A Step-by-Step-Guide on how to buy Kittoken (KIT)
Step 1 – Signup to Kraken In the beginning you'll need to purchase units of the bigger coins. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Follow the Link below to register and getting ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Transmit Your BTC (Bitcoin) or ETH (Ethereum) to an Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Exchange now. Every exchange has a deposit form that is identical. Kittoken (KIT) is obtainable on Binance, so we will use that as an sample. Not sure on how to send funds from Coinbase to an Exchange? (Just follow these easy steps) Make sure you've selected the correct coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so forth. In the case you are using a decentralized exchange, such as Airswap or DDEX could be different (Just follow our manual).
Step 3 – Find Kittoken (KIT) As soon as your deposit has been affirmed, you will immediately have access to your funds and you can commence invest and trading. To invest in Kittoken (KIT) on Binance, you will want to hover over the ”Exchange” tab and then mouse click on “Basic”. In order to discover Kittoken (KIT), you will need to insert the shortname of the coin (KIT) into the search-box, which is marked in the image. Make sure you have choosen the proper grouping, we've marked this too. Click on “KIT/BTC” to progress.
Step 4 – Purchase Kittoken (KIT) After you have found Kittoken (KIT), you'll be given a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). And now we're going to create our Limit Order. The ”Price” field will be filled with the latest valuation Kittoken (KIT) was sold for. You can change this to your desired rate. The field with the “Amount” tag is the amount of KIT you want to purchase. The ”Total” field is the whole price in Bitcoin that you'll pay for the complete amount of KIT. If you are happy, make a mouse click on “Buy KIT”. Your plan will be filled as soon as a Seller sells their KIT for the price you gave.
Step 5 – Withdraw Kittoken (KIT) Unless you are frequently trading, best advise is not to keep coins on an Cryptocurrency Exchange for an extended time frame. In order to withdraw your Kittoken (KIT), hover over the tab called “Funds” and click on “Withdraw”. Kittoken (KIT) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Kittoken (KIT) by using the provided drop-down box. Enter the amount of Kittoken (KIT) you'd like to withdraw. Don't forget the shown minimus/fees. Also make sure you have entered your right withdraw address. When you are satisfied, click “Submit”. You may be asked for verfication via email/phone before a take off.