've marked this too. Click on “REP/BTC” to continue.
Step 4 – Purchase Augur (REP) After you have located Augur (REP), you'll be presented with a Price Chart (in the Center of the image) and some Order Books (on the Left of the picture). Next we're making our own Limit Order. The field with the “Price” tag will be filled with the most latest tariff Augur (REP) was sold for. You can change this to your desired rate. The field with the “Amount” tag is the volumen of REP you want to purchase. The ”Total” field is the aggregated price in Bitcoin that you'll settle for the whole amount of REP. When you're satisfied, click on “Buy REP”. Your plan will be filled when a Vender sells their REP for the price you introduced.
Step 5 – Withdraw Augur (REP) Unless you are frequently trading, never keep your crypto on an Crypto Trader for an extended period of time. To take off your Augur (REP), hover over the ”Funds” tab and 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 quantity of Augur (REP) you would like to take off. Don't forget the presented minimus/fees. Also make sure you have entered your right withdraw address. When you're satisfied, click “Submit”. You could be requested for email/phone verification ahead of a take off.