A Step-by-Step-Guide on how to buy Riecoin (RIC)
Step 1 – Join Coinbase and recieve 10$ for free In the beginning you'll need to buy one of the top-tier coins. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Click below for registration and getting your first 10 Dollar.
Step 2 – Transmit Your Bitcoin or Ethereum to an Crypto Exchange Your Bitcoin or Ethereum has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is alike. Riecoin (RIC) is obtainable on Binance, so we're going to use that as an example. Unsure on how to send Coinbase funds to an Crypto Exchange? (Follow this how-to) Make sure you've selected the precise coin you would like to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so forth. If you are using a decentralized exchange, like Airswap or DDEX could be opposed (Follow these easy steps).
Step 3 – Locate Riecoin (RIC) Once your deposit has been verified, you'll immediately have access to your finances and you can launch buying and trading. To buy Riecoin (RIC) on Binance, you'll want to hover over the ”Exchange” tab and then mouse click on “Basic”. To find Riecoin (RIC), you'll need to insert the shortname of the coin (RIC) into the search-box, which is marked in the image. Make sure you have choosen the right grouping, we have marked this also. Click on “RIC/BTC” to progress.
Step 4 – Buying Riecoin (RIC) After you have spotted Riecoin (RIC), you will be presented with a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). For now we are going to make our own Limit Order. The ”Price” field will be filled with the recent tariff Riecoin (RIC) was traded for. You can change this to your preferred price. The ”Amount” field is the volumen of RIC you wish to buy. The field with the “Total” tag is the total price in Bitcoin that you'll settle for the complete volumen of RIC. If you're happy, click on “Buy RIC”. Your plan will be filled as soon as a Vendor trades their RIC for the price you introduced.
Step 5 – Withdraw Riecoin (RIC) Unless you are frequently trading, best advise is not to keep crypto coins on an Exchange for an longer time period. To withdraw your Riecoin (RIC), hover over the ”Funds” tab and click on “Withdraw”. Riecoin (RIC) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find Riecoin (RIC) by using the given drop-down box. Enter the amount of Riecoin (RIC) you would wish to withdraw. Take into account the shown fees/minimums. Also make sure you have entered your right withdraw address. When you are happy, click “Submit”. You may be requested for verfication via email/phone before a take off.