A Step-by-Step-Guide on how to buy KRYLL (KRL)
Step 1 – Signup to Kraken You'll first need to buy one of the major currencies. Exchanges commonly accept either Ethereum or Bitcoin in exchange for alternative Coins. Follow the Link below to register and to get Ethereum or Bitcoin.
Step 2 – Send Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Trader Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is identical. KRYLL (KRL) is obtainable on Binance, so we will use that as an illustration. Not sure on how to send funds from Coinbase to an Crypto Trader? (Follow this manual) Make sure you have selected the precise coin you wish to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, et cetera. In the case you're using a decentralized exchange, like Airswap or DDEX could be different (Follow our guide).
Step 3 – Find KRYLL (KRL) As soon as your deposit has been affirmed, you will instantly have access to your funds and you can initiate buying and trading. To purchase KRYLL (KRL) on Binance, you will want to hover over the ”Exchange” tab and then mouse click on “Basic”. To discover KRYLL (KRL), you will need to insert the short name of the asset (KRL) into the search box, which is marked in the image. Be certain of having selected the proper pairing, we have marked this also. Click on “KRL/BTC” to go ahead.
Step 4 – Purchasing KRYLL (KRL) Once you have located KRYLL (KRL), you'll be presented with a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). For now we are going to create our own Limit Order. The field with the “Price” tag will be filled automatically with the most recent rate KRYLL (KRL) was traded for. This can be changed to your favoured rate. The field with the “Amount” tag is the amount of KRL you wish to purchase. The field with the “Total” tag is the total price in BTC that you will pay for the complete amount of KRL. If you're happy, make a mouse click on “Buy KRL”. Your order will be filled as soon as a Seller trades their KRL for the price you gave.
Step 5 – Withdraw KRYLL (KRL) Unless you are trading, best advise is not to keep crypto coins on an Exchange for an longer time frame. In order to withdraw your KRYLL (KRL), hover over the ”Funds” tab and mouse click on “Withdraw”. KRYLL (KRL) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate KRYLL (KRL) by using the provided drop-down box. Enter the volumen of KRYLL (KRL) you'd like to withdraw. Take into account the shown minimus/fees. Also make sure you have entered your precise withdraw address. When you are happy, make a mouse click on “Submit”. You may be requested for email/phone verification ahead of a withdrawal.