How to Buy Reserve Rights Token (RSR)

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).

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

Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is similar. Reserve Rights Token (RSR) is obtainable on Binance, so we will use that as an sample. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this guide)

Make sure you have selected the right coin you wish to deposit.

BTC must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, etc. In the case you are dealing with a decentralized exchange, like Airswap or DDEX could be unlike (Just follow our how-to).

Step 3 – Find Reserve Rights Token (RSR)

Once your deposit has been approved, you'll instantly have access to your funds and you can start purchasing and trading. To invest in Reserve Rights Token (RSR) on Binance, you will want to hover over the ”Exchange” tab and then mouse click on “Basic”.

In order to discover Reserve Rights Token (RSR), you'll need to put the cointype (RSR) into the search box, which is highlighted in the picture. Be certain of having choosen the right grouping, we have highlighted this also. Click on “RSR/BTC” to proceed.

Binance Hot To Buy Reserve Rights Token (RSR)
Binance How to Buy (RSR) Reserve Rights Token
Step 4 – Acquisition of Reserve Rights Token (RSR)

After you have located Reserve Rights Token (RSR), you will be given a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). For now we're creating 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. This can be changed to your preferred price. The ”Amount” field is the amount of RSR you wish to purchase. The field with the “Total” tag is the whole price in BTC that you will pay for the whole volumen of RSR.

If you're glad, click on “Buy RSR”. Your order will be filled as soon as a Vender trades their RSR for the price you gave.

Step 5 – Withdraw Reserve Rights Token (RSR)

Unless you are frequently trading, you should never keepyour coins on an Cryptocurrency Exchange for an extensive period of time. In order to take off your Reserve Rights Token (RSR), hover over the tab called “Funds” and click on “Withdraw”. Reserve Rights Token (RSR) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Reserve Rights Token (RSR) by using the given drop-down box. Enter the volumen of Reserve Rights Token (RSR) you'd wish to take off. Don't forget the shown minimus/fees. Also make sure you have filled your precise withdraw address.

When you are satisfied, make a mouse click on “Submit”. You could be asked for email/phone verification before a take off.

Binance Withdraw

Congrats! You have successfully purchased and stored Reserve Rights Token (RSR).

That's it!

Take offs from Exchange can take anywhere from 1 – 30 minutes (rely on usage of the network). Once you've proved your take off with Etherscan.io or Ethplorer.io and the (RSR) Reserve Rights Token is stored in your wallet, you're finished.

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