A Step-by-Step-Guide on how to buy cREP (CREP)
Step 1 – Join Kraken You will first need to purchase units of the major currencies. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Click the button below to register and to get Funds.
Step 2 – Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Exchange Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is similar. cREP (CREP) is accessible on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Crypto Exchange? (Follow this how-to) Make sure you've chosen the correct coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so on. If you're working with a decentralized exchange, like Airswap or DDEX could be different (Follow our manual).
Step 3 – Find cREP (CREP) Once your deposit has been confirmed, you will instantly have access to your finances and you can start buying and trading. To buy cREP (CREP) on Binance, you will want to hover over the tab which is called “Exchange” and then click on “Basic”. In order to find cREP (CREP), you will need to insert the shortname of the coin (CREP) into the search box, which is highlighted in the graphic. Make sure you have choosen the correct pairing, we have highlighted this too. Click on “CREP/BTC” to go on.
Step 4 – Acquisition of cREP (CREP) After you have discovered cREP (CREP), you'll be given a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). And now we're creating our Limit Order. The ”Price” field will be filled with the recent tariff cREP (CREP) was traded for. This can be changed to your desired rate. The field with the “Amount” tag is the quantity of CREP you wish to buy. The field with the “Total” tag is the aggregated price in BTC that you'll settle for the complete quantity of CREP. When you're glad, make a mouse click on “Buy CREP”. Your plan will be filled as soon as a Vendor trades their CREP for the price you submitted.
Step 5 – Withdraw cREP (CREP) Unless you're regularly trading, best advise is not to keep your coins on an Cryptocurrency Exchange for an extensive time period. In order to withdraw your cREP (CREP), go to the ”Funds” tab and click on “Withdraw”. cREP (CREP) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find cREP (CREP) by using the given drop-down box. Enter the amount of cREP (CREP) you'd wish to withdraw. Don't forget the shown minimus/fees. Also make sure you have filled your right withdraw address. If you're satisfied, make a mouse click on “Submit”. You could be asked for verfication via email/phone before a take off.