A Step-by-Step-Guide on how to buy Ravencoin (RVN)
Step 1 – Signup to CEX.io You'll first need to buy one of the bigger currencies. Exchanges normally accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Follow the Link below to register and getting BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Send Your BTC (Bitcoin) or ETH (Ethereum) to an Crypto Trader Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. Ravencoin (RVN) is obtainable on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Crypto Trader? (Follow this manual) Make sure you have selected the precise coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etc. If you're working with a decentralized exchange, like Airswap or DDEX could be different (Follow our manual).
Step 3 – Find (RVN) Ravencoin As soon as your deposit has been affirmed, you'll immediately have access to your funds and you can commence purchasing and trading. To buy (RVN) Ravencoin on Binance, you'll want to go to the tab which is called “Exchange” and click on “Basic”. In order to discover (RVN) Ravencoin, you'll need to insert the shortname of the coin (RVN) into the search-box, which is marked in the picture. Make sure you have choosen the right grouping, we have marked this also. Click on “RVN/BTC” to go on.
Step 4 – Buying Ravencoin (RVN) As soon as you've spotted Ravencoin (RVN), you'll be given a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). Next we are going to create our Limit Order. The field with the “Price” tag will be filled with the latest price Ravencoin (RVN) was traded for. You can change this to your desired price. The field with the “Amount” tag is the amount of RVN you want to buy. The ”Total” field is the aggregated price in BTC that you'll settle for the whole amount of RVN. When you're satisfied, click on “Buy RVN”. Your order will be filled as soon as a Vender trades their RVN for the price you offered.
Step 5 – Withdraw (RVN) Ravencoin Unless you're trading, never keep your coins on an Crypto Exchange for an longer period of time. In order to take off your (RVN) Ravencoin, hover over the tab called “Funds” and mouse click on “Withdraw”. (RVN) Ravencoin can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate (RVN) Ravencoin by using the given drop-down box. Put into the amount of (RVN) Ravencoin you would wish to take off. Don't forget the displayed minimus/fees. Also make sure you have entered your precise withdraw address. If you're satisfied, make a mouse click on “Submit”. You could be requested for verfication via phone/email before a take off.