How to Buy Ripio Credit Network (RCN)

Step 1 – Signup to Kraken

In the beginning you'll need to buy units of the major currencies. Exchanges commonly accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Click below to register and receive Bitcoin (BTC) or Ethereum (ETH).

Step 2 – Send Your Bitcoin (BTC) or Ethereum (ETH) to an Crypto Trader

Your Bitcoin or Ethereum has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is similar. Ripio Credit Network (RCN) is accessible on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this guide)

Make sure you have selected the exact coin you want to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etc. In the case you're using a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our manual).

Step 3 – Find Ripio Credit Network (RCN)

As soon as your deposit has been approved, you'll directly have access to your assets and you can initiate purchasing and trading. To buy Ripio Credit Network (RCN) on Binance, you'll want to hover over the ”Exchange” tab and then mouse click on “Basic”.

To discover Ripio Credit Network (RCN), you will need to put the shortname of the coin (RCN) into the search-box, which is highlighted in the picture. Be certain of having choosen the correct pairing, we've marked this also. Click on “RCN/BTC” to progress.

Step 4 – Purchasing Ripio Credit Network (RCN)

As soon as you've discovered Ripio Credit Network (RCN), you'll be given a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the image). For now we are creating our own Limit Order.

The field with the “Price” tag will be filled with the most latest price Ripio Credit Network (RCN) was sold for. This can be changed to your preferred rate. The field with the “Amount” tag is the volumen of RCN you want to purchase. The field with the “Total” tag is the total price in BTC that you will settle for the complete volumen of RCN.

When you're glad, click on “Buy RCN”. Your order will be filled as soon as a Vendor trades their RCN for the price you submitted.

Step 5 – Withdraw Ripio Credit Network (RCN)

Unless you're regularly trading, you should never keepyour crypto on an Exchange for an longer time period. To withdraw your Ripio Credit Network (RCN), go to the ”Funds” tab and click on “Withdraw”. Ripio Credit Network (RCN) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Ripio Credit Network (RCN) by using the provided drop-down box. Drop in the volumen of Ripio Credit Network (RCN) you would wish to withdraw. Take into account the demonstrated fees/minimums. Also make sure you have filled your correct withdraw address.

When you're glad, click on “Submit”. You may be requested for phone/email verification ahead of a take off.