A Step-by-Step-Guide on how to buy RAC (RAC)
Step 1 – Signup to Kraken You'll first need to purchase units of the major currencies. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Follow the Link below to register and getting Funds.
Step 2 – Send Your Funds to an Cryptocurrency Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is alike. RAC (RAC) is available on Binance, so we're going to use that as an illustration. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Follow these easy steps) Make sure you've chosen the exact coin you wish to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, etcetera. In the case you are using a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our guide).
Step 3 – Locate RAC (RAC) Once your deposit has been verified, you will immediately have access to your assets and you can start purchasing and trading. To invest in RAC (RAC) on Binance, you'll want to hover over the ”Exchange” tab and after that mouse click on “Basic”. To locate RAC (RAC), you'll need to put the cointype (RAC) into the search box, which is highlighted in the picture. Be certain of having choosen the proper pairing, we have highlighted this also. Click on “RAC/BTC” to go on.
Step 4 – Buying RAC (RAC) Once you have located RAC (RAC), you'll be given a Price Chart (in the Center of the picture) and some Order Books (Leftside of the image). And now we're creating our own Limit Order. The ”Price” field will be filled with the most latest valuation RAC (RAC) was sold for. You can change this to your preferred rate. The field with the “Amount” tag is the amount of RAC you want to buy. The field with the “Total” tag is the total price in Bitcoin that you will pay for the whole volumen of RAC. When you are happy, click on “Buy RAC”. Your plan will be filled as soon as a Vendor sells their RAC for the price you offered.
Step 5 – Withdraw RAC (RAC) Unless you're frequently trading, never keep your crypto coins on an Crypto Trader for an extended time period. To withdraw your RAC (RAC), go to the tab called “Funds” and 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. Drop in the amount of RAC (RAC) you would like to withdraw. Don't forget the presented fees/minimums. Also make sure you have entered your correct withdraw address. When you're happy, make a mouse click on “Submit”. You could be asked for email/phone verification before a withdrawal.
Kudos! You've successfully purchased and stored RAC (RAC).That's it! Withdrawals from Cryptocurrency Exchange can take anywhere from 1 – 30 minutes (depending on usage of the network). As soon as you've confirmed your withdrawal using Ethplorer.io or Etherscan.io and the (RAC) RAC is safe within your wallet, you are done.
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