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 Bitcoin or Ethereum to an Exchange Your Ethereum or Bitcoin will need to be sent over to an Exchange now. All exchanges have a deposit form that is similar. Ripio Credit Network (RCN) is available on Binance, so we're going to use that as an illustration. Unsure on how to send funds from Coinbase to an Crypto Trader? (Just follow these easy steps) Make sure you've selected the correct coin you want to deposit. Bitcoin must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, et cetera. If you are using a decentralized exchange, like Airswap or DDEX could be different (Follow our guide).
Step 3 – Locate Ripio Credit Network (RCN) As soon as your deposit has been verified, you will instantly have access to your funds and you can begin purchasing and trading. To buy Ripio Credit Network (RCN) on Binance, you'll want to go to 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 image. Make sure you have selected the proper grouping, we have highlighted this also. Click on “RCN/BTC” to progress.
Step 4 – Buying Ripio Credit Network (RCN) After you have spotted Ripio Credit Network (RCN), you will be given a Chart with Prices (in the Center of the image) and a few Order Books (Leftside of the image). Next we're going to make our own Limit Order. The ”Price” field will be automatically filled with the most up-to-date price Ripio Credit Network (RCN) was sold for. This can be changed to your desired rate. The field with the “Amount” tag is the volumen of RCN you want to purchase. The ”Total” field is the total price in BTC that you will settle for the complete volumen of RCN. If you're happy, click on “Buy RCN”. Your order will be filled when a Vender trades their RCN for the price you submitted.
Step 5 – Withdraw Ripio Credit Network (RCN) Unless you are regularly trading, you should never keepyour crypto coins on an Crypto Exchange for an extended time period. In order to withdraw your Ripio Credit Network (RCN), go to the tab called “Funds” and mouse click on “Withdraw”. Ripio Credit Network (RCN) can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Find Ripio Credit Network (RCN) by using the provided drop-down box. Enter the amount of Ripio Credit Network (RCN) you would wish to take off. Take into account the presented minimus/fees. Also make sure you have entered your precise withdraw address. When you're happy, click on “Submit”. You may be requested for email/phone verification before a take off.