How to Buy Rocket Pool (RPL)

A Step-by-Step-Guide on 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).

Binance Signup
Step 2 – Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Exchange

Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. Rocket Pool (RPL) is available on Binance, so we're going to use that as an example. Not sure on how to send funds from Coinbase to an Exchange? (Just follow this manual)

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

BTC must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, and so forth. In the case you're working with a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our guide).

Step 3 – Locate Rocket Pool (RPL)

Once your deposit has been approved, you will now have access to your finances and you can commence invest and trading. To invest in Rocket Pool (RPL) on Binance, you'll want to hover over the tab which is called “Exchange” and after that mouse click on “Basic”.

To spot Rocket Pool (RPL), you will need to put the cointype (RPL) into the search box, which is highlighted in the picture. Make sure you have choosen the proper grouping, we've marked this also. Click on “RPL/BTC” to proceed.

Binance Hot To Buy Rocket Pool (RPL)
Binance How to Buy (RPL) Rocket Pool
Step 4 – Buying Rocket Pool (RPL)

Once you've found Rocket Pool (RPL), you'll be presented with a Price Chart (in the Center of the picture) 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 up-to-date price Rocket Pool (RPL) was sold for. You can change this to your preferred rate. The ”Amount” field is the amount of RPL you want to buy. The field with the “Total” tag is the whole price in BTC that you will pay for the complete amount of RPL.

If you are satisfied, make a mouse click on “Buy RPL”. Your order will be filled when a Vendor sells their RPL for the price you submitted.

Step 5 – Withdraw Rocket Pool (RPL)

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

Locate Rocket Pool (RPL) by using the given drop-down box. Put into the amount of Rocket Pool (RPL) you would like to withdraw. Don't forget the displayed minimus/fees. Also make sure you have filled your precise withdraw address.

If you are happy, click “Submit”. You may be asked for email/phone verification ahead of a withdrawal.

Binance Withdraw

Congrats! You've successfully bought and stored Rocket Pool (RPL).

That's it!

Withdrawals from Crypto Trader can take between 1 – 30 minutes (rely on usage of the network). Once you've confirmed your take off using Ethplorer.io or Etherscan.io and the (RPL) Rocket Pool is safe inside your wallet, you are done.

Some other Guides on How to buy Coins

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How to Buy Stakenet
How to Buy Coins
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