A Step-by-Step-Guide on how to buy NavCoin (NAV)
Step 1 – Signup to Kraken In the beginning you'll need to buy one of the major coins. Exchanges commonly accept either Bitcoin or Ethereum in exchange for alternative Coins. Click the button below for registration and receive BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Send Your Funds to an Cryptocurrency Exchange Your Ethereum or Bitcoin will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is similar. NavCoin (NAV) is available on Binance, so we will use that as an sample. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this guide) Make sure you have chosen the precise coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etcetera. In the case you're using a decentralized exchange, like Airswap or DDEX could be opposed (Follow our manual).
Step 3 – Locate NavCoin (NAV) Once your deposit has been confirmed, you'll directly have access to your funds and you can begin buying and trading. To invest in NavCoin (NAV) on Binance, you'll want to hover over the tab which is called “Exchange” and after that click on “Basic”. To discover NavCoin (NAV), you'll need to put the shortname of the coin (NAV) into the search box, which is marked in the picture. Be certain of having choosen the correct grouping, we've marked this also. Click on “NAV/BTC” to proceed.
Step 4 – Buying NavCoin (NAV) Once you've located NavCoin (NAV), you'll be presented with a Price Chart (in the Center of the image) and some Order Books (on the Left of the image). And now we're creating our Limit Order. The ”Price” field will be automatically filled with the up-to-date tariff NavCoin (NAV) was sold for. You can change this to your desired rate. The field with the “Amount” tag is the amount of NAV you want to buy. The field with the “Total” tag is the aggregated price in BTC that you will settle for the whole amount of NAV. If you're satisfied, click on “Buy NAV”. Your order will be filled as soon as a Seller trades their NAV for the price you offered.
Step 5 – Withdraw NavCoin (NAV) Unless you're regularly trading, you should never keepyour crypto on an Crypto Trader for an longer time frame. In order to take off your NavCoin (NAV), hover over the ”Funds” tab and click on “Withdraw”. NavCoin (NAV) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find NavCoin (NAV) by using the provided drop-down box. Enter the amount of NavCoin (NAV) you would like to take off. Take into account the demonstrated fees/minimums. Also make sure you have filled your right withdraw address. When you're satisfied, click “Submit”. You may be requested for email/phone verification before a take off.