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).
Step 2 – Transfer Your Funds to an Crypto Trader Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. NKN (NKN) is accessible on Binance, so we will use that as an sample. Unsure on how to send Coinbase funds to an Exchange? (Follow this guide) Make sure you have selected the precise coin you would like to deposit. BTC must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, and so forth. In the case you are using a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our guide).
Step 3 – Find NKN (NKN) Once your deposit has been verified, you will immediately have access to your assets and you can start purchasing and trading. To invest in NKN (NKN) on Binance, you will want to hover over the tab which is called “Exchange” and after that mouse click on “Basic”. To locate NKN (NKN), you'll need to insert the short name of the asset (NKN) into the search-box, which is marked in the picture. Make sure you have selected the proper pairing, we have marked this also. Click on “NKN/BTC” to go ahead.
Step 4 – Purchase NKN (NKN) After you have spotted NKN (NKN), you'll be presented with a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). Next we're going to create our own Limit Order. The ”Price” field will be filled with the most up-to-date rate NKN (NKN) was traded for. You can change this to your desired rate. The field with the “Amount” tag is the amount of NKN you like to purchase. The field with the “Total” tag is the aggregated price in Bitcoin that you'll pay for the complete volumen of NKN. If you're happy, click on “Buy NKN”. Your order will be filled as soon as a Vender sells their NKN for the price you introduced.
Step 5 – Withdraw NKN (NKN) Unless you are frequently trading, best advise is not to keep your crypto coins on an Crypto Trader for an longer period of time. In order to take off your NKN (NKN), hover over the ”Funds” tab and click on “Withdraw”. NKN (NKN) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate NKN (NKN) by using the given drop-down box. Enter the quantity of NKN (NKN) you would like to take off. Take into account the demonstrated fees/minimums. Also make sure you have entered your precise withdraw address. When you're glad, click “Submit”. You may be asked for phone/email verification before a withdrawal.