How to Buy NKN (NKN)

A Step-by-Step-Guide on how to buy NKN (NKN)

Step 1 – Signup to Kraken

You will first need to buy one of the top-tier coins. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for Altcoins. Click below to register and getting ETH (Ethereum) or BTC (Bitcoin).

Binance Signup
Step 2 – Transmit Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Trader

Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Trader 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 funds from Coinbase to an Cryptocurrency Exchange? (Just follow this guide)

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

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, et cetera. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our how-to).

Step 3 – Find NKN (NKN)

As soon as your deposit has been approved, you will now have access to your finances and you can commence invest and trading. To invest in NKN (NKN) on Binance, you will want to go to the tab which is called “Exchange” and then mouse click on “Basic”.

In order to spot NKN (NKN), you'll need to put the shortname of the coin (NKN) into the search-box, which is highlighted in the picture. Be certain of having selected the right pairing, we have marked this too. Click on “NKN/BTC” to go on.

Binance Hot To Buy NKN (NKN)
Binance How to Buy (NKN) NKN
Step 4 – Buy NKN (NKN)

After you've discovered NKN (NKN), you'll be presented with a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the picture). And now we're creating our own Limit Order.

The ”Price” field will be filled automatically with the most recent tariff NKN (NKN) was sold for. You can change this to your desired rate. The ”Amount” field is the volumen of NKN you want to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you'll pay for the whole volumen of NKN.

If you are satisfied, make a mouse click on “Buy NKN”. Your plan will be filled as soon as a Seller sells their NKN for the price you introduced.

Step 5 – Withdraw NKN (NKN)

Unless you are regularly trading, never keep your crypto on an Crypto Trader for an extensive time period. In order to take off your NKN (NKN), go to the ”Funds” tab and mouse click on “Withdraw”. NKN (NKN) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate NKN (NKN) by using the provided drop-down box. Drop in the quantity of NKN (NKN) you'd like to take off. Take into account the demonstrated fees/minimums. Also make sure you have entered your precise withdraw address.

If you are happy, make a mouse click on “Submit”. You could be asked for email/phone verification before a take off.

Binance Withdraw

Congrats! You have successfully bought and safed NKN (NKN).

That's it!

Take offs from Exchange can take anywhere from 1 – 30 minutes (rely on network usage). Once you've confirmed your take off using Etherscan.io or Ethplorer.io and the (NKN) NKN is safe in your wallet, you are finished.

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