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).
Step 2 – Send Your BTC (Bitcoin) or ETH (Ethereum) to an Exchange Your Bitcoin or Ethereum has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is similar. iExec RLC (RLC) is obtainable on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Crypto Trader? (Just follow these easy steps) Make sure you have chosen the right coin you wish to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, etcetera. If you are working with a decentralized exchange, like Airswap or DDEX could be opposed (Follow our manual).
Step 3 – Find iExec RLC (RLC) Once your deposit has been confirmed, you will directly have access to your funds and you can initiate invest and trading. To buy iExec RLC (RLC) on Binance, you will want to hover over the tab which is called “Exchange” and then mouse click on “Basic”. To locate iExec RLC (RLC), you'll need to insert the cointype (RLC) into the search-box, which is marked in the image. Make sure you have choosen the proper pairing, we have marked this too. Click on “RLC/BTC” to proceed.
Step 4 – Purchase iExec RLC (RLC) Once you have found iExec RLC (RLC), you'll be given a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the image). For now we are going to make our own Limit Order. The ”Price” field will be filled automatically with the most recent valuation iExec RLC (RLC) was traded for. This can be changed to your favoured price. The ”Amount” field is the quantity of RLC you want to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you will pay for the complete amount of RLC. If you're satisfied, click on “Buy RLC”. Your order will be filled as soon as a Vendor trades their RLC for the price you introduced.
Step 5 – Withdraw iExec RLC (RLC) Unless you're frequently trading, never keep your crypto coins on an Exchange for an extensive time period. To withdraw your iExec RLC (RLC), go to the tab called “Funds” and mouse click on “Withdraw”. iExec RLC (RLC) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate iExec RLC (RLC) by using the provided drop-down box. Put into the amount of iExec RLC (RLC) you would like to withdraw. Take into account the demonstrated fees/minimums. Also make sure you have filled your precise withdraw address. When you are happy, click on “Submit”. You could be requested for verfication via phone/email ahead of a withdrawal.
Kudos! You have successfully bought and stored iExec RLC (RLC).That's it! Withdrawals from Crypto Exchange can take between 1 – 30 minutes (depending on network usage). As soon as you have confirmed your withdrawal using Etherscan.io or Ethplorer.io and the (RLC) iExec RLC is stored in your wallet, you are finished.
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