A Step-by-Step-Guide on how to buy NKN (NKN)
Step 1 – Signup to Coinbase and get 10$ for free In the beginning you'll need to purchase one of the top-tier coins. Exchanges normally accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Click the button below to register and getting your first 10$.
Step 2 – Transmit Your Bitcoin or Ethereum to an Crypto Exchange Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is similar. NKN (NKN) is obtainable on Binance, so we're going to use that as an illustration. Not sure on how to send Coinbase funds to an Crypto Exchange? (Just follow these easy steps) Make sure you have selected the exact coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, et cetera. In the case you are dealing with a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our guide).
Step 3 – Locate NKN (NKN) Once your deposit has been verified, you will immediately have access to your funds and you can initiate invest and trading. To invest in NKN (NKN) on Binance, you will want to hover over the ”Exchange” tab and after that mouse click on “Basic”. In order to spot NKN (NKN), you will need to insert the cointype (NKN) into the search box, which is highlighted in the image. Make sure you have selected the right pairing, we've highlighted this too. Click on “NKN/BTC” to advance.
Step 4 – Buy (NKN) NKN As soon as you've found (NKN) NKN, you will be given a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). Next we are going to make our own Limit Order. The field with the “Price” tag will be filled automatically with the most latest price (NKN) NKN was sold for. This can be changed to your desired rate. The field with the “Amount” tag is the amount of NKN you wish to purchase. The ”Total” field is the aggregated price in BTC that you will pay for the whole amount of NKN. When you are glad, make a mouse click on “Buy NKN”. Your plan will be filled when a Vendor trades their NKN for the price you introduced.
Step 5 – Withdraw NKN (NKN) Unless you're trading, never keep your coins on an Exchange for an extensive time period. To withdraw your NKN (NKN), hover over the ”Funds” tab and click on “Withdraw”. NKN (NKN) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find NKN (NKN) by using the provided drop-down box. Enter the quantity of NKN (NKN) you would like to withdraw. Take into account the shown minimus/fees. Also make sure you have entered your correct withdraw address. When you're happy, click “Submit”. You may be asked for phone/email verification ahead of a withdrawal.