How to Buy Kyber Network (KNC)

Step 1 – Join Kraken

You will first need to purchase one of the bigger coins. Exchanges usually accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Click below for registration and to get Funds.

Step 2 – Send Your Bitcoin (BTC) or Ethereum (ETH) to an Cryptocurrency Exchange

Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. Kyber Network (KNC) is available on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this manual)

Make sure you've chosen the precise coin you would like to deposit.

BTC must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, etc. In the case you are using a decentralized exchange, like Airswap or DDEX could be divergent (Just follow these easy steps).

Step 3 – Locate Kyber Network (KNC)

As soon as your deposit has been affirmed, you will instantly have access to your finances and you can start invest and trading. To purchase Kyber Network (KNC) on Binance, you will want to go to the tab which is called “Exchange” and then mouse click on “Basic”.

To find Kyber Network (KNC), you will need to put the shortname of the coin (KNC) into the search-box, which is highlighted in the picture. Be certain of having choosen the right grouping, we have marked this too. Click on “KNC/BTC” to advance.

Step 4 – Buying Kyber Network (KNC)

After you've located Kyber Network (KNC), you will be given a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). And now we are going to make our own Limit Order.

The field with the “Price” tag will be automatically filled with the most recent rate Kyber Network (KNC) was traded for. You can change this to your desired rate. The ”Amount” field is the quantity of KNC 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 KNC.

When you're glad, click on “Buy KNC”. Your order will be filled as soon as a Vendor trades their KNC for the price you introduced.

Step 5 – Withdraw Kyber Network (KNC)

Unless you're regularly trading, never keep your coins on an Crypto Trader for an extensive period of time. To withdraw your Kyber Network (KNC), hover over the tab called “Funds” and mouse click on “Withdraw”. Kyber Network (KNC) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find Kyber Network (KNC) by using the given drop-down box. Put into the quantity of Kyber Network (KNC) you would wish to take off. Don't forget the shown fees/minimums. Also make sure you have entered your correct withdraw address.

If you're glad, click “Submit”. You may be requested for verfication via phone/email before a withdrawal.