A Step-by-Step-Guide on how to buy Kadena (KDA)
Step 1 – Join Kraken In the beginning you'll need to purchase one of the top-tier currencies. Exchanges usually accept either Ethereum or Bitcoin in exchange for alternative Coins. Click below for registration and to get Ethereum or Bitcoin.
Step 2 – Transfer Your ETH (Ethereum) or BTC (Bitcoin) to an Cryptocurrency Exchange Your Bitcoin or Ethereum will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. Kadena (KDA) is accessible on Binance, so we're going to use that as an illustration. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this manual) Make sure you've chosen the right coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, et cetera. In the case you are using a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our manual).
Step 3 – Locate Kadena (KDA) As soon as your deposit has been verified, you will directly have access to your assets and you can commence buying and trading. To purchase Kadena (KDA) on Binance, you will want to hover over the ”Exchange” tab and after that mouse click on “Basic”. To find Kadena (KDA), you will need to insert the short name of the asset (KDA) into the search box, which is highlighted in the image. Be certain of having choosen the correct pairing, we have highlighted this also. Click on “KDA/BTC” to go on.
Step 4 – Buying Kadena (KDA) Once you've spotted Kadena (KDA), you'll be given a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). And now we are creating our Limit Order. The field with the “Price” tag will be filled with the latest rate Kadena (KDA) was traded for. This can be changed to your desired price. The ”Amount” field is the amount of KDA you like to purchase. The field with the “Total” tag is the whole price in Bitcoin that you'll settle for the complete amount of KDA. If you're happy, click on “Buy KDA”. Your order will be filled as soon as a Seller sells their KDA for the price you submitted.
Step 5 – Withdraw Kadena (KDA) Unless you are trading, best advise is not to keep your crypto on an Crypto Exchange for an extensive time frame. To take off your Kadena (KDA), hover over the tab called “Funds” and mouse click on “Withdraw”. Kadena (KDA) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Kadena (KDA) by using the given drop-down box. Enter the quantity of Kadena (KDA) you'd like to take off. Take into account the shown minimus/fees. Also make sure you have entered your right withdraw address. If you are happy, make a mouse click on “Submit”. You may be asked for phone/email verification ahead of a take off.