A Step-by-Step-Guide on how to buy Rotten (ROT)
Step 1 – Join Kraken You will first need to purchase one of the bigger currencies. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Follow the Link below for registration and to get Bitcoin or Ethereum.
Step 2 – Transmit Your ETH (Ethereum) or BTC (Bitcoin) to an Exchange Your Ethereum or Bitcoin will need to be sent over to an Crypto Trader now. All exchanges have a deposit form that is identical. Rotten (ROT) is accessible on Binance, so we will use that as an illustration. Not sure on how to send funds from Coinbase to an Exchange? (Follow this manual) Make sure you've chosen the exact coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, and so forth. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be different (Just follow our guide).
Step 3 – Locate Rotten (ROT) As soon as your deposit has been affirmed, you will now have access to your assets and you can initiate buying and trading. To purchase Rotten (ROT) on Binance, you will want to go to the tab which is called “Exchange” and after that mouse click on “Basic”. To discover Rotten (ROT), you will need to put the shortname of the coin (ROT) into the search-box, which is marked in the picture. Make sure you have choosen the correct pairing, we've marked this also. Click on “ROT/BTC” to advance.
Step 4 – Buying Rotten (ROT) Once you have located Rotten (ROT), you will be given 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 filled with the most up-to-date rate Rotten (ROT) was traded for. You can change this to your preferred price. The field with the “Amount” tag is the amount of ROT you like to purchase. The ”Total” field is the total price in BTC that you'll pay for the whole volumen of ROT. If you're happy, click on “Buy ROT”. Your order will be filled as soon as a Vendor sells their ROT for the price you offered.
Step 5 – Withdraw Rotten (ROT) Unless you are frequently trading, you should never keepyour crypto on an Crypto Exchange for an extensive time period. In order to withdraw your Rotten (ROT), go to the ”Funds” tab and click on “Withdraw”. Rotten (ROT) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Locate Rotten (ROT) by using the provided drop-down box. Put into the quantity of Rotten (ROT) you would wish to take off. Don't forget the displayed fees/minimums. Also make sure you have filled your right withdraw address. If you are happy, click “Submit”. You may be requested for phone/email verification ahead of a take off.