How to Buy Rocket Pool (RPL)

Step 1 – Join Kraken

You will first need to buy one of the bigger currencies. Exchanges normally accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for alternative Coins. Follow the Link below to register and getting ETH (Ethereum) or BTC (Bitcoin).

Step 2 – Send Your Bitcoin (BTC) or Ethereum (ETH) to an Cryptocurrency Exchange

Your Bitcoin or Ethereum has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is identical. Rocket Pool (RPL) is obtainable on Binance, so we're going to use that as an illustration. Unsure on how to send Coinbase funds to an Crypto Trader? (Follow this manual)

Make sure you have selected 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 using a decentralized exchange, like Airswap or DDEX could be different (Follow our guide).

Step 3 – Locate Rocket Pool (RPL)

As soon as your deposit has been verified, you will directly have access to your assets and you can commence buying and trading. To invest in Rocket Pool (RPL) on Binance, you'll want to hover over the ”Exchange” tab and then click on “Basic”.

In order to discover Rocket Pool (RPL), you will need to insert the cointype (RPL) into the search box, which is highlighted in the image. Make sure you have choosen the correct grouping, we've marked this too. Click on “RPL/BTC” to go on.

Step 4 – Buy Rocket Pool (RPL)

After you have located Rocket Pool (RPL), you'll be presented with a Price Chart (in the Center of the image) and some Order Books (on the Left of the picture). And now we're going to make our own Limit Order.

The field with the “Price” tag will be filled with the most latest price Rocket Pool (RPL) was sold for. You can change this to your preferred price. The ”Amount” field is the quantity of RPL you wish to buy. The ”Total” field is the total price in Bitcoin that you'll pay for the complete volumen of RPL.

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

Step 5 – Withdraw Rocket Pool (RPL)

Unless you are frequently trading, best advise is not to keep your coins on an Exchange for an extended time frame. To take off your Rocket Pool (RPL), go to the ”Funds” tab and click on “Withdraw”. Rocket Pool (RPL) can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find Rocket Pool (RPL) by using the provided drop-down box. Enter the amount of Rocket Pool (RPL) you'd like to withdraw. Take into account the shown fees/minimums. Also make sure you have filled your precise withdraw address.

If you're happy, click on “Submit”. You may be asked for verfication via email/phone before a take off.