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 BTC (Bitcoin) or ETH (Ethereum) to an Exchange Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is alike. Kadena (KDA) is obtainable on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Exchange? (Just follow this how-to) Make sure you've selected the precise coin you wish to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, et cetera. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our how-to).
Step 3 – Locate Kadena (KDA) As soon as your deposit has been approved, you will now have access to your finances and you can commence buying and trading. To invest in Kadena (KDA) on Binance, you will want to hover over the ”Exchange” tab and then click on “Basic”. In order to spot Kadena (KDA), you'll need to put the shortname of the coin (KDA) into the search-box, which is marked in the picture. Be certain of having choosen the correct pairing, we've marked this also. Click on “KDA/BTC” to progress.
Step 4 – Buy Kadena (KDA) After you have located Kadena (KDA), you'll be presented with a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the picture). And now we're going to create our own Limit Order. The ”Price” field will be automatically filled with the most recent tariff Kadena (KDA) was traded for. You can change this to your favoured rate. The ”Amount” field is the amount of KDA you like to purchase. The ”Total” field is the total price in BTC that you will pay for the complete volumen of KDA. When you are glad, make a mouse click on “Buy KDA”. Your order will be filled as soon as a Seller sells their KDA for the price you introduced.
Step 5 – Withdraw Kadena (KDA) Unless you're frequently trading, best advise is not to keep your coins on an Crypto Trader for an longer time frame. In order to take off your Kadena (KDA), hover over the ”Funds” tab and mouse click on “Withdraw”. Kadena (KDA) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Kadena (KDA) by using the given drop-down box. Put into the quantity of Kadena (KDA) you would like to take off. Don't forget the presented minimus/fees. Also make sure you have filled your correct withdraw address. If you are glad, click on “Submit”. You could be asked for phone/email verification ahead of a withdrawal.
Congratulations! You have successfully bought and safed Kadena (KDA).That's it! Withdrawals from Cryptocurrency Exchange can durate anywhere from 1 – 30 minutes (rely on network usage). As soon as you have confirmed your take off with Ethplorer.io or Etherscan.io and the (KDA) Kadena is safe in your wallet, you are all done.
Some other Guides on How to buy CoinsHow to Buy Aion
How to Buy Cryptochrome
How to Buy Coins