A Step-by-Step-Guide on how to buy Kyber Network (KNC)
Step 1 – Join Coinbase and recieve 10$ for free You will first need to purchase one of the major currencies. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Click the button below to register and getting your welcome 10 Dollar.
Step 2 – Transmit Your BTC (Bitcoin) or ETH (Ethereum) to an Cryptocurrency Exchange Your Ethereum or Bitcoin will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. Kyber Network (KNC) is available on Binance, so we will use that as an sample. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this how-to) Make sure you have selected the exact coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so forth. In the case you are dealing with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our manual).
Step 3 – Find (KNC) Kyber Network As soon as your deposit has been affirmed, you will immediately have access to your assets and you can start buying and trading. To invest in (KNC) Kyber Network on Binance, you will want to hover over the ”Exchange” tab and then click on “Basic”. In order to find (KNC) Kyber Network, you will need to put the short name of the asset (KNC) into the search box, which is marked in the picture. Make sure you have selected the correct grouping, we have marked this too. Click on “KNC/BTC” to go on.
Step 4 – Purchase Kyber Network (KNC) As soon as you have spotted Kyber Network (KNC), you'll be given a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). Next we're going to create our Limit Order. The ”Price” field will be filled automatically with the up-to-date rate Kyber Network (KNC) was traded for. You can change this to your desired price. The ”Amount” field is the volumen of KNC you want to purchase. The ”Total” field is the total price in Bitcoin that you will settle for the complete volumen of KNC. When you're happy, click on “Buy KNC”. Your order will be filled when a Vendor trades their KNC for the price you introduced.
Step 5 – Withdraw (KNC) Kyber Network Unless you're regularly trading, you should never keepyour coins on an Exchange for an extended time frame. In order to withdraw your (KNC) Kyber Network, go to the ”Funds” tab and mouse click on “Withdraw”. (KNC) Kyber Network can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate (KNC) Kyber Network by using the provided drop-down box. Drop in the volumen of (KNC) Kyber Network you'd wish to withdraw. Don't forget the shown minimus/fees. Also make sure you have filled your correct withdraw address. When you're glad, click on “Submit”. You could be requested for phone/email verification ahead of a take off.