How to Buy Nework (NKC)

Step 1 – Signup to Kraken

In the beginning you'll need to purchase one of the major currencies. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Follow the Link below for registration and getting ETH (Ethereum) or BTC (Bitcoin).

Step 2 – Send Your Ethereum (ETH) or Bitcoin (BTC) to an Cryptocurrency Exchange

Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Exchange now. All exchanges have a deposit form that is similar. Nework (NKC) is available on Binance, so we will use that as an illustration. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this guide)

Make sure you've selected the right coin you wish to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etc. If you are working with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow our how-to).

Step 3 – Locate Nework (NKC)

Once your deposit has been verified, you'll directly have access to your assets and you can initiate buying and trading. To purchase Nework (NKC) on Binance, you will want to go to the ”Exchange” tab and then click on “Basic”.

In order to spot Nework (NKC), you'll need to put the shortname of the coin (NKC) into the search box, which is highlighted in the image. Make sure you have selected the correct grouping, we've marked this also. Click on “NKC/BTC” to progress.

Step 4 – Buying Nework (NKC)

Once you've located Nework (NKC), you'll be presented with a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the image). And now we're going to create our own Limit Order.

The ”Price” field will be filled automatically with the most recent tariff Nework (NKC) was traded for. You can change this to your favoured rate. The field with the “Amount” tag is the quantity of NKC you wish to purchase. The field with the “Total” tag is the aggregated price in BTC that you will settle for the whole amount of NKC.

When you are satisfied, click on “Buy NKC”. Your order will be filled when a Seller sells their NKC for the price you gave.

Step 5 – Withdraw Nework (NKC)

Unless you're regularly trading, you should never keepyour crypto coins on an Cryptocurrency Exchange for an extensive time period. To withdraw your Nework (NKC), hover over the ”Funds” tab and click on “Withdraw”. Nework (NKC) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find Nework (NKC) by using the provided drop-down box. Put into the amount of Nework (NKC) you would wish to withdraw. Don't forget the shown fees/minimums. Also make sure you have entered your right withdraw address.

If you're satisfied, make a mouse click on “Submit”. You may be asked for email/phone verification ahead of a take off.