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 – Send Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Trader Your Ethereum or Bitcoin has to be sent over to an Exchange now. Every exchange has a deposit form that is alike. Kadena (KDA) is accessible on Binance, so we're going to use that as an sample. Not sure on how to send funds from Coinbase to an Crypto Trader? (Follow this how-to) Make sure you have chosen the right coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so forth. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be different (Just follow our guide).
Step 3 – Find Kadena (KDA) Once your deposit has been verified, you'll now have access to your assets and you can start purchasing and trading. To invest in Kadena (KDA) on Binance, you'll want to hover over the tab which is called “Exchange” and after that click on “Basic”. In order to locate 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 selected the proper pairing, we have highlighted this also. Click on “KDA/BTC” to continue.
Step 4 – Purchase Kadena (KDA) After you have found Kadena (KDA), you will be given a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the image). Next we are making our own Limit Order. The field with the “Price” tag will be filled automatically with the most up-to-date rate Kadena (KDA) was sold for. This can be changed to your favoured price. The field with the “Amount” tag is the volumen of KDA you like to buy. The field with the “Total” tag is the whole price in BTC that you will settle for the whole volumen of KDA. If you're satisfied, make a mouse click on “Buy KDA”. Your plan will be filled as soon as a Vendor sells their KDA for the price you introduced.
Step 5 – Withdraw Kadena (KDA) Unless you're regularly trading, best advise is not to keep crypto on an Crypto Exchange for an extensive time period. In order to withdraw your Kadena (KDA), hover over the ”Funds” tab and mouse click on “Withdraw”. Kadena (KDA) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Kadena (KDA) by using the given drop-down box. Put into the amount of Kadena (KDA) you would like to withdraw. Take into account the presented minimus/fees. Also make sure you have entered your precise withdraw address. When you are happy, click “Submit”. You could be requested for email/phone verification before a withdrawal.