A Step-by-Step-Guide on how to buy Ryo Currency (RYO)
Step 1 – Signup to Kraken You'll first need to purchase one of the bigger currencies. Exchanges usually accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for alternative Coins. Click the button below for registration and getting Bitcoin or Ethereum.
Step 2 – Transmit Your Ethereum or Bitcoin to an Cryptocurrency Exchange Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is alike. Ryo Currency (RYO) is accessible on Binance, so we're going to use that as an sample. Not sure on how to send Coinbase funds to an Cryptocurrency Exchange? (Just follow this how-to) Make sure you have chosen the correct coin you would like to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etcetera. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be different (Just follow our guide).
Step 3 – Locate Ryo Currency (RYO) Once your deposit has been approved, you'll immediately have access to your assets and you can initiate purchasing and trading. To purchase Ryo Currency (RYO) on Binance, you'll want to go to the ”Exchange” tab and then click on “Basic”. In order to find Ryo Currency (RYO), you'll need to insert the cointype (RYO) into the search-box, which is marked in the graphic. Be certain of having selected the proper grouping, we've marked this also. Click on “RYO/BTC” to progress.
Step 4 – Purchasing Ryo Currency (RYO) As soon as you've located Ryo Currency (RYO), you'll be given a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the picture). And now we are going to make our own Limit Order. The field with the “Price” tag will be automatically filled with the most recent valuation Ryo Currency (RYO) was sold for. You can change this to your favoured price. The field with the “Amount” tag is the quantity of RYO you want to purchase. The ”Total” field is the total price in BTC that you will pay for the complete quantity of RYO. When you are satisfied, make a mouse click on “Buy RYO”. Your order will be filled as soon as a Vendor trades their RYO for the price you offered.
Step 5 – Withdraw Ryo Currency (RYO) Unless you're regularly trading, best advise is not to keep your coins on an Exchange for an extensive period of time. To take off your Ryo Currency (RYO), go to the ”Funds” tab and click on “Withdraw”. Ryo Currency (RYO) can be stored securely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Ryo Currency (RYO) by using the provided drop-down box. Enter the quantity of Ryo Currency (RYO) you'd like to take off. Don't forget the shown fees/minimums. Also make sure you have filled your right withdraw address. When you're glad, make a mouse click on “Submit”. You may be requested for email/phone verification before a withdrawal.