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 Bitcoin or Ethereum to an Exchange

Your Ethereum (ETH) or Bitcoin (BTC) will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is alike. NKN (NKN) is obtainable on Binance, so we're going to use that as an example. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this manual)

Make sure you've chosen the correct coin you wish to deposit.

BTC must be sent to a BTC deposit address, ETH 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 these easy steps).

Step 3 – Find NKN (NKN)

As soon as your deposit has been affirmed, you'll directly have access to your assets and you can launch invest and trading. To buy NKN (NKN) on Binance, you will want to hover over the tab which is called “Exchange” and after that click on “Basic”.

In order to find NKN (NKN), you will need to put the cointype (NKN) into the search-box, which is marked in the image. Be certain of having choosen the right grouping, we have marked this also. Click on “NKN/BTC” to continue.

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

After you've spotted NKN (NKN), you'll be presented with a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the image). Next we're going to make our own Limit Order.

The field with the “Price” tag will be automatically filled with the most recent rate NKN (NKN) was traded for. You can change this to your desired rate. The field with the “Amount” tag is the volumen of NKN you like to purchase. The field with the “Total” tag is the whole price in BTC that you will settle for the complete volumen of NKN.

When you are satisfied, make a mouse click on “Buy NKN”. Your order will be filled when a Vendor trades their NKN for the price you introduced.

Step 5 – Withdraw NKN (NKN)

Unless you're regularly trading, you should never keepyour coins on an Cryptocurrency Exchange for an extended time period. In order to take off your NKN (NKN), go to the tab called “Funds” and mouse click on “Withdraw”. NKN (NKN) can be safely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Find NKN (NKN) by using the given drop-down box. Drop in the amount of NKN (NKN) you would wish to withdraw. Don't forget the displayed fees/minimums. Also make sure you have filled your precise withdraw address.

If you're happy, click on “Submit”. You could be asked for email/phone verification ahead of a withdrawal.

Binance Withdraw

Congratulations! You have successfully purchased and stored NKN (NKN).

That's it!

Take offs from Exchange can take anywhere from 1 – 30 minutes (rely on usage of the network). As soon as you have confirmed your take off with Etherscan.io or Ethplorer.io and the (NKN) NKN is stored in your wallet, you are finished.

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