A Step-by-Step-Guide on how to buy RAC (RAC)
Step 1 – Join CEX.io In the beginning you'll need to buy one of the bigger currencies. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Follow the Link below for registration and getting Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Send Your Bitcoin or Ethereum to an Crypto Exchange Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is identical. RAC (RAC) is obtainable on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Crypto Exchange? (Just follow this guide) Make sure you've chosen the exact coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etc. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our guide).
Step 3 – Locate RAC (RAC) As soon as your deposit has been approved, you will immediately have access to your funds and you can start purchasing and trading. To buy RAC (RAC) on Binance, you will want to go to the tab which is called “Exchange” and click on “Basic”. To discover RAC (RAC), you will need to insert the cointype (RAC) into the search box, which is marked in the image. Make sure you have choosen the correct grouping, we've marked this also. Click on “RAC/BTC” to go ahead.
Step 4 – Purchase (RAC) RAC After you have spotted (RAC) RAC, you will be presented with a Chart with Prices (in the Center of the picture) and some Order Books (Leftside of the picture). For now we're going to create our own Limit Order. The ”Price” field will be automatically filled with the latest tariff (RAC) RAC was sold for. You can change this to your preferred rate. The field with the “Amount” tag is the quantity of RAC you want to buy. The field with the “Total” tag is the aggregated price in Bitcoin that you will settle for the whole quantity of RAC. If you are happy, make a mouse click on “Buy RAC”. Your order will be filled as soon as a Vendor sells their RAC for the price you submitted.
Step 5 – Withdraw RAC (RAC) Unless you're trading, never keep your coins on an Cryptocurrency Exchange for an longer time period. In order to take off your RAC (RAC), hover over the tab called “Funds” and mouse click on “Withdraw”. RAC (RAC) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate RAC (RAC) by using the given drop-down box. Put into the quantity of RAC (RAC) you would like to take off. Take into account the shown minimus/fees. Also make sure you have entered your correct withdraw address. If you're happy, click “Submit”. You could be asked for phone/email verification before a withdrawal.