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 – Transmit Your Bitcoin or Ethereum to an Cryptocurrency Exchange Your Ethereum or Bitcoin will need to be sent over to an Exchange now. All exchanges have a deposit form that is similar. Nano (NANO) is available on Binance, so we're going to use that as an sample. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this manual) Make sure you have selected the precise coin you wish to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, etc. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our guide).
Step 3 – Locate Nano (NANO) As soon as your deposit has been confirmed, you'll immediately have access to your funds and you can start invest and trading. To purchase Nano (NANO) on Binance, you will want to hover over the ”Exchange” tab and after that mouse click on “Basic”. To find Nano (NANO), you will need to put the short name of the asset (NANO) into the search-box, which is highlighted in the image. Be certain of having choosen the right grouping, we have highlighted this also. Click on “NANO/BTC” to advance.
Step 4 – Buying Nano (NANO) As soon as you have found Nano (NANO), you will be given a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). And now we're making our own Limit Order. The field with the “Price” tag will be filled automatically with the most recent price Nano (NANO) was sold for. This can be changed to your preferred rate. The field with the “Amount” tag is the amount of NANO you like to buy. The ”Total” field is the whole price in Bitcoin that you will settle for the whole quantity of NANO. When you are happy, click on “Buy NANO”. Your plan will be filled as soon as a Vender trades their NANO for the price you submitted.
Step 5 – Withdraw Nano (NANO) Unless you are regularly trading, best advise is not to keep your coins on an Crypto Exchange for an extended period of time. To take off your Nano (NANO), hover over the tab called “Funds” and click on “Withdraw”. Nano (NANO) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Nano (NANO) by using the provided drop-down box. Put into the quantity of Nano (NANO) you would wish to take off. Take into account the presented fees/minimums. Also make sure you have filled your correct withdraw address. If you are glad, click “Submit”. You may be requested for phone/email verification before a take off.