A Step-by-Step-Guide on how to buy Red (RED)
Step 1 – Signup to CEX.io You'll first need to buy one of the bigger currencies. Exchanges usually accept either Ethereum or Bitcoin in exchange for Altcoins. Click below for registration and getting BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Send Your Ethereum or Bitcoin to an Crypto Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is alike. Red (RED) is accessible on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Crypto Exchange? (Just follow these easy steps) Make sure you have selected the right coin you would like to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so forth. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be unlike (Just follow our manual).
Step 3 – Find (RED) Red Once your deposit has been approved, you'll instantly have access to your funds and you can start purchasing and trading. To invest in (RED) Red on Binance, you'll want to go to the tab which is called “Exchange” and click on “Basic”. In order to discover (RED) Red, you'll need to put the short name of the asset (RED) into the search-box, which is highlighted in the picture. Be certain of having choosen the proper grouping, we have highlighted this too. Click on “RED/BTC” to go on.
Step 4 – Purchase (RED) Red As soon as you have spotted (RED) Red, you will be given a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). For now we are going to make our Limit Order. The field with the “Price” tag will be filled with the recent price (RED) Red was traded for. This can be changed to your desired price. The field with the “Amount” tag is the volumen of RED you wish to purchase. The ”Total” field is the aggregated price in Bitcoin that you'll settle for the complete volumen of RED. When you are happy, click on “Buy RED”. Your order will be filled as soon as a Vender sells their RED for the price you introduced.
Step 5 – Withdraw (RED) Red Unless you're trading, best advise is not to keep crypto on an Exchange for an extensive time frame. In order to withdraw your (RED) Red, go to the ”Funds” tab and click on “Withdraw”. (RED) Red can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate (RED) Red by using the given drop-down box. Put into the volumen of (RED) Red you would like to withdraw. Take into account the demonstrated minimus/fees. Also make sure you have entered your correct withdraw address. If you're happy, click “Submit”. You may be asked for email/phone verification before a take off.