A Step-by-Step-Guide on how to buy Raven Protocol (RAVEN)
Step 1 – Join Kraken In the beginning you'll need to buy one of the bigger currencies. Exchanges normally accept either Ethereum or Bitcoin in exchange for Altcoins. Click the button below for registration and receive Bitcoin or Ethereum.
Step 2 – Transfer Your Ethereum or Bitcoin to an Crypto Trader Your Bitcoin or Ethereum will need to be sent over to an Crypto Trader now. Every exchange has a deposit form that is similar. Raven Protocol (RAVEN) is available on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Crypto Exchange? (Follow this guide) Make sure you've selected the correct coin you wish to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etc. If you're using a decentralized exchange, such as Airswap or DDEX could be different (Follow our how-to).
Step 3 – Locate Raven Protocol (RAVEN) As soon as your deposit has been confirmed, you will immediately have access to your funds and you can commence invest and trading. To purchase Raven Protocol (RAVEN) on Binance, you will want to hover over the tab which is called “Exchange” and after that mouse click on “Basic”. To locate Raven Protocol (RAVEN), you'll need to put the short name of the asset (RAVEN) into the search box, which is highlighted in the graphic. Make sure you have choosen the right pairing, we have marked this too. Click on “RAVEN/BTC” to proceed.
Step 4 – Buying Raven Protocol (RAVEN) Once you've discovered Raven Protocol (RAVEN), you will be given a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the image). And now we're making our own Limit Order. The ”Price” field will be filled automatically with the most recent rate Raven Protocol (RAVEN) was traded for. You can change this to your desired rate. The field with the “Amount” tag is the volumen of RAVEN you want to buy. The field with the “Total” tag is the whole price in BTC that you'll settle for the complete volumen of RAVEN. When you're satisfied, click on “Buy RAVEN”. Your order will be filled as soon as a Seller sells their RAVEN for the price you offered.
Step 5 – Withdraw Raven Protocol (RAVEN) Unless you are frequently trading, best advise is not to keep crypto coins on an Cryptocurrency Exchange for an extended period of time. To take off your Raven Protocol (RAVEN), hover over the tab called “Funds” and mouse click on “Withdraw”. Raven Protocol (RAVEN) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Raven Protocol (RAVEN) by using the provided drop-down box. Put into the volumen of Raven Protocol (RAVEN) you'd like to take off. Take into account the presented fees/minimums. Also make sure you have filled your precise withdraw address. When you are satisfied, click “Submit”. You may be asked for email/phone verification before a take off.