A Step-by-Step-Guide on how to buy Reserve Rights Token (RSR)
Step 1 – Signup to Kraken You'll first need to buy one of the bigger currencies. Exchanges normally accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Click below to register and receive Ethereum (ETH) or Bitcoin (BTC).
Step 2 – Send Your Ethereum or Bitcoin to an Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is identical. Reserve Rights Token (RSR) is obtainable on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Exchange? (Just follow this manual) Make sure you've chosen the exact coin you would like to deposit. BTC must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, and so forth. In the case you are using a decentralized exchange, like Airswap or DDEX could be opposed (Follow our guide).
Step 3 – Locate Reserve Rights Token (RSR) Once your deposit has been verified, you will instantly have access to your finances and you can begin buying and trading. To invest in Reserve Rights Token (RSR) on Binance, you will want to go to the ”Exchange” tab and after that click on “Basic”. In order to spot Reserve Rights Token (RSR), you will need to put the short name of the asset (RSR) into the search box, which is marked in the graphic. Be certain of having choosen the correct pairing, we've marked this also. Click on “RSR/BTC” to go on.
Step 4 – Purchase Reserve Rights Token (RSR) After you've located Reserve Rights Token (RSR), you'll be presented with 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 make our own Limit Order. The field with the “Price” tag will be filled automatically with the most recent tariff Reserve Rights Token (RSR) was traded for. You can change this to your preferred price. The field with the “Amount” tag is the quantity of RSR you like to purchase. The ”Total” field is the total price in BTC that you will settle for the whole quantity of RSR. If you are happy, make a mouse click on “Buy RSR”. Your order will be filled as soon as a Vendor trades their RSR for the price you offered.
Step 5 – Withdraw Reserve Rights Token (RSR) Unless you are regularly trading, never keep your crypto on an Crypto Exchange for an extended time frame. In order to take off your Reserve Rights Token (RSR), hover over the ”Funds” tab and mouse click on “Withdraw”. Reserve Rights Token (RSR) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Reserve Rights Token (RSR) by using the provided drop-down box. Put into the amount of Reserve Rights Token (RSR) you'd like to take off. Don't forget the displayed minimus/fees. Also make sure you have filled your precise withdraw address. When you are satisfied, click on “Submit”. You could be asked for verfication via phone/email before a take off.