A Step-by-Step-Guide on how to buy Ravencoin (RVN)
Step 1 – Join Kraken You'll first need to purchase units of the top-tier coins. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Click the button below to register and receive Ethereum or Bitcoin.
Step 2 – Transmit Your Ethereum (ETH) or Bitcoin (BTC) to an Exchange Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. Ravencoin (RVN) is accessible on Binance, so we will use that as an illustration. Unsure on how to send Coinbase funds to an Crypto Trader? (Just follow this manual) Make sure you've chosen the correct coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, etc. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be unlike (Follow our guide).
Step 3 – Find Ravencoin (RVN) Once your deposit has been approved, you'll now have access to your funds and you can commence invest and trading. To purchase Ravencoin (RVN) on Binance, you'll want to go to the tab which is called “Exchange” and then mouse click on “Basic”. In order to locate Ravencoin (RVN), you'll need to insert the shortname of the coin (RVN) into the search-box, which is highlighted in the image. Make sure you have selected the correct pairing, we've marked this also. Click on “RVN/BTC” to continue.
Step 4 – Purchasing Ravencoin (RVN) As soon as you have spotted Ravencoin (RVN), you will be given a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). Next we're going to make our own Limit Order. The field with the “Price” tag will be automatically filled with the most recent price Ravencoin (RVN) was sold for. This can be changed to your preferred price. The field with the “Amount” tag is the quantity of RVN you like to purchase. The field with the “Total” tag is the total price in Bitcoin that you'll settle for the complete volumen of RVN. When you are glad, make a mouse click on “Buy RVN”. Your plan will be filled as soon as a Vender sells their RVN for the price you gave.
Step 5 – Withdraw Ravencoin (RVN) Unless you are regularly trading, best advise is not to keep your coins on an Exchange for an extended time period. To withdraw your Ravencoin (RVN), go to the ”Funds” tab and mouse click on “Withdraw”. Ravencoin (RVN) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Ravencoin (RVN) by using the provided drop-down box. Enter the amount of Ravencoin (RVN) you would wish to take off. Take into account the shown minimus/fees. Also make sure you have entered your right withdraw address. If you're glad, click on “Submit”. You may be requested for verfication via phone/email before a take off.