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 Ethereum or Bitcoin to an Crypto Exchange

Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. Rubycoin (RBY) is accessible on Binance, so we will use that as an illustration. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Follow this how-to)

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

BTC must be sent to a BTC deposit address, ETH to an Ethereum deposit address, etcetera. If you're working with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow these easy steps).

Step 3 – Find Rubycoin (RBY)

Once your deposit has been confirmed, you'll now have access to your assets and you can begin buying and trading. To invest in Rubycoin (RBY) on Binance, you'll want to go to the ”Exchange” tab and then click on “Basic”.

In order to locate Rubycoin (RBY), you will need to put the cointype (RBY) into the search-box, which is highlighted in the picture. Make sure you have choosen the proper grouping, we have highlighted this also. Click on “RBY/BTC” to proceed.

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

Once you've spotted Rubycoin (RBY), you will be given a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the image). For now we're going to make our own Limit Order.

The field with the “Price” tag will be filled with the most latest rate Rubycoin (RBY) was traded for. This can be changed to your favoured rate. The ”Amount” field is the amount of RBY you like to purchase. The field with the “Total” tag is the whole price in Bitcoin that you'll pay for the complete quantity of RBY.

If you are happy, click on “Buy RBY”. Your order will be filled as soon as a Seller trades their RBY for the price you submitted.

Step 5 – Withdraw Rubycoin (RBY)

Unless you are frequently trading, never keep your crypto on an Crypto Exchange for an extensive period of time. 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, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find Rubycoin (RBY) by using the provided drop-down box. Drop in the amount of Rubycoin (RBY) you would wish to take off. Don't forget the presented fees/minimums. Also make sure you have entered your right withdraw address.

When you're glad, make a mouse click on “Submit”. You may be asked for phone/email verification before a withdrawal.

Binance Withdraw

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

That's it!

Take offs from Cryptocurrency Exchange can take anywhere from 1 – 30 minutes (rely on usage of the network). As soon as you've proved your take off with Etherscan.io or Ethplorer.io and the (RBY) Rubycoin is safe within your wallet, you're all done.
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