A Step-by-Step-Guide on how to buy Ravencoin (RVN)
Step 1 – Signup to Coinbase and recieve 10$ for free You will first need to purchase units of the bigger coins. Exchanges usually accept either Bitcoin or Ethereum in exchange for alternative Coins. Follow the Link below to register and getting your first $10.
Step 2 – Transmit Your ETH (Ethereum) or BTC (Bitcoin) to an Cryptocurrency Exchange Your Ethereum or Bitcoin has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. Ravencoin (RVN) is obtainable on Binance, so we will use that as an illustration. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this guide) Make sure you've chosen the precise coin you want to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so on. If you are using a decentralized exchange, like Airswap or DDEX could be unlike (Follow our guide).
Step 3 – Locate (RVN) Ravencoin Once your deposit has been confirmed, you'll instantly have access to your funds and you can begin buying and trading. To buy (RVN) Ravencoin on Binance, you'll want to go to the ”Exchange” tab and after that mouse click on “Basic”. In order to locate (RVN) Ravencoin, you'll need to put the shortname of the coin (RVN) into the search box, which is marked in the graphic. Make sure you have selected the proper pairing, we have marked this too. Click on “RVN/BTC” to advance.
Step 4 – Purchasing Ravencoin (RVN) After you have found Ravencoin (RVN), you'll be presented with a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). For now we are making our Limit Order. The field with the “Price” tag will be filled with the most recent tariff Ravencoin (RVN) was traded for. This can be changed to your preferred price. The field with the “Amount” tag is the volumen of RVN you like to purchase. The field with the “Total” tag is the whole price in BTC that you will settle for the whole volumen of RVN. If you're satisfied, click on “Buy RVN”. Your order will be filled as soon as a Seller trades their RVN for the price you introduced.
Step 5 – Withdraw (RVN) Ravencoin Unless you're trading, never keep your coins on an Crypto Exchange for an extensive time frame. In order to take off your (RVN) Ravencoin, go to the tab called “Funds” and mouse click on “Withdraw”. (RVN) Ravencoin can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find (RVN) Ravencoin by using the provided drop-down box. Drop in the quantity of (RVN) Ravencoin you would wish to take off. Don't forget the displayed minimus/fees. Also make sure you have filled your correct withdraw address. If you're glad, click on “Submit”. You may be asked for verfication via phone/email ahead of a withdrawal.