A Step-by-Step-Guide on how to buy BitKan (KAN)
Step 1 – Join Kraken In the beginning you'll need to purchase one of the major coins. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Click the button below for registration and receive Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Exchange Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. BitKan (KAN) is available on Binance, so we're going to use that as an example. Not sure on how to send funds from Coinbase to an Exchange? (Follow this guide) Make sure you have selected the precise coin you want to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etc. If you're working with a decentralized exchange, like Airswap or DDEX could be opposed (Follow our guide).
Step 3 – Locate BitKan (KAN) As soon as your deposit has been affirmed, you'll directly have access to your finances and you can begin buying and trading. To buy BitKan (KAN) on Binance, you'll want to go to the ”Exchange” tab and after that mouse click on “Basic”. In order to discover BitKan (KAN), you'll need to put the cointype (KAN) into the search-box, which is highlighted in the image. Be certain of having selected the right grouping, we've marked this also. Click on “KAN/BTC” to progress.
Step 4 – Buying BitKan (KAN) As soon as you have discovered BitKan (KAN), you will be presented with a Price Chart (in the Center of the image) and a few Order Books (Leftside of the picture). And now we are going to create our own Limit Order. The ”Price” field will be filled with the most recent valuation BitKan (KAN) was sold for. You can change this to your preferred price. The field with the “Amount” tag is the amount of KAN you want to buy. The field with the “Total” tag is the whole price in BTC that you will settle for the complete volumen of KAN. If you are glad, make a mouse click on “Buy KAN”. Your plan will be filled as soon as a Seller trades their KAN for the price you introduced.
Step 5 – Withdraw BitKan (KAN) Unless you're frequently trading, you should never keepyour crypto on an Crypto Exchange for an extended time period. To withdraw your BitKan (KAN), go to the tab called “Funds” and mouse click on “Withdraw”. BitKan (KAN) can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find BitKan (KAN) by using the given drop-down box. Put into the volumen of BitKan (KAN) you'd wish to withdraw. Don't forget the presented fees/minimums. Also make sure you have filled your precise withdraw address. If you're glad, make a mouse click on “Submit”. You could be asked for verfication via phone/email ahead of a withdrawal.