A Step-by-Step-Guide on 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 – Transmit Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Exchange Your Bitcoin or Ethereum will need to be sent over to an Exchange now. Every exchange has a deposit form that is alike. Ripio Credit Network (RCN) is available on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Exchange? (Just follow this guide) Make sure you have selected the right coin you wish to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, etcetera. If you are working with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow these easy steps).
Step 3 – Locate Ripio Credit Network (RCN) Once your deposit has been approved, you'll instantly have access to your assets and you can start buying and trading. To invest in Ripio Credit Network (RCN) on Binance, you'll want to hover over the ”Exchange” tab and then click on “Basic”. In order to discover Ripio Credit Network (RCN), you will need to put the cointype (RCN) into the search box, which is highlighted in the picture. Be certain of having choosen the proper pairing, we have highlighted this too. Click on “RCN/BTC” to continue.
Step 4 – Purchasing Ripio Credit Network (RCN) After you have discovered Ripio Credit Network (RCN), you will be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the image). And now we're going to make our own Limit Order. The field with the “Price” tag will be filled with the most recent tariff Ripio Credit Network (RCN) was traded for. You can change this to your preferred price. The ”Amount” field is the amount of RCN you want to purchase. The field with the “Total” tag is the whole price in Bitcoin that you'll pay for the whole quantity of RCN. When you're happy, make a mouse click on “Buy RCN”. Your order will be filled when a Vender sells their RCN for the price you gave.
Step 5 – Withdraw Ripio Credit Network (RCN) Unless you're frequently trading, never keep your crypto coins on an Crypto Exchange for an longer time frame. In order to take off your Ripio Credit Network (RCN), go to the ”Funds” tab and click on “Withdraw”. Ripio Credit Network (RCN) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Ripio Credit Network (RCN) by using the given drop-down box. Enter the volumen of Ripio Credit Network (RCN) you would like to withdraw. Don't forget the presented fees/minimums. Also make sure you have entered your correct withdraw address. When you are satisfied, click on “Submit”. You could be requested for verfication via email/phone ahead of a take off.