How to Buy Ink Protocol (XNK)

A Step-by-Step-Guide on how to buy Ink Protocol (XNK)

Step 1 – Join Kraken

You will first need to purchase one of the major coins. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Follow the Link below to register and receive Funds.

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

Your Bitcoin or Ethereum has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is identical. Ink Protocol (XNK) is obtainable on Binance, so we will use that as an example. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this guide)

Make sure you've chosen the exact coin you want to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so on. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our how-to).

Step 3 – Locate Ink Protocol (XNK)

Once your deposit has been verified, you will directly have access to your funds and you can launch buying and trading. To buy Ink Protocol (XNK) on Binance, you will want to hover over the tab which is called “Exchange” and mouse click on “Basic”.

To spot Ink Protocol (XNK), you will need to put the shortname of the coin (XNK) into the search-box, which is highlighted in the graphic. Make sure you have selected the right pairing, we've highlighted this too. Click on “XNK/BTC” to go on.

Binance Hot To Buy Ink Protocol (XNK)
Binance How to Buy (XNK) Ink Protocol
Step 4 – Acquisition of Ink Protocol (XNK)

As soon as you've found Ink Protocol (XNK), you will be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the picture). And now we are making our Limit Order.

The field with the “Price” tag will be filled automatically with the most latest tariff Ink Protocol (XNK) was sold for. This can be changed to your preferred price. The ”Amount” field is the quantity of XNK you want to buy. The ”Total” field is the aggregated price in Bitcoin that you will pay for the whole quantity of XNK.

When you're glad, click on “Buy XNK”. Your order will be filled as soon as a Vender sells their XNK for the price you submitted.

Step 5 – Withdraw Ink Protocol (XNK)

Unless you're trading, best advise is not to keep your crypto coins on an Crypto Trader for an extensive time frame. In order to take off your Ink Protocol (XNK), go to the ”Funds” tab and mouse click on “Withdraw”. Ink Protocol (XNK) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find Ink Protocol (XNK) by using the provided drop-down box. Drop in the volumen of Ink Protocol (XNK) you would wish to take off. Don't forget the displayed minimus/fees. Also make sure you have filled your precise withdraw address.

When you're happy, click “Submit”. You may be requested for email/phone verification before a take off.

Binance Withdraw

Congratulations! You've successfully bought and stored Ink Protocol (XNK).

That's it!

Withdrawals from Exchange can take anywhere from 1 – 30 minutes (depending on usage of the network). As soon as you have confirmed your withdrawal with Etherscan.io or Ethplorer.io and the (XNK) Ink Protocol is safe within your wallet, you are finished.

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