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.

Step 2 – Transmit Your Ethereum (ETH) or Bitcoin (BTC) to an Exchange

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

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

BTC must be sent to a Bitcoin deposit address, ETH to an Ethereum deposit address, et cetera. If you are using a decentralized exchange, like Airswap or DDEX could be opposed (Follow these easy steps).

Step 3 – Locate Rubycoin (RBY)

As soon as your deposit has been affirmed, you will instantly have access to your assets and you can start purchasing and trading. To invest in Rubycoin (RBY) on Binance, you will want to go to the ”Exchange” tab and after that click on “Basic”.

In order to discover Rubycoin (RBY), you'll need to put the cointype (RBY) into the search box, which is marked in the picture. Be certain of having choosen the correct pairing, we've highlighted this also. Click on “RBY/BTC” to advance.

Step 4 – Purchasing Rubycoin (RBY)

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

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

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

Step 5 – Withdraw Rubycoin (RBY)

Unless you're regularly trading, best advise is not to keep crypto on an Crypto Trader for an extensive time period. In order to withdraw your Rubycoin (RBY), go to the tab called “Funds” and mouse click on “Withdraw”. Rubycoin (RBY) can be stored securely using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Rubycoin (RBY) by using the given drop-down box. Put into the amount of Rubycoin (RBY) you'd wish to withdraw. Don't forget the presented fees/minimums. Also make sure you have entered your correct withdraw address.

If you are happy, make a mouse click on “Submit”. You could be requested for email/phone verification before a withdrawal.