How to Buy Reddcoin (RDD)

A Step-by-Step-Guide on how to buy Reddcoin (RDD)

Step 1 – Signup to CEX.io

You will first need to buy units of the bigger coins. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Click the button below to register and receive Bitcoin (BTC) or Ethereum (ETH).

Binance Signup
Step 2 – Transmit Your ETH (Ethereum) or BTC (Bitcoin) to an Exchange

Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Exchange now. All exchanges have a deposit form that is identical. Reddcoin (RDD) is accessible on Binance, so we will use that as an illustration. Not sure on how to send funds from Coinbase to an Exchange? (Just follow these easy steps)

Make sure you have chosen the exact coin you would like to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etcetera. If you are dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our manual).

Step 3 – Locate (RDD) Reddcoin

Once your deposit has been approved, you'll instantly have access to your assets and you can begin invest and trading. To purchase (RDD) Reddcoin on Binance, you'll want to go to the ”Exchange” tab and then click on “Basic”.

To locate (RDD) Reddcoin, you'll need to insert the cointype (RDD) into the search box, which is marked in the picture. Be certain of having choosen the correct pairing, we've marked this also. Click on “RDD/BTC” to progress.

Binance Hot To Buy Reddcoin (RDD)
Binance How to Buy (RDD) Reddcoin
Step 4 – Buying (RDD) Reddcoin

As soon as you have spotted (RDD) Reddcoin, you will be presented with a Price Chart (in the Center of the picture) and some Order Books (on the Left of the picture). Next we are going to create our Limit Order.

The field with the “Price” tag will be filled with the most recent tariff (RDD) Reddcoin was sold for. You can change this to your preferred price. The ”Amount” field is the amount of RDD you want to buy. The ”Total” field is the aggregated price in BTC that you'll pay for the whole amount of RDD.

When you're happy, make a mouse click on “Buy RDD”. Your order will be filled as soon as a Vendor sells their RDD for the price you gave.

Step 5 – Withdraw Reddcoin (RDD)

Unless you are regularly trading, never keep your coins on an Exchange for an extensive period of time. To withdraw your Reddcoin (RDD), go to the tab called “Funds” and mouse click on “Withdraw”. Reddcoin (RDD) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find Reddcoin (RDD) by using the provided drop-down box. Put into the volumen of Reddcoin (RDD) you'd like to withdraw. Take into account the presented fees/minimums. Also make sure you have entered your correct withdraw address.

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

Binance Withdraw

Congratulations! You've successfully purchased and safed Reddcoin (RDD).

That's it!

Take offs from Exchange can take anywhere from 1 – 30 minutes (rely on usage of the network). Once you have proved your withdrawal with Ethplorer.io or Etherscan.io and the Reddcoin (RDD) is stored in your wallet, you are done.