A Step-by-Step-Guide on how to buy RPICoin (RPI)
Step 1 – Signup to Kraken In the beginning you'll need to buy one of the major currencies. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for any other Cryptocurrency. Click the button below for registration and to get Bitcoin (BTC) or Ethereum (ETH).
Step 2 – Send Your Ethereum (ETH) or Bitcoin (BTC) to an Exchange Your Bitcoin or Ethereum will need to be sent over to an Exchange now. Every exchange has a deposit form that is identical. RPICoin (RPI) is accessible on Binance, so we will use that as an example. Not sure on how to send Coinbase funds to an Exchange? (Follow this manual) Make sure you have chosen the exact coin you would like to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so on. If you are dealing with a decentralized exchange, like Airswap or DDEX could be different (Follow our how-to).
Step 3 – Locate RPICoin (RPI) Once your deposit has been confirmed, you'll immediately have access to your finances and you can begin invest and trading. To invest in RPICoin (RPI) on Binance, you'll want to go to the tab which is called “Exchange” and then click on “Basic”. In order to discover RPICoin (RPI), you'll need to insert the shortname of the coin (RPI) into the search box, which is marked in the graphic. Make sure you have choosen the correct pairing, we've marked this too. Click on “RPI/BTC” to proceed.
Step 4 – Buy RPICoin (RPI) As soon as you have found RPICoin (RPI), you will be presented with a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the image). For now we are going to create our own Limit Order. The field with the “Price” tag will be automatically filled with the most recent valuation RPICoin (RPI) was sold for. You can change this to your desired price. The ”Amount” field is the amount of RPI you want to purchase. The ”Total” field is the aggregated price in BTC that you'll pay for the whole amount of RPI. When you're satisfied, make a mouse click on “Buy RPI”. Your plan will be filled as soon as a Vendor sells their RPI for the price you submitted.
Step 5 – Withdraw RPICoin (RPI) Unless you are trading, you should never keepyour crypto coins on an Exchange for an longer time frame. To withdraw your RPICoin (RPI), hover over the ”Funds” tab and mouse click on “Withdraw”. RPICoin (RPI) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate RPICoin (RPI) by using the given drop-down box. Drop in the quantity of RPICoin (RPI) you'd wish to withdraw. Don't forget the presented fees/minimums. Also make sure you have filled your correct withdraw address. If you are glad, click “Submit”. You could be asked for email/phone verification ahead of a take off.