A Step-by-Step-Guide on how to buy Reddcoin (RDD)
Step 1 – Signup to Coinbase and recieve 10$ for free You will first need to purchase one of the bigger currencies. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Click below to register and receive your first 10 Dollar.
Step 2 – Send Your Bitcoin (BTC) or Ethereum (ETH) to an Cryptocurrency Exchange Your Bitcoin or Ethereum will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. Reddcoin (RDD) is available on Binance, so we will use that as an sample. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this guide) Make sure you've selected the precise coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so on. In the case you are working with a decentralized exchange, like Airswap or DDEX could be opposed (Follow these easy steps).
Step 3 – Find (RDD) Reddcoin As soon as your deposit has been confirmed, you'll immediately have access to your assets and you can start purchasing and trading. To buy (RDD) Reddcoin on Binance, you'll want to hover over the tab which is called “Exchange” and mouse click on “Basic”. In order to discover (RDD) Reddcoin, you'll need to put the cointype (RDD) into the search box, which is marked in the picture. Be certain of having choosen the proper grouping, we have marked this also. Click on “RDD/BTC” to go ahead.
Step 4 – Buy Reddcoin (RDD) As soon as you've found Reddcoin (RDD), you will be given a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). And now we're going to create our Limit Order. The ”Price” field will be filled automatically with the recent rate Reddcoin (RDD) was sold for. This can be changed to your favoured price. The field with the “Amount” tag is the quantity of RDD you wish to purchase. The field with the “Total” tag is the total price in Bitcoin that you'll settle for the whole quantity of RDD. If you are glad, click on “Buy RDD”. Your plan will be filled as soon as a Seller sells their RDD for the price you submitted.
Step 5 – Withdraw (RDD) Reddcoin Unless you are frequently trading, best advise is not to keep your crypto coins on an Cryptocurrency Exchange for an extended time period. To take off your (RDD) Reddcoin, go to the tab called “Funds” and mouse click on “Withdraw”. (RDD) Reddcoin can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate (RDD) Reddcoin by using the given drop-down box. Put into the quantity of (RDD) Reddcoin you'd like to take off. Don't forget the demonstrated minimus/fees. Also make sure you have entered your right withdraw address. If you are glad, click “Submit”. You could be asked for verfication via phone/email before a withdrawal.