A Step-by-Step-Guide on how to buy REN (REN)
Step 1 – Signup to Coinbase and recieve 10$ for free You'll first need to purchase one of the bigger currencies. Exchanges usually accept either Ethereum or Bitcoin in exchange for alternative Coins. Click below to register and getting your welcome $10.
Step 2 – Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Cryptocurrency Exchange Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. REN (REN) is accessible on Binance, so we're going to use that as an sample. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this how-to) Make sure you have chosen the correct coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, et cetera. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Follow our how-to).
Step 3 – Find REN (REN) As soon as your deposit has been approved, you'll directly have access to your finances and you can start purchasing and trading. To buy REN (REN) on Binance, you'll want to hover over the ”Exchange” tab and then click on “Basic”. In order to discover REN (REN), you'll need to insert the shortname of the coin (REN) into the search-box, which is marked in the picture. Make sure you have selected the right grouping, we have marked this too. Click on “REN/BTC” to continue.
Step 4 – Buy REN (REN) Once you have discovered REN (REN), you'll be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the picture). For now we're going to make our Limit Order. The ”Price” field will be automatically filled with the most recent rate REN (REN) was traded for. This can be changed to your desired rate. The ”Amount” field is the quantity of REN you like to purchase. The ”Total” field is the total price in BTC that you will pay for the complete quantity of REN. When you're satisfied, make a mouse click on “Buy REN”. Your plan will be filled when a Vendor sells their REN for the price you introduced.
Step 5 – Withdraw (REN) REN Unless you're trading, best advise is not to keep crypto coins on an Crypto Exchange for an extensive time frame. To take off your (REN) REN, go to the tab called “Funds” and click on “Withdraw”. (REN) REN can be stored safely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find (REN) REN by using the provided drop-down box. Drop in the quantity of (REN) REN you would like to take off. Take into account the shown minimus/fees. Also make sure you have entered your correct withdraw address. If you're satisfied, make a mouse click on “Submit”. You may be requested for phone/email verification ahead of a take off.