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 – Transmit Your Funds to an Cryptocurrency Exchange Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Exchange now. Every exchange has a deposit form that is similar. NavCoin (NAV) is available on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Exchange? (Just follow this guide) Make sure you've selected the correct coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etc. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Follow these easy steps).
Step 3 – Locate NavCoin (NAV) As soon as your deposit has been confirmed, you'll instantly have access to your assets and you can launch invest and trading. To invest in NavCoin (NAV) on Binance, you will want to hover over the ”Exchange” tab and then mouse click on “Basic”. To locate NavCoin (NAV), you will need to insert the short name of the asset (NAV) into the search box, which is highlighted in the graphic. Be certain of having selected the proper pairing, we have marked this too. Click on “NAV/BTC” to continue.
Step 4 – Buying NavCoin (NAV) Once you have located NavCoin (NAV), you'll be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). And now we are creating our own Limit Order. The field with the “Price” tag will be automatically filled with the most recent price NavCoin (NAV) was sold for. You can change this to your favoured rate. The field with the “Amount” tag is the quantity of NAV you want to purchase. The ”Total” field is the aggregated price in BTC that you'll pay for the whole volumen of NAV. If you are happy, make a mouse click on “Buy NAV”. Your plan will be filled when a Vender trades their NAV for the price you gave.
Step 5 – Withdraw NavCoin (NAV) Unless you're frequently trading, never keep your crypto coins on an Exchange for an extended period of time. To withdraw your NavCoin (NAV), hover over the ”Funds” tab and mouse click on “Withdraw”. NavCoin (NAV) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find NavCoin (NAV) by using the provided drop-down box. Drop in the quantity of NavCoin (NAV) you would wish to withdraw. Don't forget the displayed minimus/fees. Also make sure you have filled your right withdraw address. When you are satisfied, click on “Submit”. You may be asked for email/phone verification ahead of a take off.
Kudos! You have successfully purchased and safed NavCoin (NAV).That's it! Withdrawals from Exchange can take anywhere from 1 – 30 minutes (depending on network usage). Once you have proved your withdrawal with Ethplorer.io or Etherscan.io and the (NAV) NavCoin is safe within your wallet, you're all done.
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