A Step-by-Step-Guide on how to buy Rubycoin (RBY)
Step 1 – Signup to Coinbase – Get Free $10 You'll first need to purchase units of the top-tier currencies. Exchanges commonly accept either Ethereum or Bitcoin in exchange for any other Cryptocurrency. Click the button below for registration and getting your first $10.
Step 2 – Transfer Your BTC (Bitcoin) or ETH (Ethereum) to an Cryptocurrency Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is similar. Rubycoin (RBY) is accessible on Binance, so we will use that as an illustration. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Follow this how-to) Make sure you have chosen the correct coin you wish to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so on. If you're using a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our how-to).
Step 3 – Locate (RBY) Rubycoin As soon as your deposit has been confirmed, you'll immediately have access to your assets and you can initiate buying and trading. To purchase (RBY) Rubycoin on Binance, you'll want to go to the tab which is called “Exchange” and click on “Basic”. In order to spot (RBY) Rubycoin, you'll need to insert the cointype (RBY) into the search box, which is highlighted in the graphic. Make sure you have choosen the correct pairing, we have highlighted this also. Click on “RBY/BTC” to go ahead.
Step 4 – Purchasing Rubycoin (RBY) As soon as you've spotted Rubycoin (RBY), you'll be given a Price Chart (in the Center of the image) and a few Order Books (on the Left of the image). And now we're going to make our own Limit Order. The ”Price” field will be automatically filled with the most latest valuation Rubycoin (RBY) was sold for. This can be changed to your preferred price. The ”Amount” field is the volumen of RBY you like to buy. The field with the “Total” tag is the total price in Bitcoin that you will pay for the complete volumen of RBY. When you are satisfied, make a mouse 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're regularly trading, best advise is not to keep your crypto coins on an Cryptocurrency Exchange for an extensive time frame. To withdraw your Rubycoin (RBY), hover over the ”Funds” tab and click on “Withdraw”. Rubycoin (RBY) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Rubycoin (RBY) by using the provided drop-down box. Enter the volumen of Rubycoin (RBY) you'd wish to withdraw. Take into account the shown minimus/fees. Also make sure you have filled your right withdraw address. When you're happy, click on “Submit”. You could be asked for verfication via email/phone ahead of a withdrawal.