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 Ethereum or Bitcoin to an Crypto Trader Your Ethereum or Bitcoin will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is alike. Nano (NANO) is accessible on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Crypto Trader? (Follow these easy steps) Make sure you have selected the precise coin you would like to deposit. BTC must be sent to a BTC deposit address, Ethereum to an ETH deposit address, etc. In the case you're working with a decentralized exchange, like Airswap or DDEX could be opposed (Follow our guide).
Step 3 – Locate Nano (NANO) As soon as your deposit has been affirmed, you will instantly have access to your assets and you can launch buying and trading. To invest in Nano (NANO) on Binance, you'll want to hover over the tab which is called “Exchange” and after that click on “Basic”. In order to spot Nano (NANO), you will need to insert the cointype (NANO) into the search box, which is marked in the image. Make sure you have choosen the proper pairing, we have marked this also. Click on “NANO/BTC” to progress.
Step 4 – Acquisition of Nano (NANO) Once you've found Nano (NANO), you'll be given a Price Chart (in the Center of the picture) and some Order Books (Leftside of the image). For now we are creating our own Limit Order. The ”Price” field will be filled automatically with the most latest price Nano (NANO) was traded for. You can change this to your preferred rate. The field with the “Amount” tag is the volumen of NANO you like to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you will pay for the complete amount of NANO. When you are satisfied, make a mouse click on “Buy NANO”. Your order will be filled as soon as a Seller sells their NANO for the price you introduced.
Step 5 – Withdraw Nano (NANO) Unless you're frequently trading, best advise is not to keep crypto on an Crypto Exchange for an extended period of time. In order to take off your Nano (NANO), go to the ”Funds” tab and mouse click on “Withdraw”. Nano (NANO) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Nano (NANO) by using the provided drop-down box. Drop in the volumen of Nano (NANO) you'd like to take off. Take into account 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 email/phone verification ahead of a withdrawal.