How to Buy iExec RLC (RLC)

A Step-by-Step-Guide on how to buy iExec RLC (RLC)

Step 1 – Signup to Kraken

In the beginning you'll need to buy one of the top-tier coins. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Follow the Link below for registration and receive ETH (Ethereum) or BTC (Bitcoin).

Binance Signup
Step 2 – Transmit Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Trader

Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is identical. iExec RLC (RLC) is available on Binance, so we're going to use that as an sample. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this manual)

Make sure you have chosen the correct coin you want to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, etcetera. In the case you're using a decentralized exchange, like Airswap or DDEX could be different (Follow our guide).

Step 3 – Find iExec RLC (RLC)

As soon as your deposit has been confirmed, you'll immediately have access to your assets and you can initiate buying and trading. To purchase iExec RLC (RLC) on Binance, you'll want to hover over the ”Exchange” tab and then click on “Basic”.

To spot iExec RLC (RLC), you'll need to insert the shortname of the coin (RLC) into the search box, which is marked in the picture. Be certain of having choosen the right grouping, we have highlighted this too. Click on “RLC/BTC” to go ahead.

Binance Hot To Buy iExec RLC (RLC)
Binance How to Buy (RLC) iExec RLC
Step 4 – Acquisition of iExec RLC (RLC)

Once you have discovered iExec RLC (RLC), you'll be presented with a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the image). And now we are going to make our own Limit Order.

The field with the “Price” tag will be filled automatically with the most recent valuation iExec RLC (RLC) was sold for. This can be changed to your favoured price. The ”Amount” field is the volumen of RLC you want to purchase. The ”Total” field is the total price in BTC that you will settle for the complete volumen of RLC.

When you're happy, click on “Buy RLC”. Your plan will be filled as soon as a Seller sells their RLC for the price you submitted.

Step 5 – Withdraw iExec RLC (RLC)

Unless you are regularly trading, best advise is not to keep coins on an Crypto Trader for an extensive time frame. To take off your iExec RLC (RLC), go to the ”Funds” tab and click on “Withdraw”. iExec RLC (RLC) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find iExec RLC (RLC) by using the given drop-down box. Drop in the quantity of iExec RLC (RLC) you would wish to take off. Don't forget the presented fees/minimums. Also make sure you have filled your correct withdraw address.

If you are glad, click “Submit”. You could be requested for verfication via email/phone before a take off.

Binance Withdraw

Kudos! You have successfully purchased and stored iExec RLC (RLC).

That's it!

Withdrawals from Crypto Exchange can take anywhere from 1 – 30 minutes (rely on usage of the network). As soon as you have confirmed your withdrawal using Etherscan.io or Ethplorer.io and the (RLC) iExec RLC is stored inside your wallet, you're done.

Some other Guides on How to buy Coins

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