How to Buy Ravencoin (RVN)

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.

Binance Signup
Step 2 – Transfer Your Bitcoin or Ethereum to an Crypto Exchange

Your Ethereum or Bitcoin will need to be sent over to an Exchange now. All exchanges have a deposit form that is alike. Ravencoin (RVN) is accessible on Binance, so we will use that as an example. Unsure on how to send Coinbase funds to an Exchange? (Follow this how-to)

Make sure you've selected the exact coin you want to deposit.

BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so on. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow these easy steps).

Step 3 – Find Ravencoin (RVN)

Once your deposit has been confirmed, you will now have access to your finances and you can commence invest and trading. To buy Ravencoin (RVN) on Binance, you will want to hover over the tab which is called “Exchange” and then click on “Basic”.

To spot Ravencoin (RVN), you'll need to put the cointype (RVN) into the search-box, which is marked in the graphic. Make sure you have selected the right grouping, we've highlighted this too. Click on “RVN/BTC” to progress.

Binance Hot To Buy Ravencoin (RVN)
Binance How to Buy (RVN) Ravencoin
Step 4 – Buying Ravencoin (RVN)

Once you have spotted Ravencoin (RVN), you will be presented with a Price Chart (in the Center of the image) and a few Order Books (Leftside of the image). For now we're creating our own Limit Order.

The field with the “Price” tag will be filled with the most up-to-date valuation Ravencoin (RVN) was traded for. This can be changed to your preferred rate. The field with the “Amount” tag is the volumen of RVN you like to buy. The ”Total” field is the aggregated price in BTC that you will pay for the whole quantity of RVN.

When you're glad, click on “Buy RVN”. Your order will be filled as soon as a Seller sells their RVN for the price you offered.

Step 5 – Withdraw Ravencoin (RVN)

Unless you are regularly trading, best advise is not to keep your coins on an Crypto Trader for an extended period of time. To withdraw your Ravencoin (RVN), hover over the ”Funds” tab and mouse click on “Withdraw”. Ravencoin (RVN) can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Ravencoin (RVN) by using the given drop-down box. Enter the amount of Ravencoin (RVN) you'd like to take off. Take into account the demonstrated fees/minimums. Also make sure you have entered your correct withdraw address.

When you are glad, make a mouse click on “Submit”. You could be requested for verfication via phone/email ahead of a take off.

Binance Withdraw

Kudos! You've successfully bought and safed Ravencoin (RVN).

That's it!

Take offs from Crypto Exchange can take anywhere from 1 – 30 minutes (depending on network usage). Once you've confirmed your take off with Ethplorer.io or Etherscan.io and the (RVN) Ravencoin is safe inside your wallet, you are all done.

Some other Guides on How to buy Coins

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