A Step-by-Step-Guide on how to buy KuCoin Shares (KCS)
Step 1 – Signup to Kraken In the beginning you'll need to buy one of the major coins. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Follow the Link below to register and getting Funds.
Step 2 – Send Your Ethereum or Bitcoin to an Crypto Trader Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is similar. KuCoin Shares (KCS) is available on Binance, so we will use that as an illustration. Unsure on how to send Coinbase funds to an Crypto Exchange? (Just follow these easy steps) Make sure you have selected the right coin you want to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etc. In the case you are using a decentralized exchange, like Airswap or DDEX could be different (Just follow our manual).
Step 3 – Locate KuCoin Shares (KCS) Once your deposit has been approved, you will immediately have access to your finances and you can initiate invest and trading. To buy KuCoin Shares (KCS) on Binance, you'll want to hover over the ”Exchange” tab and then mouse click on “Basic”. To locate KuCoin Shares (KCS), you'll need to put the cointype (KCS) into the search-box, which is highlighted in the picture. Make sure you have choosen the right grouping, we have marked this too. Click on “KCS/BTC” to progress.
Step 4 – Acquisition of KuCoin Shares (KCS) Once you have located KuCoin Shares (KCS), you'll be given a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). For now we're going to create our own Limit Order. The field with the “Price” tag will be filled automatically with the most latest price KuCoin Shares (KCS) was sold for. This can be changed to your favoured price. The field with the “Amount” tag is the quantity of KCS you want to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you'll pay for the whole amount of KCS. If you're glad, click on “Buy KCS”. Your plan will be filled when a Vender trades their KCS for the price you gave.
Step 5 – Withdraw KuCoin Shares (KCS) Unless you are frequently trading, you should never keepyour coins on an Crypto Exchange for an extensive time period. To take off your KuCoin Shares (KCS), go to the ”Funds” tab and click on “Withdraw”. KuCoin Shares (KCS) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find KuCoin Shares (KCS) by using the given drop-down box. Enter the amount of KuCoin Shares (KCS) you'd wish to take off. Don't forget the displayed minimus/fees. Also make sure you have filled your correct withdraw address. If you are glad, make a mouse click on “Submit”. You could be asked for verfication via phone/email before a withdrawal.
Kudos! You have successfully bought and safed KuCoin Shares (KCS).That's it! Withdrawals from Exchange can take anywhere from 1 – 30 minutes (rely on usage of the network). Once you've proved your withdrawal with Etherscan.io or Ethplorer.io and the (KCS) KuCoin Shares is safe within your wallet, you are finished.
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