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 ETH (Ethereum) or BTC (Bitcoin) to an Crypto Trader

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. Rocket Pool (RPL) is obtainable on Binance, so we will use that as an sample. Unsure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this guide)

Make sure you have selected the right coin you wish to deposit.

Bitcoin must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etcetera. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow these easy steps).

Step 3 – Locate Rocket Pool (RPL)

As soon as your deposit has been approved, you'll immediately have access to your finances and you can begin buying and trading. To invest in Rocket Pool (RPL) on Binance, you will want to hover over the ”Exchange” tab and after that click on “Basic”.

In order to spot Rocket Pool (RPL), you'll need to put the short name of the asset (RPL) into the search box, which is highlighted in the graphic. Make sure you have choosen the right pairing, we've highlighted this also. Click on “RPL/BTC” to advance.

Step 4 – Purchase Rocket Pool (RPL)

Once you have located Rocket Pool (RPL), you'll be presented with a Chart with Prices (in the Center of the image) and some Order Books (Leftside of the image). And now we're making our own Limit Order.

The field with the “Price” tag will be filled automatically with the most recent tariff Rocket Pool (RPL) was traded for. This can be changed to your preferred price. The field with the “Amount” tag is the amount of RPL you want to purchase. The ”Total” field is the aggregated price in BTC that you will pay for the complete volumen of RPL.

If you are satisfied, click on “Buy RPL”. Your plan will be filled when a Seller sells their RPL for the price you offered.

Step 5 – Withdraw Rocket Pool (RPL)

Unless you are regularly trading, best advise is not to keep your coins on an Exchange for an extensive period of time. In order to take off your Rocket Pool (RPL), go to the tab called “Funds” and click on “Withdraw”. Rocket Pool (RPL) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find Rocket Pool (RPL) by using the provided drop-down box. Enter the volumen of Rocket Pool (RPL) you would like to withdraw. Take into account the demonstrated minimus/fees. Also make sure you have entered your right withdraw address.

When you're happy, click on “Submit”. You may be requested for verfication via phone/email ahead of a withdrawal.