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 Bitcoin or Ethereum to an Crypto Exchange

Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is alike. Rocket Pool (RPL) is obtainable on Binance, so we will use that as an sample. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Just follow this how-to)

Make sure you've chosen the right coin you want to deposit.

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

Step 3 – Locate Rocket Pool (RPL)

As soon as your deposit has been affirmed, you will now have access to your funds and you can begin purchasing and trading. To purchase Rocket Pool (RPL) on Binance, you will want to hover over the ”Exchange” tab and then click on “Basic”.

In order to locate Rocket Pool (RPL), you will need to put the shortname of the coin (RPL) into the search box, which is highlighted in the image. Make sure you have choosen the right grouping, we've highlighted this too. Click on “RPL/BTC” to continue.

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

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

The field with the “Price” tag will be automatically filled with the most up-to-date tariff Rocket Pool (RPL) was traded for. You can change this to your favoured rate. The field with the “Amount” tag is the amount of RPL you wish to buy. The field with the “Total” tag is the aggregated price in BTC that you'll pay for the complete amount of RPL.

If you are happy, make a mouse click on “Buy RPL”. Your order will be filled as soon as a Seller sells their RPL for the price you introduced.

Step 5 – Withdraw Rocket Pool (RPL)

Unless you're frequently trading, never keep your coins on an Exchange for an longer period of time. In order to take off your Rocket Pool (RPL), go to the tab called “Funds” and mouse click on “Withdraw”. Rocket Pool (RPL) can be stored safely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Rocket Pool (RPL) by using the provided drop-down box. Enter the amount of Rocket Pool (RPL) you would wish to take off. Take into account the presented minimus/fees. Also make sure you have filled your precise withdraw address.

If you're happy, click “Submit”. You could be requested for verfication via email/phone before a withdrawal.

Binance Withdraw

Kudos! You've successfully bought and safed Rocket Pool (RPL).

That's it!

Withdrawals from Crypto Exchange can durate anywhere from 1 – 30 minutes (rely on usage of the network). Once you have proved your withdrawal with Etherscan.io or Ethplorer.io and the (RPL) Rocket Pool is stored inside your wallet, you're finished.

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