A Step-by-Step-Guide on how to buy Kora Network (KNT)
Step 1 – Signup to Kraken In the beginning you'll need to purchase units of the top-tier currencies. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Follow the Link below for registration and to get ETH (Ethereum) or BTC (Bitcoin).
Step 2 – Transfer Your Ethereum or Bitcoin to an Exchange Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. Kora Network (KNT) is available on Binance, so we're going to use that as an illustration. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow these easy steps) Make sure you've chosen the right coin you wish to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an ETH deposit address, et cetera. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be divergent (Just follow these easy steps).
Step 3 – Find Kora Network (KNT) As soon as your deposit has been approved, you'll instantly have access to your funds and you can start purchasing and trading. To purchase Kora Network (KNT) on Binance, you'll want to hover over the tab which is called “Exchange” and then click on “Basic”. To spot Kora Network (KNT), you will need to insert the short name of the asset (KNT) into the search-box, which is marked in the graphic. Make sure you have selected the right pairing, we have marked this also. Click on “KNT/BTC” to advance.
Step 4 – Buying Kora Network (KNT) Once you've discovered Kora Network (KNT), you will be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the image). Next we are going to create our own Limit Order. The ”Price” field will be filled automatically with the most up-to-date rate Kora Network (KNT) was traded for. This can be changed to your desired rate. The field with the “Amount” tag is the amount of KNT you wish to buy. The ”Total” field is the whole price in Bitcoin that you will pay for the complete quantity of KNT. When you're satisfied, click on “Buy KNT”. Your order will be filled as soon as a Seller trades their KNT for the price you offered.
Step 5 – Withdraw Kora Network (KNT) Unless you are frequently trading, best advise is not to keep your crypto coins on an Cryptocurrency Exchange for an extended period of time. To withdraw your Kora Network (KNT), hover over the ”Funds” tab and click on “Withdraw”. Kora Network (KNT) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Kora Network (KNT) by using the given drop-down box. Enter the volumen of Kora Network (KNT) you would like to withdraw. Take into account the presented minimus/fees. Also make sure you have filled your precise withdraw address. When you are happy, make a mouse click on “Submit”. You may be requested for verfication via email/phone before a take off.
Kudos! You have successfully bought and safed Kora Network (KNT).That's it! Take offs from Crypto Exchange can take anywhere from 1 – 30 minutes (rely on network usage). As soon as you have confirmed your take off using Ethplorer.io or Etherscan.io and the (KNT) Kora Network is safe inside your wallet, you are all done.
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