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 ETH (Ethereum) or BTC (Bitcoin) to an Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Exchange now. All exchanges have a deposit form that is similar. Ripio Credit Network (RCN) is obtainable on Binance, so we will use that as an illustration. Unsure on how to send Coinbase funds to an Crypto Trader? (Just follow this manual) Make sure you've chosen the exact coin you want to deposit. Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, et cetera. In the case you are dealing with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our guide).
Step 3 – Find Ripio Credit Network (RCN) Once your deposit has been approved, you will instantly have access to your assets and you can begin buying and trading. To invest in Ripio Credit Network (RCN) on Binance, you'll want to go to the tab which is called “Exchange” and then click on “Basic”. In order to spot Ripio Credit Network (RCN), you'll need to insert the shortname of the coin (RCN) into the search-box, which is marked in the graphic. Make sure you have selected the right grouping, we've highlighted this also. Click on “RCN/BTC” to go on.
Step 4 – Buy Ripio Credit Network (RCN) After you've discovered Ripio Credit Network (RCN), you will be given a Price Chart (in the Center of the image) and a few Order Books (Leftside of the picture). Next we are going to make our own Limit Order. The field with the “Price” tag will be automatically filled with the most latest tariff Ripio Credit Network (RCN) was sold for. This can be changed to your preferred price. The ”Amount” field is the amount of RCN you want to buy. The ”Total” field is the aggregated price in Bitcoin that you'll pay for the complete quantity of RCN. If you're happy, make a mouse click on “Buy RCN”. Your plan will be filled when a Seller trades their RCN for the price you introduced.
Step 5 – Withdraw Ripio Credit Network (RCN) Unless you're regularly trading, never keep your crypto coins on an Crypto Exchange for an longer time period. In order to withdraw your Ripio Credit Network (RCN), hover over the tab called “Funds” 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 given drop-down box. Enter the amount of Ripio Credit Network (RCN) you'd like to take off. Take into account the demonstrated minimus/fees. Also make sure you have entered your correct withdraw address. If you are satisfied, click on “Submit”. You may be asked for verfication via phone/email before a take off.