A Step-by-Step-Guide on how to buy Nano (NANO)
Step 1 – Join Kraken In the beginning you'll need to purchase units of the top-tier currencies. Exchanges usually accept either Bitcoin or Ethereum in exchange for any other Cryptocurrency. Click below for registration and receive Ethereum or Bitcoin.
Step 2 – Transfer Your Bitcoin (BTC) or Ethereum (ETH) to an Exchange Your Bitcoin or Ethereum will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is similar. Nano (NANO) is available on Binance, so we will use that as an illustration. Unsure on how to send funds from Coinbase to an Crypto Trader? (Follow this guide) Make sure you've chosen the correct coin you wish to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, and so on. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be different (Just follow our manual).
Step 3 – Locate Nano (NANO) Once your deposit has been approved, you'll immediately have access to your finances and you can begin invest and trading. To buy Nano (NANO) on Binance, you will want to hover over the ”Exchange” tab and then mouse click on “Basic”. To find Nano (NANO), you will need to insert the cointype (NANO) into the search box, which is marked in the picture. Make sure you have selected the correct grouping, we have highlighted this too. Click on “NANO/BTC” to go on.
Step 4 – Purchase Nano (NANO) Once you have discovered Nano (NANO), you'll be given a Price Chart (in the Center of the picture) and some 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 filled with the most recent price Nano (NANO) was traded for. You can change this to your preferred rate. The ”Amount” field is the quantity of NANO you like to purchase. The field with the “Total” tag is the total price in Bitcoin that you'll settle for the complete amount of NANO. When you're glad, click on “Buy NANO”. Your plan will be filled as soon as a Seller trades their NANO for the price you offered.
Step 5 – Withdraw Nano (NANO) Unless you're regularly trading, best advise is not to keep your coins on an Crypto Exchange for an extensive time frame. In order to take off your Nano (NANO), go to the tab called “Funds” and click on “Withdraw”. Nano (NANO) can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Nano (NANO) by using the given drop-down box. Enter the quantity of Nano (NANO) you would like to withdraw. Don't forget the presented minimus/fees. Also make sure you have filled your right withdraw address. If you're happy, make a mouse click on “Submit”. You could be requested for verfication via email/phone before a withdrawal.