How to Buy Rubycoin (RBY)

A Step-by-Step-Guide on how to buy Rubycoin (RBY)

Step 1 – Signup to Kraken

You will first need to buy one of the top-tier coins. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Follow the Link below for registration and getting Ethereum or Bitcoin.

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

Your Bitcoin (BTC) or Ethereum (ETH) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is similar. Rubycoin (RBY) is obtainable on Binance, so we will use that as an sample. Unsure on how to send Coinbase funds to an Crypto Exchange? (Just follow this manual)

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

BTC must be sent to a BTC deposit address, ETH to an Ethereum deposit address, etc. If you are using a decentralized exchange, such as Airswap or DDEX could be different (Follow our manual).

Step 3 – Find Rubycoin (RBY)

Once your deposit has been affirmed, you will directly have access to your assets and you can commence buying and trading. To invest in Rubycoin (RBY) on Binance, you'll want to go to the tab which is called “Exchange” and after that click on “Basic”.

To find Rubycoin (RBY), you will need to insert the cointype (RBY) into the search box, which is marked in the picture. Be certain of having choosen the proper pairing, we've highlighted this also. Click on “RBY/BTC” to progress.

Binance Hot To Buy Rubycoin (RBY)
Binance How to Buy (RBY) Rubycoin
Step 4 – Acquisition of Rubycoin (RBY)

Once you've discovered Rubycoin (RBY), you'll be given a Price Chart (in the Center of the picture) and some Order Books (Leftside of the image). For now we are making our own Limit Order.

The field with the “Price” tag will be filled automatically with the most recent valuation Rubycoin (RBY) was traded for. This can be changed to your desired rate. The field with the “Amount” tag is the volumen of RBY you like to buy. The ”Total” field is the whole price in BTC that you will pay for the complete volumen of RBY.

If you're happy, click on “Buy RBY”. Your order will be filled as soon as a Vender trades their RBY for the price you introduced.

Step 5 – Withdraw Rubycoin (RBY)

Unless you are regularly trading, best advise is not to keep your crypto on an Crypto Trader for an extensive time frame. To take off your Rubycoin (RBY), go to the tab called “Funds” and mouse click on “Withdraw”. Rubycoin (RBY) can be securely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Rubycoin (RBY) by using the given drop-down box. Drop in the amount of Rubycoin (RBY) you would like to withdraw. Take into account the presented minimus/fees. Also make sure you have filled your precise withdraw address.

If you are satisfied, click on “Submit”. You may be asked for phone/email verification before a withdrawal.

Binance Withdraw

Kudos! You've successfully purchased and safed Rubycoin (RBY).

That's it!

Take offs from Exchange can take between 1 – 30 minutes (depending on usage of the network). As soon as you have confirmed your withdrawal using Ethplorer.io or Etherscan.io and the (RBY) Rubycoin is safe within your wallet, you are finished.
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