A Step-by-Step-Guide on how to buy Rubycoin (RBY)
Step 1 – Join CEX.io In the beginning you'll need to purchase units of the major coins. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for Altcoins. Click the button below to register and getting Bitcoin or Ethereum.
Step 2 – Transfer Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Exchange Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is identical. Rubycoin (RBY) is available on Binance, so we're going to use that as an example. Not sure on how to send funds from Coinbase to an Crypto Exchange? (Just follow these easy steps) Make sure you have selected the right coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, et cetera. If you're working with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow these easy steps).
Step 3 – Locate Rubycoin (RBY) As soon as your deposit has been confirmed, you'll immediately have access to your funds and you can begin purchasing and trading. To invest in Rubycoin (RBY) on Binance, you'll want to go to the tab which is called “Exchange” and mouse click on “Basic”. To locate Rubycoin (RBY), you'll need to put the shortname of the coin (RBY) into the search-box, which is highlighted in the image. Be certain of having choosen the right pairing, we've highlighted this also. Click on “RBY/BTC” to go ahead.
Step 4 – Purchase (RBY) Rubycoin Once you have located (RBY) Rubycoin, you will be presented with a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). And now we're going to create our Limit Order. The field with the “Price” tag will be automatically filled with the most recent rate (RBY) Rubycoin was sold for. This can be changed to your favoured price. The field with the “Amount” tag is the amount of RBY you like to buy. The field with the “Total” tag is the whole price in BTC that you'll pay for the whole amount of RBY. If you're satisfied, make a mouse click on “Buy RBY”. Your plan will be filled as soon as a Vendor trades their RBY for the price you introduced.
Step 5 – Withdraw Rubycoin (RBY) Unless you are frequently trading, you should never keepyour crypto coins on an Exchange for an extensive time period. In order to take off your Rubycoin (RBY), go to the tab called “Funds” and click on “Withdraw”. Rubycoin (RBY) can be securely stored using a Wallet, for example MyEtherWallet. (MyEtherWallet Setup Guide) Locate Rubycoin (RBY) by using the given drop-down box. Drop in the quantity of Rubycoin (RBY) you'd wish to take off. Take into account the presented minimus/fees. Also make sure you have entered your right withdraw address. When you are glad, click “Submit”. You may be requested for phone/email verification before a take off.