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 – Send Your Bitcoin (BTC) or Ethereum (ETH) to an Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto Trader now. Every exchange has 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 Exchange? (Follow these easy steps) Make sure you have selected the precise 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, such as Airswap or DDEX could be divergent (Just follow these easy steps).
Step 3 – Locate Ripio Credit Network (RCN) As soon as your deposit has been verified, you will directly have access to your assets and you can initiate purchasing and trading. To invest in Ripio Credit Network (RCN) on Binance, you'll want to go to the ”Exchange” tab and then click on “Basic”. In order to find Ripio Credit Network (RCN), you will need to put the short name of the asset (RCN) into the search box, which is marked in the graphic. Make sure you have choosen the proper grouping, we've marked this also. Click on “RCN/BTC” to advance.
Step 4 – Purchasing Ripio Credit Network (RCN) After you have found Ripio Credit Network (RCN), you will be presented with a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the image). Next we are going to make our own Limit Order. The ”Price” field will be filled with the most latest tariff Ripio Credit Network (RCN) was sold for. You can change this to your favoured rate. The field with the “Amount” tag is the amount of RCN you wish to purchase. The ”Total” field is the aggregated price in Bitcoin that you'll pay for the complete volumen of RCN. If you are satisfied, click on “Buy RCN”. Your plan will be filled as soon as a Vender trades their RCN for the price you offered.
Step 5 – Withdraw Ripio Credit Network (RCN) Unless you're regularly trading, never keep your crypto on an Exchange for an extended time frame. To withdraw your Ripio Credit Network (RCN), hover over the ”Funds” tab and click on “Withdraw”. Ripio Credit Network (RCN) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Ripio Credit Network (RCN) by using the provided drop-down box. Put into the volumen of Ripio Credit Network (RCN) you would like to withdraw. Don't forget the demonstrated fees/minimums. Also make sure you have entered your right withdraw address. When you're satisfied, make a mouse click on “Submit”. You may be asked for phone/email verification before a take off.
Congrats! You've successfully purchased and safed Ripio Credit Network (RCN).That's it! Take offs from Cryptocurrency Exchange can durate between 1 – 30 minutes (depending on usage of the network). Once you have proved your withdrawal using Etherscan.io or Ethplorer.io and the (RCN) Ripio Credit Network is stored within your wallet, you're finished.
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