How to Buy Kyber Network (KNC)

A Step-by-Step-Guide on 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.

Binance Signup
Step 2 – Transmit Your Ethereum (ETH) or Bitcoin (BTC) to an Cryptocurrency Exchange

Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Exchange now. Every exchange has a deposit form that is alike. Kyber Network (KNC) 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 how-to)

Make sure you have selected the right coin you would like to deposit.

Bitcoin must be sent to a BTC deposit address, ETH to an Ethereum deposit address, and so forth. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be different (Follow our how-to).

Step 3 – Locate Kyber Network (KNC)

As soon as your deposit has been approved, you'll directly have access to your funds and you can launch invest and trading. To purchase Kyber Network (KNC) on Binance, you'll want to go to the tab which is called “Exchange” and after that mouse click on “Basic”.

In order to locate Kyber Network (KNC), you will need to insert the shortname of the coin (KNC) into the search-box, which is marked in the image. Make sure you have choosen the correct pairing, we have highlighted this too. Click on “KNC/BTC” to go ahead.

Binance Hot To Buy Kyber Network (KNC)
Binance How to Buy (KNC) Kyber Network
Step 4 – Purchase Kyber Network (KNC)

As soon as you have located Kyber Network (KNC), you'll be presented with a Chart with Prices (in the Center of the image) and some Order Books (on the Left of the picture). And now we are making our own Limit Order.

The field with the “Price” tag will be filled with the most recent price Kyber Network (KNC) was sold for. You can change this to your favoured price. The ”Amount” field is the quantity of KNC you wish to buy. The ”Total” field is the total price in Bitcoin that you'll pay for the whole quantity of KNC.

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

Step 5 – Withdraw Kyber Network (KNC)

Unless you're frequently trading, never keep your crypto coins on an Crypto Exchange for an extended time period. To withdraw your Kyber Network (KNC), go to the ”Funds” tab and mouse click on “Withdraw”. Kyber Network (KNC) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Kyber Network (KNC) by using the provided drop-down box. Drop in the volumen of Kyber Network (KNC) you would wish to take off. Take into account the displayed minimus/fees. Also make sure you have entered your correct withdraw address.

If you are glad, click on “Submit”. You could be requested for phone/email verification ahead of a take off.

Binance Withdraw

Congratulations! You've successfully bought and safed Kyber Network (KNC).

That's it!

Withdrawals from Crypto Exchange can take between 1 – 30 minutes (rely on network usage). As soon as you have proved your take off using Etherscan.io or Ethplorer.io and the (KNC) Kyber Network is stored inside your wallet, you're finished.

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